Clearing house mechanism compendium

Defences and rights of set off of the debtor

Defences and rights of set off of the account debtor

Agreement not to raise defences or rights of set off

Trust Fund to Support the Clearing house Mechanism through the

meet the agreed incremental costs of implementing the Protocol finance clearing house functions that

(b) Technical Cooperation Trust Fund to Support the Clearing house Mechanism with Consultancies on Strategies for Dealing with Serious Environment Problems (financed by the Government of Norway), to be extended through 31 December 1993

Sitting in the sun under the dove house wall My lord and you were then at Mantua

Owing to this cooperation, they created mutual good business and cooperative relations, settled through clearing arrangements.

Such an agreement precludes the account debtor from raising against the assignee those defences and rights of set off

In addition, a comprehensive review of the receivable and payable accounts is being conducted to prevent netting off of the accounts payable against the accounts receivable and vice versa.

1. The debtor may agree with the assignor in a writing signed by the debtor not to raise against the assignee the defences and rights of set off that it could raise pursuant to article 18. Such an agreement precludes the debtor from raising against the assignee those defences and rights of set off.

In paragraph 26 of its report, the Board recommended that the Tribunal (a) comply with the United Nations system accounting standards by not netting accounts payable off against accounts receivable and vice versa and (b) improve the financial application system to prevent the netting off of debit and credit amounts.

Miscellaneous services 439.7 527.9 (88.2)

Also, the Federal Reserve Bank has completed the extension of its Automated Clearing House (ACH) system to Mexico, allowing electronic funds transfer at very low costs.

Data processing services

Data processing services

Translation services 52 002.8 68 548.9 (2 099.9) (3.0) 66 449.0 7 537.4 73 986.4

Data processing services 1.2 (1.2)

(a) Miscellaneous services

Data processing services

General Service (Principal) 4 26.0 48.6 19.3 20.6 105.3 41.8 44.6 86.9

4. Translation services 52 002.8 68 548.9 (2 099.9) (3.0) 66 449.0 7 537.4 73 986.4

Services

Cooperation brokered under the Bali Strategic Plan and lessons learned from such endeavours will also be accessible through the clearing house.

(a) This amount represents the difference between advances paid to UNDP, and expenditures reported by UNDP under the special clearing account.

a This amount represents the difference between advances paid to the United Nations Development Programme (UNDP) and expenditures reported by UNDP under the special clearing account.

In its report on the biennium 2002 2003, the Board noted that no supporting documentation had been provided for the inter office voucher clearing account credit balance.

OIOS Audit Service

Table 9. Support Services, Office of Conference and Support Services

News services

Library services

Outreach services

Outreach services

Subprogramme 3 Library services

Under Secretary General

Laboratory Services

Hospital Services

Midwifery Services

Tourism services

Personnel services

UNOPS business trends

Internet Services

Dolphin Services

X Utilities