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Programme and Operations Policies and Procedures

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POPP>Financial Resources Management>Financial Closure of Development Projects and Trust Funds>No Refunds
No Refunds
1.0 Relevant Regulations and Rules
UNDP Financial Regulations and Rules (2012)
Financial Rule 118.08 a - c
Regulation 21.02
2.0 Policies
Main Policy
Transfers where Unexpected Balances are Not Refunded
Language English | Español | Français
Page Properties
Key Words
Focal Point
George Kyriacou
Effective Date
Planned Review Date
Summary of Changes/Comments
Reviewed Q1 2016. Residual balances of less than equal $ 250 “per MPTF project” are not required to be refunded to MPTFO and hence can be transferred to other project or fund.