text: from 0 bythe ofthe Emerge tohel their madet toJu $31,56 HJ9.T Accord theE 110. relat 111. noted::i"l'~~~ ~ _ admission ofth~organization tomembership intheFund.Inasmuchasthenext regular session oftheBoardwillnotbeheldbefore1986,postponement ofaction bytheBoarduntilthenwouldhavedelayed theadmission ofUNIDOinamannerthat wouldhaveresulted intheinterruption ofparticipation intheFundbystaff transferring fromtheUnitedNations toUNIDO. 105.Inthecircumstances, andbearing inmindtherequest addressed toitin. paragraph 5ofGeneral Assembly resolution 34/96,theBoarddecided torecommend to theGeneral Assembly thatUNIDObeadmitted tomembership intheFundwitheffect from1January 1986,provided thatUNIDOdulyapplied formembership asatthat date,accepted theRegulations oftheFundanddulyconcluded withtheSecretary, actingonbehalfoftheBoard,theagreement governing theconditions ofadmission required underarticle 3(£)oftheFund'sRegulations. 106.TheBoarddecided further thatthequestion oftherepresentation ofUNIDOon thePension Boardwouldbeconsidered intheoverall context ofthecomposition of theBoard(seeparas. 83-96above). F.Emergency Fund 107.TheEmergency Fund,initially established bytheBoardin1973fromvoluntary contributions ofmemberorganizations, staffassociations andindividual contributors toalleviate thedistress ofrecipients ofsmallpensions caused by currency fluctuations andcost-of-living increases, hasbeenusedinstead, since theintroduction ofthepension adjustment systemin1975,torelieve hardship by providing aidinindividual casesofprovenemergency duetoillness, infirmity or similar causes. 108.SincethentheGeneral Assembly hasauthorized theBoardtosupplement voluntary contribut~ons totheEmergency Fundbyanamountofupto$100,000 a year.Thebulkofthemoneyspenthasbeenusedtoassistinthepayment of medica~ expenses, including hospitalization, andrelated expenses notreimbursable fromothersources. Inallcasesinvolving claimsformedical expenses notcovered bythemedical insurance schemes ofthememberorganizations concerned, theadvice ofthemedical consultant wasobtained beforeanypayment wasmadefromthe Emergency Fund.Payments havealsobeenandarebeingmadeonacontinuing basis tohelpmeetthecostofat-home nursing ordomestic helprequired bypensioners or theirspouses because ofillness anddebility. Insomeinstances payments were madetohelpcoverfuneral expenses. Thetotalamountofpayments madefrom1975 toJune1985isabout$289,400. Expenditures inthecalendar year1984amounted to $31,560 asagainst $20,900 in1983. 109.TheBoardbelieves thatthereisacontinuing needfortheEmergency Fund. Accordingly itrecommends thatitsauthority tocontribute upto$100,000 ayearto theEmergency Fundbecontinued in1986. G.Financial statements oftheFundandreportofthe BoardofAuditors 110.TheBoardexamined andapproved thefinancial statements oftheFundand related schedules fortheyearended31December 1984(annexII). 111.TheBoardtooknoteofthereportoftheBoardofAuditors (annexIll).It notedwithsatisfaction thatmostoftherecommendations madebytheauditors in -29-a 1 l' al b: e~ 0 1 c r R i's !.0 .\ I L 1~t 11[theirreports ontheaccounts for1983and1984hadbeenacteduponandimplemented totheextentpossible. 112. Altho~gh theamountofoutstanding taxrefunds duetotheFundfromanumber ofcountries asat31December 1984waslowerthanithadbeenasat 31December 1983($1.9million asagainst $2.2million), itwasstillasubstantial amount. TheBoardviewedthesituation withconcern anddecided todrawittothe attention oftheGeneral Assembly. H.Administrative expenses 1.Introduction 113.Article 15oftheRegulations oftheFundprovides that: "(~)Expenses incurred bytheBoardintheadministration ofthese Regulations shallbemetbytheFund. (E)Biennial estimates oftheexpenses tobeincurred under (~)above shallbesubmitted totheGeneral Assembly forapprovai duringtheyear immediately preceding thebiennium towhichthesaidestimates relate. Supplementary estimates maysimilarly besubmitted inthefirstand/orthe secondyearofthebiennium towhichthebudgetrelates. (£)Expenses incurred intheadministration oftheseRegulations bya
analysis: The text appears to be discussing the financial and administrative aspects of an international organization, specifically the United Nations Industrial Development Organization (UNIDO), and its interactions with other organizations, such as the United Nations and the Pension Fund. The text also touches on the organization's activities, including providing aid to pensioners and emergency relief. Based on this, it seems likely that the category would be related to economic development or humanitarian aid and relief.