XII.2 The Committee also established an Emergency Reserve. In accordance with Financial Regulation, Article 5.1, an amount of US $1 million shall be transferred from the undisposed balance of the Fund to a Reserve Fund to meet requests for assistance resulting from disasters or natural calamities. Expenditure from the Reserve Fund should be made in accordance with the operational Guidelines for the implementation of the World Heritage Convention.
Approved Emergency Reserve for 1994 and Indicative Reserve for 1995
|
1994 |
1995 |
|
1,000,000 |
|