RESTRICTED
PREPARATORY COMMITTEE PC/IPL/2
FOR THE 28October 1994
WORLD TRADE ORGANIZATION
(94-2212)
SUB-COMMITTEE ONINSTITUTIONAL ,
PROCEDURAL AND LEGAL MATTERS
TERMS OFREFERENCE AND MEMBERSHIP OFTHE WTO COMMITTEE ON
BUDGET, FINANCE AND ADMINISTRATION
ASAGREED BYTHE SUB-COMMITTEE
ATITSMEETING ON21OCTOBER 1994
Terms ofreference:
(i) Toexamine anyquestions arising inconnection withtheaudited accounts, proposals forthe
budgets oftheWTO and[oftheInternational Trade Centre UNCTAD/WTO, and]1thefinancing
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.
1Thetextinsquare brackets isbeing keptpending adecision onthefuture relationship between theWTO andtheITC,
andwillbealtered inthelightofthatdecision.