15
" 4. In performing its duties as the Committee on Financial Control, the Executive Committee shall consult with and obtain reports from, the Sub-committee on Finance. ".5, The Committee on Financial Control shall, on request of the Sub-committee on Finance, transmit any reports of the Sub-committee - to member governments and to the next session of the Conference, together with any comments the Committee may wish to make." . Note bj the Secretary-General of the Conference.—lt was understood that the foregoing amendment should be subject to review at the next regular session of the Conference in the light of experience and that a report would be submitted by the Executive Committee on the working of the Financial Regulations and on the functions that can most appropriately be performed by the Executive Committee and by the Committee on Financial Control respectively. (See Report of Commission B, p. 4.) Financial Arrangements for 1946-47 The Conference Having observed that until recently necessarily limited progress has been achieved in establishing the services of finance and administration which are essential to the successful functioning of the Organization, and in view of the rapidity with which financial burdens will increase in coming months, and in the light of the discussions and suggestions of the Committee on Finance, Resolves That the Director-General shall make every effort to strengthen the financial administration of the Organization in conformity with the Financial Regulations. Accounts of the Interim Commission The Conference, having received the report by Price, Waterhouse and Company, auditors, dated 26 July, 1946, on the accounts of the Interim Commission for the period from 1 October, 1945, to 30 November, 1945, accepts the auditor's report. Budget for the First Financial Year The Conference', being satisfied that the Committee on Finance has examined the budget for the first financial year, approves the budget. Executive Committee Allowances The Conference approves The recommendation that, in accordance with the rule already made by the Executive Committee, members of the Executive Committee should be entitled to payment of the cost of first-class travel by direct route to the place of meeting, per diem allowance of 10 U.S. dollars while, en route, and per diem allowance of 20 U.S. dollars after arrival in the country where the meeting takes place.