EXECUTIVE BOARD 134th session Provisional agenda item 11.2
EB134/40 12 November 2013
Confirmation of amendments to the Financial Rules Report by the Secretariat 1. Amendments to the Financial Rules are made by the Director-General and enter into force after confirmation by the Executive Board in accordance with Financial Regulation XVI – General Provisions. 2. In line with resolution WHA66.3 on amendments to the Financial Regulations and Financial Rules, the Executive Board is invited to confirm the amendments of an editorial nature made by the Director-General to Financial Rule III, in order to align it with the agreed changes to the Financial Regulations. 3. The text proposed for inclusion is set out below. The effective date is upon confirmation by the Board.
TEXT OF THE AMENDED RULE III OF THE FINANCIAL RULES OF THE WORLD HEALTH ORGANIZATION Rule III – Budget Approval 103.1 The budget approved by the Health Assembly constitutes an authority to issue awards up to the amount approved to enable expenditures to be incurred for the purposes for which the budget is approved. The Director-General may determine the maximum amount of the approved budget that it would be prudent to issue as awards taking into account the prospects for collection of contributions and the availability of both the Working Capital Fund and internal borrowing.
ACTION BY THE EXECUTIVE BOARD 4. The Board may wish to consider the following draft resolution, which would confirm the amendment to Financial Rule III above: The Executive Board, CONFIRMS, in accordance with Financial Regulation 16.1, the amendment to Financial Rule III that has been made by the Director-General, with immediate effect.
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