ContractFinancial Procedures Agreement • January 27th, 2014
Contribution Agreement Model Financial Procedures Agreement UNICEF Draft SE Financial Procedures Agreement “Supervision Allocation” means the portion of the Trust Fund allocated to a Supervising Entity to offset the costs associated with supervising an Activity; (Section 1.1(aa) of Annex 1) “Supervision Allocation” means the portion of the Trust Fund allocated to the Supervising Entity to offset costs associated with supervising an Activity. (Section 1.1.) “Supervision Allocation” means that part (if any) of an Allocation approved by the Board of Directors to help offset UNICEF’s costs associated with fulfilling its responsibilities of the Supervising Entity as set out in the Proposal to which such Allocation relates. A Supervision Allocation will not be used to implement Activities or be applied to pay the UNICEF Special Account Fee. Any Supervision Allocation will be received and administered by UNICEF as an Other Resources contribution to UNICEF revenue, and in accordance with UNICE