Common use of Financial Management of the Trust Fund Clause in Contracts

Financial Management of the Trust Fund. 8.1.1 The Accounting Officer shall keep accurate and regular financial records of the Trust Fund and the Actions financed in accordance with the relevant provisions of this Article.

Financial Management of the Trust Fund. 8.1.1 The Accounting Officer shall keep accurate and regular financial records of the Trust Fund and the Actions financed actions it finances in accordance with the relevant provisions of this Article. The Accounting Officer shall put in place the appropriate banking arrangements (‘Trust Fund bank account(s)’), including establishing one account or sub-account per window, and accounting modalities enabling the Manager to identify the earmarking of funds decided by each donor (windows).

Financial Management of the Trust Fund. 8.1.1 The Accounting Officer shall keep accurate and regular financial records of the Trust Fund and the Actions financed actions it finances in accordance with the relevant provisions of this Article.