제16051호                               관             보                2005. 7.27. (수요일)

 UNDP may provide more frequent reporting          Board of Auditors of the UNDP to its
 at the expense of the Donor. The specific         governing body contain observations relevant
 nature and frequency of this reporting shall      to the contributions, such information shall be
 be specified in an annex of the Agreement.        made available to the Donor.
        Article IV. Administrative and               Article VII. Completion of the Agreement
               Support Services                    1. The UNDP shall notify the Donor when all
1. In accordance with the decisions and              activities relating to the project have been
 directives of the UNDP’s Executive Board,           completed.
 the contribution shall be charged:                2. Notwithstanding the completion of the
 (a). Three percent (3%) cost recovery for           project, the UNDP shall continue to hold
   the provision of general management               unutilized payments until all commitments
   support (GMS) by the UNDP headquarters            and liabilities incurred in the implementation
   and country offices                               of the project have been satisfied and project
 (b). direct cost for implementation support         activities brought to an orderly conclusion.
   services(ISS) provided by the UNDP              3. If the unutilized payments prove insufficient
   and/or an implementing partner.                   to meet such commitments and liabilities,
2. The aggregate of the amounts budgeted for         the UNDP shall notify the Donor and consult
 the project, together with the estimated costs      with the Donor on the manner in which such
 of reimbursement of related support services,       commitments and liabilities may be
 shall not exceed the total resources available      satisfied.
 to the project under this Agreement as well       4. Any payments that remain unexpended
 as funds which may be available to the              after such commitments and liabilities have
 project for project costs and for support costs     been satisfied shall be disposed of by the
 under other sources of financing.                   UNDP in consultation with the Donor.
            Article V. Equipment                     Article VIII. Termination of the Agreement
 Ownership of equipment, supplies and other        1. After consultations have taken place
properties financed from the contribution shall      between the Donor, the UNDP and the
vest in the UNDP. Matters relating to the            programme country Government, and provided
transfer of ownership by the UNDP shall be           that the payments already received are,
determined in accordance with the relevant           together with other funds available to the
policies and procedures of the UNDP.                 project, sufficient to meet all commitments
             Article VI. Auditing                    and liabilities incurred in the implementation
 The    contribution     shall      be   subject     of the project, this Agreement may be
exclusively to the internal and external-            terminated by the Donor or by the UNDP. The
auditing procedures provided for in the              Agreement shall cease to be in force 30
financial regulations, rules and directives of       (thirty) days after either of the Parties have
the UNDP. Should an Audit Report of the              given notice in writing to the other Party of

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