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Financial Regulation 16.0 2: Under such limits prescribed by the Executive Board and within the limits of resources allocated for UNDP programme activities, the Administrator is authorized to approve UNDP programme activities at the country, regional and global levels.
Financial Rule 116.02: The authority to approve programme activities is delegated along with the requirement to establish necessary instructions and operational procedures:
2016 - Reviewed with minor editorial changes made. Some clarification made by noting "depreciation will be charged in full during the month when asset become available for use", rather than "during the month of purchase"