DECISION ON THE SCALE OF ASSESSMENT
(Doc. EX.CL/192 (VID)
The Assembly:
1. TAKES NOTE of the recommendations of the Executive Council;
2. ADOPTS the new Scale of Assessment as proposed based on the principle of Capacity to Pay of Member States with the ceiling of 15% and without a floor rate;
3. COMMENDS the following Member States that have offered to contribute 15% of the regular budget of the Union each, namely, Algeria, Egypt, Libya, Nigeria and South Africa;
4. DECIDES that the adopted Scale of Assessment shall be effective from 1st January 2006;
5. URGES the Commission to enforce a strict sanctions regime to ensure prompt full payment of contributions;
6. FURTHER URGES the Commission to practice prudent financial management and control of its budgetary and financial affairs;
7. DECIDES that the Scale of Assessment shall be reviewed every three (3) years;