제16047호                           관              보                  2005. 7.21. (목요일)

                 New York, NY 10036-2708            General Assembly.
                 USA                              3. The trust fund will also be charged with an
 Bank ABA Code:021000021                            amount equivalent to one (1) per cent of the
 Bank SWIFT Code:CHASUS33                           remuneration ornet salary of persons
3. UNESCAP shall establish a trust fund             engaged by UNESCAP and whose engagement
 under the Financial Rules and Regulations          is financed by the trust fund, to provide a
 of the United Nations for the receipt and          reserve for coverage of any claims for
 administration of the aforesaid funds.             service-incurred death, injury or illness,
4. The trust fund and the activities financed       under the applicable United Nations
 from it shall be administered by UNESCAP           Regulations and Rules or Contracts, which
 in accordance with the applicable United           reserve   cannot     be   refunded    to   the
 Nations Regulations, Rules and Directives.         Government.
5. The trust fund may be placed in an                                Article III
 interest-bearing account. Any interest           1. UNESCAP shall commence and continue to
 earned will be credited to the trust fund.         conduct operations under this Agreement on
6. All financial accounts and statements shall      the receipt of the contributions and approval
 be expressed in United States Dollars.             of the relevant project document(s) by the
7. UNESCAP shall use such fundsto meet the          Government.
 costs of one or more projects that               2. UNESCAP shall not make any commitments
 UNESCAP will develop in the context of the         above the amount of the contribution of the
 global United Nations response to the              Government.
 Indian Ocean tsunami, as consistent with         3. If unforeseen expenditures arise, UNESCAP
 the Terms of Reference in the Annex to this        will submit a supplementary budget to the
 Agreement.                                         Government showing the further financing
8. Before allocation of funds to any project, a     that will be necessary. If no such further
 project document covering each project             financing is available, the assistance
 should be approved by the Government.              provided to the project under this Agreement
                   Article II                       may be reduced or, if necessary, terminated
1. The trust fund shall be charged with             by UNESCAP. In no event will UNESCAP
 expenditures incurred by UNESCAP in the            assume liability in excess of the funds
 performance of activities under this               provided in the trust fund.
 Agreement.                                                          Article IV
2. The fund will also be charged for              1. Ownership of equipment, supplies and other
 programme support services provided by             property financed from this trust fund shall
 UNESCAP in the implementation of the               vest in the United Nations.
 project financed under the trust fund at the     2. UNESCAP shall be entitled to all intellectual
 effective standard rate approved by the            property and other proprietary rights,

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