A/RES/74/266
Working Capital Fund for 2020
(b) Such sums as may be necessary to finance commitments that may be duly
authorized under the provisions of the resolutions adopted by the General Assembly,
in particular resolution 74/265 of 27 December 2019 relating to unforeseen and
extraordinary expenses for the year 2020; the Secretary-General shall make provision
in the budget estimates for reimbursing the Working Capital Fund;
(c) Such sums as may be necessary to continue the revolving fund to finance
miscellaneous self-liquidating purchases and activities, which, together with net sums
outstanding for the same purpose, do not exceed 200,000 dollars; advances in excess
of 200,000 dollars may be made with the prior concurrence of the Advisory
Committee on Administrative and Budgetary Questions;
(d) With the prior concurrence of the Advisory Committee, such sums as may
be required to finance payments of advance insurance premiums where the period of
insurance extends beyond the end of the year in which payment is made; the
Secretary-General shall make provision in the budget estimates of each year, during
the life of the related policies, to cover the charges applicable to each ye ar;
(e) Such sums as may be necessary to enable the Tax Equalization Fund to
meet current commitments pending the accumulation of credits; such advances shall
be repaid as soon as credits are available in the Tax Equalization Fund;
6.
Should the provision in paragraph 1 above prove inadequate to meet the
purposes normally related to the Working Capital Fund, the Secretary-General is
authorized to utilize, in the year 2020, cash from special funds and accounts in his
custody, under the conditions approved by the General Assembly in its resolution
1341 (XIII) of 13 December 1958, or the proceeds of loans authorized by the Assembly.
52nd (resumed) plenary meeting
27 December 2019
2/2
19-22735