43rd Meeting - Geneva, 5-9 July 2004

Document UNEP/OzL.Pro/ExCom/43/54:  contains the report from the Treasurer on the treatment/encashment of promissory notes, in response to Decision 41/4 and 42/44.  The report also informs that the Treasurer is collecting data on rules and systems for the transparent and equitable encashment of promissory notes used in other fora.  It is hoped the study will be completed before the 43rd Meeting.

• The adequacy and completeness of the study in light of the Decisions of the Executive Committee.

The Executive Committee may wish to take note of the report from the Treasurer and provide additional instructions on any further work that should be done by the Treasurer, if necessary.