General Information - Registry
Finances

Expenses By virtue of article 19, paragraph 1, of the Statute, the expenses of the Tribunal are borne by the States Parties and by the International Seabed Authority on such terms and in such a manner as shall be decided at Meetings of the States Parties. Financial Regulations and Rules The Financial Regulations of the Tribunal were adopted by the thirteenth Meeting of States Parties on 12 June 2003 and became effective on 1 January 2004. The draft Financial Rules of the Tribunal were submitted to the fourteenth Meeting of States Parties pursuant to regulation 10.1(a), of the Financial Regulations of the Tribunal. The Meeting took note of the Financial Rules on 15 June 2004. In accordance with rule 114.1, the Financial Rules of the Tribunal became effective on 1 January 2005. Audit The accounts of the Tribunal are audited after the end of each financial period, which corresponds to two calendar years. The audit reports are made available to the Meeting of States Parties. Trust Fund The General Assembly of the United Nations approved on 30 October 2000 the establishment of a voluntary trust fund to assist States in the settlement of disputes through the International Tribunal for the Law of the Sea (Resolution 55/7 on "Oceans and the law of the sea"). The fund has been established and is operational.