Final disbursement.Preparation of WA(s) for final disbursement(s) of project loan
and tranche disbursement of a policy-based loan should be closely coordinated
between ADB and the borrower and/or EA, particularly if the remaining unutilized
balance is expected to be fully utilized.
4.17 Winding-up period.10
The borrower may make withdrawals from the loan account
for expenditures incurred on or before the loan closing date. Expenditures incurred
after the loan closing date will not be financed under the loan. ADB may allow up to
4 months after the loan closing date (i) for the borrower’s WAs to be submitted to ADB
for expenditures incurred on or before the loan closing date, and (ii) for the borrower
to fully liquidate expenditures incurred on or before the loan closing date. After the
winding-up period, WAs, including requests for liquidation, will not be accepted.
Extension of the winding-up period, on an exceptional basis, may be approved by ADB
(Section 4.14).
4.18 Within 2 months after the winding-up period for submission of documents, the
borrower should fully refund any outstanding imprest account balances to ADB. If the
borrower fails to fully refund such balances, ADB may, among other corrective actions,
decide not to allow the use of the imprest fund procedure under the borrower’s new
projects until such time as the refund is received.
4.19 Payment of final audit fees.If external auditor’s fees are financed by ADB, it is
best practice to pay the audit fee before the loan closing date after completing the
final audit (Section 4.15). When audit fees under a project need to be paid after the
closing date, special arrangements may be required for payment of the final audit fee
from the loan account. External auditor’s fees for the final fiscal year may be disbursed
from the loan account, under condition that (i) the borrower signs a contract for the
final audit prior to the loan closing date, and (ii) the contract is a lump-sum or fixedprice contract that requires completion
11
of audit within 6 months after the loan
closing date. If the audit work cannot be completed during the winding-up period, and
the final audit fee will be paid through the escrow account, full supporting documents
should be attached to the WA (see Appendix 4D for more details).
4.20 Refunds.All refunds must be paid to ADB’s accounts at its depository banks with
payment details indicating (i) references such as loan number, (ii) description or
nature of the refund, and (iii) currency and amount of refund. The borrower and/or
EA should send advice to ADB’s Treasury Services Division (TDTS) and CTLA once
a refund is made.

law society

8:51 AM    


CHARTEROFTHEUNITEDNATIONS WETHEPEOPLESOFTHEUNITEDNATIONS DETERMINED tosavesucceedinggenerationsfro mthescourgeo fwar,whichtwic einourlifetimehasbroughtuntoldsorrowtomankind,and toreaffir mfaithinfundamentalhumanrights,inthedignityandwortho fthe humanperson,intheequalrightso fmenandwomenando fnationslargeand small,and toestablishconditionsunderwhichjusticeandrespectfo rtheobligationsarising fro mtreatiesandothersourceso finternationalla wcanbemaintained,and topromotesocia lprogressandbetterstandardso flif einlargerfreedom, ANDFORTHESEENDS topracticetoleranceandlivetogetherinpeacewithoneanotherasgood neighbors,and touniteourstrengthtomaintaininternationalpeaceandsecurity,and toensure,bytheacceptanceo fprinciplesandtheinstitutiono fmethods,that armedforc eshallnotbeused,saveinthecommo ninterest,and toemployinternationalmachineryfo rthepromotiono ftheeconomicandsocial advancemento fallpeoples, HAVERESOLVEDTOCOMBINEOUREFFORTS TOACCOMPLISHTHESEAIMS. Accordingly,ourrespectiveGovernments,throughrepresentativesassembledin thecityo fSanFrancisco,whohaveexhibitedtheirfullpowersfoundtobeingood anddueform,haveagreedtothepresentChartero ftheUnitedNationsanddo herebyestablishaninternationalorganizationtobeknownastheUnitedNations. CHAPTE RI PURPOSESANDPRINCIPLES Article1 The^Purposeso ftheUnitedNationsare: 1.Tomaintaininternationalpeaceandsecurity,andt othatend:totakeeffectiv ecollectiv emeasuresfo rthepreventionandremova lo f threatstothepeace,andfo rthesuppressiono f actso faggressionorotherbreacheso fthepeace, andtobringaboutbypeacefulmeans,andincon formitywiththeprincipleso fjusticeandinternationallaw,adjustmentorsettlemento finternationaldisputesorsituationswhichmightlead t oabreacho fthepeace; 2.Todevelopfriendlyrelationsamongnations basedonrespectfo rtheprincipleo fequalrights andself-determinationo fpeoples,andtotake otherappropriatemeasurestostrengthenuniversalpeace; 3.Toachieveinternationalcooperationin solvinginternationalproblemso faneconomic, social,cultural,orhumanitariancharacter,andin promotingandencouragingrespectfo rhuman rightsandfo rfundamentalfreedom sfo rallwithoutdistinctionastorace,sex,language,orreligion;and 4.Tobeacenterfo rharmonizingtheactions o fnationsintheattainmento fthesecommo nends. Article2 TheOrganizationanditsMembers,inpursuit o fthePurposesstatedinArticle1,shallactin accordancewiththefollowin gPrinciples. 1.TheOrganizationisbasedontheprinciple o fthesovereignequalityo fallitsMembers. 2 .AllMembers,inordertoensuretoallo f themtherightsandbenefitsresultingfro mmembership,shallfulfi lingoodfaiththeobligations assumedbytheminaccordancewiththepresent Charter. 3 .AllMembersshallsettletheirinternational disputesbypeacefulmeansinsuchamannerthat internationalpeaceandsecurity,andjustice,are notendangered. 4.AllMembersshallrefrainintheirinternationalrelationsfro mthethreatoruseo fforc e againsttheterritorialintegrityorpoliticalindependenceo fanystate,orinanyothermanner inconsistentwiththePurposeso ftheUnited Nations. 5.AllMembersshallgivetheUnitedNations everyassistanceinanyactionittakesinaccordancewiththepresentCharter,andshallrefrain fro mgivingassistancetoanystateagainstwhich theUnitedNationsi stakingpreventiveorenforcementaction. 6.TheOrganizationshallensurethatstates whicharenotMemberso ftheUnitedNationsact inaccordancewiththesePrincipless ofa rasmay benecessaryfo rthemaintenanceo finternational peaceandsecurity. 7.NothingcontainedinthepresentCharter shallauthorizetheUnitedNationstointervenei n matterswhichareessentiallywithinthedomestic jurisdictiono fanystateorshallrequiretheMemberstosubmitsuchmatterstosettlementunder thepresentCharter;butthisprincipleshallnot prejudicetheapplicationo fenforcementmeasuresunderChapterVII. CHAPTE RII MEMBERSHIP Article3 TheoriginalMemberso ftheUnitedNations shallbethestateswhich,havingparticipatedi n theUnitedNationsConferenceonInternational OrganizationatSanFrancisco,orhavingpreviouslysignedtheDeclarationbyUnitedNations o fJanuary1,1942,signthepresentCharterand ratifyitinaccordancewithArticle110.