|
The funding of the Commission
comes from contributions of Contracting Parties. The
Scheme of Contributions described below was adopted
at the First Special Session of the Commission in 1997.
- Ten percent of the total
budget of the Commission shall be divided equally
among all the Members.
- Ten percent of the total budget shall
be divided equally among the Members having fishing
operations in the Area targeting species covered by
the Commission.
- Forty percent of the total budget
shall be allocated among the Members on the basis
of per caput GNP for the calendar year three years
before the year to which the contributions relate,
weighted according to the economic status of the Members
in accordance with the World Bank classification as
follows and subject to change in the classification
thresholds: high income Members shall be weighted
by the factor of 8; middle income Members by the factor
of 2; low-income Members by the factor of 0.
- Forty percent of the total budget
shall be allocated among the Members in proportion
to their average catch in the three calendar years
beginning with the year five years before the year
to which the contributions relate, weighted by a coefficient
reflecting their development status. The coefficient
of OECD members and EC shall be 1, and the coefficient
of other Members shall be one-fifth.
|
Scheme
for calculation of contributions to the administrative
budget of the commission
