To adopt a decision on the payment mechanism and the priority of payment of outstanding claims (S AC.26 Dec.256 (2005)).

An exception to the requirement for recognition is given for collection of claims which are property of the debtor, such as accounts receivable.

As indicated above, a decision was taken at this session to modify the payment mechanism and the priority of payment of outstanding claims.

Long term Due from project funds

Due from Provident Fund

The Secretariat has therefore set deadlines and has concluded that all eligible claims from Governments participating in UNITAF have been submitted.

For example, the Bundesbank s Target claims ballooned from 5 billion in 2006 to 323 billion by March 2011.

The same World Bank study estimates that total claims accruing to insurers in Japan might ultimately cost these companies 33 billion.

The interest earned on the deposit had not been refunded.

This burden includes both public debt (owed by the government) and external dent (owed by the country as a whole to foreigners).

Note Amounts due from to trust funds administered by UNDP

Due from other United Nations funds

Filing of claims by representation

Claims

Full interest charges continued to be assessed on the outstanding balances.

Underfunding by the General Fund as at

Contributions receivable

Accounts payable

5. Outstanding assessments

(i) To review and process outstanding claims, for presentation to the Claims Review Board and Property Survey Board, including those relating to loss of personnel effects by military personnel

Decides that the payment suspensions imposed on all second in time claimants should be lifted, and that outstanding payments should be made to these claimants when funds become available in accordance with decision 253 (S AC.26 Dec.253 (2005))

A third important class of foreign debt of developing countries is that owed to multilateral institutions.

Concerning the issue of duplicate claims, the secretariat indicated that it was aware of the risk of duplicate claims from the outset of claims processing and took steps to identify and eliminate such claims during the course of claims processing.

C6 Support claims are for the loss of financial support to the claimant.

Claims and adjustments 5 000

Claims and adjustments

Claims and adjustments 9.0 9.0 0.7 8.3

Claims and adjustments

Claims and adjustments 9.0 18.8 (9.8)

Claims and adjustments 12.0 12.0

Claims and adjustments 12.0

Claims and adjustments

Claims and adjustments 3.0

Claims and adjustments 0.9 3.0 3.0

Claims and adjustments 3.0 3.0 0.9 2.1

Claims and adjustments

Claims and adjustment

Claims and adjustments 30.0 32.5 2.5

Claims and adjustments

Claims and adjustments 5.0 5.0

Claims and adjustments 524.0 524.0

Claims and adjustments 524.0 524.0

Claims and adjustments 6 500

Claims and adjustments

Claims and adjustments 0.0 0.0 0.0 0.0