Distribution: General<\/p>\n
C\/C.01\/98-00\/RES\/06\/Rev.3<\/p>\n
ORIGINAL: English<\/p>\n
M\u00e9rida, 24 June 1998<\/p>\n
Commission for Environmental Cooperation (CEC) Budget<\/strong><\/p>\n THE COUNCIL:<\/p>\n HEREBY AGREES:<\/p>\n That, notwithstanding Rules 5.3, 5.4 and 5.6 of the Financial Rules of the CEC, funds obligated for a specific purpose during a given year shall remain available to be spent as obligated for 6 months following the end of that financial year in the case of the financial years 1998 and 1999, for 3 months in the case of the financial years 2000 and 2001, and for 2 months in the case of financial year 2002 and each subsequent financial year.<\/p>\n Funds not expended nor obligated by the end of any given financial year, up to a maximum of 5% of that year's budget, shall be carried over and credited to the next financial year's budget.<\/p>\n Any funds not expended nor obligated by the end of a given financial year in excess of the 5% maximum set out in the preceeding paragraph shall be considered as surplus funds. Surplus funds shall be returned or credited to the Parties unless a Party directs that the surplus funds owed to it be applied to an activity in the following year consistent with the CEC's Three-Year Rolling Plan. The Parties may jointly direct that surplus funds owed to them be applied to a specific activity in the following year consistent with the mission and objectives of the CEC.<\/p>\n The Financial Rules of the CEC shall be amended to reflect the decisions in this resolution.<\/p>\n APPROVED BY THE COUNCIL:<\/p>\n (S) Avrim Lazar<\/p>\n __________________________________<\/p>\n Government of Canada<\/p>\n by Avrim Lazar<\/p>\n <\/p>\n (S) Jos\u00e9 Luis Samaniego<\/p>\n __________________________________<\/p>\n Government of the United Mexican States<\/p>\n by Jos\u00e9 Luis Samaniego<\/p>\n <\/p>\n (S) William Nitze<\/p>\n __________________________________<\/p>\n Government of the United States of America<\/p>\n by William Nitze<\/p>\n Presupuesto de la Comisi\u00f3n para la Cooperaci\u00f3n Ambiental (CCA).<\/p>\n","protected":false},"excerpt":{"rendered":" Distribution: General C\/C.01\/98-00\/RES\/06\/Rev.3 ORIGINAL: English M\u00e9rida, 24 June 1998 Commission for Environmental Cooperation (CEC) Budget THE COUNCIL: HEREBY AGREES: That, notwithstanding Rules 5.3, 5.4 and 5.6 of the Financial Rules of the CEC, funds obligated for a specific purpose during a given year shall remain available to be spent as obligated for 6 months following the […]<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-27784","documents","type-documents","status-publish","hentry","document_category-resolucion-de-consejo"],"acf":[],"yoast_head":"\n