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Article Comparison - Agreement on the Conservation of Small Cetaceans of the Baltic, North East Atlantic, Irish and North Seas

7. Financing

7.1. The Parties agree to share the cost of the budget, with Regional Economic Integration Organizations contributing 2.5 per cent of the administrative costs and other Parties sharing the balance in accordance with the United Nations scale, but with a maximum of 25 per cent per Party.

7.2. The share of each Party in the cost of the Secretariat and any additional sum agreed for covering other common expenses shall be paid to the Government or international organization hosting the Secretariat, as soon as practicable after the end of March and in no case later than before the end of June each year.

7.3. The Secretariat shall prepare and keep financial accounts by calendar years.