from 0 bythe ofthe Emerge tohel their madet toJu $31,56 HJ9.T Accord theE 110. relat 111. noted::i"l'~~~ ~ _ admission ofth~organization tomembership intheFund.Inasmuchasthenext regular session oftheBoardwillnotbeheldbefore1986,postponement ofaction bytheBoarduntilthenwouldhavedelayed theadmission ofUNIDOinamannerthat wouldhaveresulted intheinterruption ofparticipation intheFundbystaff transferring fromtheUnitedNations toUNIDO. 105.Inthecircumstances, andbearing inmindtherequest addressed toitin. paragraph 5ofGeneral Assembly resolution 34/96,theBoarddecided torecommend to theGeneral Assembly thatUNIDObeadmitted tomembership intheFundwitheffect from1January 1986,provided thatUNIDOdulyapplied formembership asatthat date,accepted theRegulations oftheFundanddulyconcluded withtheSecretary, actingonbehalfoftheBoard,theagreement governing theconditions ofadmission required underarticle 3(£)oftheFund'sRegulations. 106.TheBoarddecided further thatthequestion oftherepresentation ofUNIDOon thePension Boardwouldbeconsidered intheoverall context ofthecomposition of theBoard(seeparas. 83-96above). F.Emergency Fund 107.TheEmergency Fund,initially established bytheBoardin1973fromvoluntary contributions ofmemberorganizations, staffassociations andindividual contributors toalleviate thedistress ofrecipients ofsmallpensions caused by currency fluctuations andcost-of-living increases, hasbeenusedinstead, since theintroduction ofthepension adjustment systemin1975,torelieve hardship by providing aidinindividual casesofprovenemergency duetoillness, infirmity or similar causes. 108.SincethentheGeneral Assembly hasauthorized theBoardtosupplement voluntary contribut~ons totheEmergency Fundbyanamountofupto$100,000 a year.Thebulkofthemoneyspenthasbeenusedtoassistinthepayment of medica~ expenses, including hospitalization, andrelated expenses notreimbursable fromothersources. Inallcasesinvolving claimsformedical expenses notcovered bythemedical insurance schemes ofthememberorganizations concerned, theadvice ofthemedical consultant wasobtained beforeanypayment wasmadefromthe Emergency Fund.Payments havealsobeenandarebeingmadeonacontinuing basis tohelpmeetthecostofat-home nursing ordomestic helprequired bypensioners or theirspouses because ofillness anddebility. Insomeinstances payments were madetohelpcoverfuneral expenses. Thetotalamountofpayments madefrom1975 toJune1985isabout$289,400. Expenditures inthecalendar year1984amounted to $31,560 asagainst $20,900 in1983. 109.TheBoardbelieves thatthereisacontinuing needfortheEmergency Fund. Accordingly itrecommends thatitsauthority tocontribute upto$100,000 ayearto theEmergency Fundbecontinued in1986. G.Financial statements oftheFundandreportofthe BoardofAuditors 110.TheBoardexamined andapproved thefinancial statements oftheFundand related schedules fortheyearended31December 1984(annexII). 111.TheBoardtooknoteofthereportoftheBoardofAuditors (annexIll).It notedwithsatisfaction thatmostoftherecommendations madebytheauditors in -29-a 1 l' al b: e~ 0 1 c r R i's !.0 .\ I L 1~t 11[theirreports ontheaccounts for1983and1984hadbeenacteduponandimplemented totheextentpossible. 112. Altho~gh theamountofoutstanding taxrefunds duetotheFundfromanumber ofcountries asat31December 1984waslowerthanithadbeenasat 31December 1983($1.9million asagainst $2.2million), itwasstillasubstantial amount. TheBoardviewedthesituation withconcern anddecided todrawittothe attention oftheGeneral Assembly. H.Administrative expenses 1.Introduction 113.Article 15oftheRegulations oftheFundprovides that: "(~)Expenses incurred bytheBoardintheadministration ofthese Regulations shallbemetbytheFund. (E)Biennial estimates oftheexpenses tobeincurred under (~)above shallbesubmitted totheGeneral Assembly forapprovai duringtheyear immediately preceding thebiennium towhichthesaidestimates relate. Supplementary estimates maysimilarly besubmitted inthefirstand/orthe secondyearofthebiennium towhichthebudgetrelates. (£)Expenses incurred intheadministration oftheseRegulations bya