The Advisory Committee was informed that some 362,500 was attributable to unpaid invoices from prior periods.

Canc el pending actions

The General Assembly decides to defer for future consideration the following agenda items and related documents

Cancel all pending installations, removals, holds, and upgrades.

(k) Deferred charges shown under other assets

Applications deferred pending responses to questions posed by the Committee

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Questions deferred for future consideration (A C.5 59 L.43)

A. Quadrennial reports deferred from previous sessions of the Committee

The UNCC secretariat noted further that, in any event, the privileges and immunities of the United Nations would protect UNCC, the Compensation Fund and the United Nations as a whole against litigation in connection with this matter.

The deferred or transferred claims are identified in the relevant paragraphs of this report.

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(a) To apply cost of living adjustments to deferred retirement benefits as from age 50

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Upon request, a detailed list of the projects and equipment deferred, scaled down or cancelled was provided by UNFICYP.

(b) To apply cost of living differential factors to deferred retirement benefits as from the date of separation

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At the end of this period, debtor countries may request a five year rescheduling of the deferred amounts.

Comment by the Administration. UNITAR will ensure that deferred income is recorded correctly at the closure of the biennium 2004 2005.

It is well designed because it interferes not with the level of compensation (as many have demanded), but with the form that this compensation takes.

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The government also plans to introduce a general financial scheme for longer leave during working life, to be known as the Life Course Savings Scheme.

Summary of recommended awards for the claims of Syria 124

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(a) Establish an effective national legal aid scheme

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(d) The cost of living differential factor in subparagraph 5 (b) (i) above shall not apply to deferred retirement benefits.

' Taking this custom into account, the Magistrates Court held that the word damages' should be interpreted as including punitive or exemplary damages as well as compensatory damages.

The Europeans are pushing for reform of compensation practices in the financial sector.

Recommended awards for category C claims

It should be noted that, when notifying the Commission of these duplicate claims, the Governments returned to the Compensation Fund the full amount of the awards issued for such duplicate claims.

Crises are typically associated with a drop not only in actual growth, but also in a country s growth potential, owing to deferred investment.

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The UNCC secretariat also commented that, moreover, the Office of Legal Affairs had confirmed in a legal opinion dated 14 June 2002 that the obligation to pay awards of compensation (including interest) was an obligation of Iraq and not of UNCC or the United Nations as a whole.

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Table 1. Recommended awards for category A claims

Table 2. Recommended awards for category C claims