Regulation C/REG.21/12/03 Relating to the Establishment of a Peace Fund for ECOWAS

Jurisdiction
African Regional Bodies · Economic Community of West African States (ECOWAS)
Date
18 December 2003
Language
English
Type
Legislation
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Economic Community of West African States

Regulation C/REG.21/12/03 Relating to the Establishment of a Peace Fund for ECOWAS

The Council of Ministers,MINDFUL of Articles 10, 11 and 12 of the ECOWAS Treaty establishing the Council of Ministers and defining its composition and functions;MINDFUL of Article 58 of the ECOWAS Treaty which provides that Member States shall undertake to cooperate with the Community in establishing appropriate mechanisms for the timely prevention and resolution of intra-state and inter-state conflicts;MINDFUL of the Protocol on the Mechanism relating to Conflict Prevention, Management, Resolution, Peacekeeping and Security of 10 December 1999 providing the legal framework for ECOWAS operations in the area of peace and security;CONSIDERING the enormous resources required by the Community in order to implement the activities prescribed within the Protocol, in particular, the deployment of ECOWAS Peace missions in identified conflict areas;MINDFUL of Article 36 of the aforementioned Protocol that requires the Executive Secretariat to make provision in its annual budget for financing the activities of the Mechanism and prescribing also the allocation of a percentage of the ECOWAS Community Levy for these activities;AWARE of the ad hoc approaches often adopted by the ECOWAS Authority and the Executive Secretariat in an attempt to mobilize resources from within and outside the sub-region to support ECOWAS peacekeeping initiatives and missions in countries in the sub-region;RECOGNISING that this ad hoc approach for the obtainance of funds is inimical to the development of a strategic and long term plan for ECOWAS activities in the area of peace and security;MINDFUL of the recommendations of the meeting of the Ministers of Foreign Affairs held in Dakar from 28 - 30 January 2003 for the activation of the Fund provided for under the terms of Article 36;DESIRING to put in place the necessary financial framework that will assure the efficient operationalisation of all ECOWAS peace and security initiatives;ON THE RECOMMENDATION of the thirtieth meeting of the Administration and Finance Commission held in Accra from 8th to 15th December 2003;ENACTS

Article 1

The Peace Fund provided for under Article 36 of the Protocol on the Mechanism relating to Conflict Prevention, Management, Resolution, Peacekeeping and Security of 10th December 1999 is hereby established.

Article 2

i.The Executive Secretary is responsible for the management of the Peace Fund.
ii.The Executive Secretary and the Financial Controller shall ensure that the management of the Peace Fund conforms with all ECOWAS financial regulatory provisions. They shall ensure that the principles of transparency and probity are observed in the management system of the Fund.

Article 3

Contributions to the Peace Fund shall be made up of a percentage of the Community Levy and contributions obtained from ECOWAS development partners and the Donor Community.

Article 4

This Regulation shall be published by the Executive Secretariat in the Official Journal of the Community within thirty (30) days of its signature by the Chairman of the Council. It shall also be published in the National Gazette of each Member State within the aforementioned time-frame.
Done at Accra, this 18th day of December 2003Hon. (Dr) Kofi Konadu AprakuChairman for the Council
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