Board Decisions

GF/B04/DP30

Approved by the Board on: 31 January 2003

Decision Deferred to the Fifth Board Meeting: Report on the Legal Status Options for the Global Fund

1. Request the Secretariat to pursue a legal status with the Swiss authorities that provides for the Global Fund with those privileges and immunities that are necessary for it to effectively fulfil its mandate. This status and its associated practical arrangements should ensure that the Global Fund's administration is efficient and no more costly than the current arrangements.

2. The Secretariat is asked to present to the Fifth Meeting of the Board, precise recommendations for change of status with all associated information.