Provisional budget. (1) If, at the beginning of the accounting period, the budget has not been adopted by the Budget Committee, expenditures may be effected on a monthly basis per heading or other division of the budget, in accordance with the Financial Regulations, up to one-twelfth of the budget appropriations for the preceding accounting period, provided that the appropriations thus made available to the Presidium do not exceed one-twelfth of those provided for in the draft budget.
Provisional budget. Art. 47 EPC
Provisional budget. If a proposed Annual Budget is not adopted by the Board of Directors prior to the end of a Fiscal Year, then the Annual Budget previously approved by the Board for the preceding Fiscal Year shall remain in effect, after giving effect to any dispositions or other material changes to the assets of the Company or any of its Subsidiaries during such Fiscal Year (the “Provisional Budget”). Any items of the proposed Annual Budget that have been approved will become operative. If the Board of Directors adopts an Annual Budget prior to the end of such Fiscal Year, such Annual Budget shall then become effective.
Provisional budget. Since a reasonable key for the calculation of suitable national contingents could not yet be negotiated, the Partners agree on the following principles: - IUPAC Division of Chemistry and the Environment provides only the scientific monitoring, in connection with the funding agencies/research organizations, - Each Partner supports its own expenses generated by the program (local secretariat, relevant personnel, videoconference, administrator travel costs, etc.). In case of meeting, the Partner of the hosting country provides the room and facilities. - Each Partner will be responsible for the issuance and management of awards to their PIs in accordance with the Partner's agency issuance and post-award guidelines. (A reasonable estimation for this call might be about 9 to 12 successful applications, with an average of 2 to 3 per Partner)". - Each Partner supports the travel/local expenses of its national reviewer(s) and of the IUPAC Division of Chemistry and the Environment Committee member(s) from its country. - For reviewers or IUPAC members not affiliated with a participating country, expenses will be covered by the Partners involved in the program to be decided on case by case basis. - No extra fee will be provided to the reviewers. - If extra meetings are required, the travel/local expenses of the participating scientists (laureate applicants and granted PhDs/Post-docs), administrators, reviewers and involved IUPAC members should be covered by their relevant Partners.
