The Committee,
- Having examined document ITH/07/2.COM/CONF.208/10;
- Recalling Article 7 (c) of the Convention;
- Requests the Secretariat to prepare a budget proposal for the second session of the General Assembly, to be structured in accordance with the Plan for the use of the resources of the Fund, it being understood that the figures are indicative and may be revised if required at a later date by the Committee. Further, the Committee suggests that in preparation of the budget proposal, at least 70% of the available resources be allocated to item 1.1. (International assistance), to be distributed, inasmuch as possible, in equal parts to sub-paragraphs 1.1.a. through 1.1.d.;
- Submits to the General Assembly for approval a Plan for the use of the resources of the Fund, as annexed to this Decision.
ANNEX: Plan for the use of the resources of the Fund |
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1. |
For the period 1 July 2008 to 31 December 2009, as well as for the period 1 January 2010 to 30 June 2010, the resources of the Intangible Heritage Fund may be allocated for the following purposes:
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2. |
At least 5% shall be used to build up the Reserve Fund referred to in Article 6 of the Fund’s Financial Regulations. |
3. |
The remaining resources shall be allocated to any or all of the abovementioned purposes. |
4. |
Budget that has not been committed at the end of the biennium can be carried over to the next financial period and shall be used primarily for the replenishment of the Reserve Fund. |
5. |
For the period 1 January 2010 to 30 June 2010, one third of the amount established for the eighteen month period July 2008 to December 2009 should be allocated. This may be readjusted and reviewed during the General Assembly to be held in mid 2010. |