Secretariat - NPFC funds and proposal to establish a general fund

The NPFC Financial Regulations (FR) note the need to make use of a General Fund (FR 20(b)). Any surplus can then be transferred to the Working Capital Fund (FR21). This working paper requests that Members agree to establish the General Fund at a level of JPY 30,000,000 (plus Members’ annual contribution), the cap on the working capital fund at JPY 160,000,000 and maintain, as separate accounts, the Special Project Fund, Voluntary Contribution Fund, Pension Fund and Repatriation Fund as dedicated funds for their stated purposes.