Following the discussion the Board decided to:

(a) Consider an amendment to paragraph 34 of the Board‟s Operational Policies and Guidelines by adding the following sentence at the end of that paragraph: “An applicant Multilateral Implementing Entity that does not meet the criteria for accreditation may also resubmit its application after addressing the requirements of the Board.”; and

(b) To take up consideration of the Operational Polices and Guidelines once they had been reviewed by the PPRC and the PPRC had made a recommendation to the Board on the amendments that were required.