WORLD TRADE WT/L/44/Rev.1
18January 1996
ORGANIZATION(96-0232)
WTO COMMITTEE ONBUDGET, FINANCE AND ADMINISTRATION
Decision bytheGeneral Council on31January 1995
Revision1
Atitsmeeting on31January 1995 theGeneral Council established theWTO Committee on
Budget, Finance andAdministration withthefollowing terms ofreference:*
Terms ofreference:
(i) Toexamine anyquestions arising inconnection withtheaudited accounts, proposals forthe
budgets oftheWTO andoftheInternational Trade Centre UNCTAD/WTO, andthefinancing
thereof.
(ii) Tostudy anyfinancial andadministrative questions which maybereferred toitbythe
Ministerial Conference ortheGeneral Council, orsubmitted toitbytheDirector-General,
andundertake suchother studies asmaybeassigned toitbytheMinisterial Conference or
theGeneral Council.
Membership:
Membership intheCommittee willbeopen toallWTO Members. Without prejudice to
Article IV:7oftheWTO Agreement, andtaking account ofthetechnical nature oftheCommittee and
pastGATT practice, itisrecognized thatalimited membership could bemoreefficient andintheoverall
administrative interests oftheWTO.
*Upon adoption ofthese terms ofreference theGeneral Council alsotook noteoftheaccompanying statement or
understanding referred toinparagraph 40ofthereport ofthePreparatory Committee contained indocument PC/R.
1Thisrevision takes intoaccount thedecision bytheGeneral Council ontherelationship withtheInternational Trade
Centre (WT/GC/M/3, item6).