Common use of Resources of the Fund Clause in Contracts

Resources of the Fund. 1. The resources of the Fund shall consist of: (a) the contributions of Members; (b) income derived from operations of the Fund or otherwise accruing to the Fund; and (c) contributions of third parties being contributions which are not likely to prejudice the independence or integrity of the Court. 2. The Fund shall not solicit nor accept any grant, gift or other material benefit from any source except with the consent of all the Members. 3. A State or Territory listed in the Annex to this Agreement: (a) which is a Member on the date this Agreement enters into force; or (b) which accedes to this Agreement within such period as may be determined by the Members, shall, contribute or cause to be contributed to the Fund the amount of the initial capital of the Fund represented by the scale of contributions set out in the Annex. 4. A State or Territory acceding to this Agreement, other than a State or Territory to which paragraph 3(b) applies, shall make contributions to the Fund in accordance with the provisions set out in its instrument of accession. 5. The Board shall review the adequacy of the resources of the Fund, not later than two years after the entry into force of this Agreement and thereafter at least once within every succeeding biennium. 6. The Board shall communicate the results of the review to the Members. 7. Where upon such a review an inadequacy in resources is found to exist, the Members shall make additional contributions in the proportions reflected in the Annex to this Agreement. 8. Contributions of Members shall be made for the purpose of the Fund without restriction as to use. 9. Financing from the Fund shall be governed by considerations of economy, efficiency and cost effectiveness and the need to safeguard the independence and sustainability of the Court and the Commission.

Resources of the Fund. 1. The resources of the Fund shall consist of: (a) the contributions of Members; (b) income derived from operations of the Fund or otherwise accruing to the Fund; and (c) contributions of third parties being contributions which are not likely to prejudice the independence or integrity of the Court. 2. The Fund shall not solicit nor accept any grant, gift or other material benefit from any source except with the consent of all the Members. 3. A State or Territory listed in the Annex to this Agreement: (a) which is a Member on the date this Agreement enters into force; or (b) which accedes to this Agreement within such period as may be determined by the Members, shall, contribute or cause to be contributed to the Fund the amount of the initial capital of the Fund represented by the scale of contributions set out in the Annex., 4. A State or Territory acceding to this Agreement, other than a State or Territory to which paragraph 3(b) applies, shall make contributions to the Fund in accordance with the provisions set out in its instrument of accession. 5. The Board shall review the adequacy of the resources of the Fund, not later than two years after the entry into force of this Agreement and thereafter at least once within every succeeding biennium. 6. The Board shall communicate the results of the review to the Members. 7. Where upon such a review an inadequacy in resources is found to exist, the Members shall make additional contributions in the proportions reflected in the Annex to this Agreement. 8. Contributions of Members shall be made for the purpose of the Fund without restriction as to use. 9. Financing from the Fund shall be governed by considerations of economy, efficiency and cost effectiveness and the need to safeguard the independence and sustainability of the Court and the Commission.