Implementing Procedures. (1) The Joint Trust Fund Committee shall determine the fiscal procedures, including remedies, to be used in implementing this Agreement, provided that the Fiscal Procedures Agreement, referred to in sections 211 and 212 of the Compact, as amended, together with any amendments to it over the 20-year Compact, as amended, period, shall be the basis for such fiscal procedures, unless otherwise agreed by the Original Parties. (2) No disbursements shall be made to the Government of the Federated States of Micronesia under this Article, from the Fund, until fiscal procedures have been agreed to under sub-clause (1) of this sub-paragraph (a).
Appears in 2 contracts
Samples: Trust Fund Agreement, Trust Fund Agreement
Implementing Procedures. (1) The Joint Trust Fund Committee shall determine the fiscal procedures, including remedies, to be used in implementing this Agreement, provided that the Fiscal Procedures Agreement, referred to in sections 211 and 212 of the Compact, as amended, together with any amendments to it over the 20-20- year Compact, as amended, period, shall be the basis for such fiscal procedures, unless otherwise agreed by the Original Parties.
(2) No disbursements shall be made to the Government of the Federated States of Micronesia under this Article, from the Fund, until fiscal procedures have been agreed to under sub-clause (1) of this sub-paragraph (a).
Appears in 1 contract
Samples: Compact of Free Association
Implementing Procedures. (1) The Joint Trust Fund Committee shall determine the fiscal procedures, including remedies, to be used in implementing this Agreement, provided that the Fiscal Procedures Agreement, Agreement referred to in sections 211 and 212 213 of the Compact, as amended, together with any amendments to it over the 20-year period of the Compact, as amended, period, shall be the basis for such fiscal procedures, unless otherwise agreed by the Original Parties.
(2) No disbursements shall be made to the Government of the Federated States Republic of Micronesia the Xxxxxxxx Islands under this Article, Article from the Fund, Fund until fiscal procedures have been agreed to under sub-clause (1) of this sub-paragraph (a).
Appears in 1 contract
Samples: Trust Fund Agreement