Existing Principles Sample Clauses
Existing Principles. 1. Decisions relating to any scale of contributions will be adopted by consensus, having regard to the differing resources of the different Parties, in accordance with article VII(2)(a).
2. The formula set out in Resolution [3.6] will continue to be used The inputs to the formula will be taken from the latest published datasets, which will be applied taking account of the differing resources of the different Parties in accordance with article VII(2)(a).
3. The accession of any Party to the Agreement during an intersessional period will not result in the recalculation of the formula set out in Resolution [2.3] for any other Party prior to the next MoP.
4. Subject to consensus of all Parties present at the MoP, caps may be applied to limit the amount that any one Party must pay (e.g. maximum percentage of budget; minimum amount).
Existing Principles. 1. Decisions relating to the budget will be adopted by the MoP by consensus, having regard to the differing resources of the different Parties, in accordance with article VII(2)(a).
2. If consensus cannot be reached, the previously adopted budget will continue to apply, in accordance with article VII(2)(b).
3. Contributions received during an intersessional period as a result of a new Party acceding to the Agreement will be used to increase the budget rather than to reduce the level of contributions currently paid by existing Parties, in accordance with financial regulation 5.4.
4. The budget will include provisions that seek to promote the participation of Parties in meetings of the Advisory Committee and sessions of the Meeting of the Parties. Assistance will be offered, having regard to the differing resources of the different Parties.
5. Provision will be made in the budget for funding the work of the Advisory Committee.
