Regulation C/REG.3/12/07 Approving the Budget of the Community Court of Justice for the 2008 Financial Year


Economic Community of West African States

Regulation C/REG.3/12/07 Approving the Budget of the Community Court of Justice for the 2008 Financial Year

The Council of Ministers,MINDFUL of Articles 10, 11 and 12 of the ECOWAS Treaty as amended, establishing the Council of Ministers and defining its composition and functions;MINDFUL of Article 15 of the ECOWAS Treaty establishing the Community Court of Justice;MINDFUL of Protocol A/P.1/7/91 defining the composition, functions, powers and organisation of the Community Court of Justice;MINDFUL of the provisions of Article 69 of the ECOWAS Treaty which relate to the budget of the Community Institutions;MINDFUL of the Financial Regulations and Manual of Accounting Procedures of the Institutions of ECOWAS amended by Regulation C/REG.2/12/95;HAVING CONSIDERED the budget of the Community Court of Justice recommended by the second meeting of the Administration and Finance Committee, held in Abuja from 26th November to 3rd December 2007;ENACTS

Article 1

The budget of the Community Court of Justice for the 2008 financial year, balanced in income and expenditure at the sum of Eight Million, Nine Hundred and Forty Nine Thousand and Fifteen Units of Account (UA 8,949,015) is hereby approved.

Article 2

1.An amount of Eight Million, Two Hundred and Nineteen Thousand, Nine Hundred and Twenty Four Units of Accounts (UA 8,219,924) shall be derived from resources obtained from the Community Levy.
2.An amount in the sum of One Hundred Thousand Units of Account (UA 100,000) shall be derived from excess funds.
3.Additional amounts in the sum of Two Hundred Thousand Units of Accounts (UA 200,000) shall be derived from arrears of contributions.
4.Additional amount of Twenty Six Thousand, Six Hundred and Seventy Seven units of account (UA 26,677) shall be derived from other sources.
5.Another amount in the sum of Four Hundred and Two Thousand, Four Hundred and Fourteen units of Accounts (UA 402,414) shall be derived from external funding.

Article 3

This Regulation shall be published in the Official Journal of the Community by the Commission within thirty (30) days of its signature by the Chairperson of the Council of Ministers. It shall also be published within the same time frame in the National Gazette of each Member State.
Done at Ouagadougo, the 15th day of December 2007H.E. Mrs. Minata Samaté CessoumoChairperson, for Council
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