OFFICIAL
DOCUMENTS
Instrument of Withdrawal from the Nepal Public Financial Management Support
Multi-Donor Trust Fund (Trust Fund No. TFO 71617)
Donor Reference No. DCI-ASIE/2014/337-636
1.    Reference is made to the Administration Agreement between the European Union,
represented by the Commission of the European Communities (the "Donor") and the
International Development Association (the "Bank" and together with the Donor, the
"Parties") concerning the Multi-Donor Trust Fund for the Nepal Public Financial
Management Support (Trust Fund No. 071617) (the "Trust Fund's Original Account")
effective as of June 6, 2014, as amended (the "Administration Agreement").
2.    Reference is also made to the communications between the Bank and the Donor
regarding the Donor's desire to withdraw from the Trust Fund's Original Account.
Accordingly, the Donor and the Bank agree to the following:
(a)   In accordance with paragraph 9.3 of Annex III of the Administration
Agreement, the Donor's pro rata share of any uncommitted balance of the
Trust Fund's Original Account is cancelled effective January 31, 2022
("Cancellation Date"). For clarity, the Donor's pro rata share is a proportion
of the Donor's cumulative paid in contributions compared to the total paid
in contributions from all donors to the Trust Fund's Original Account (in
the holding currency of the Trust Fund's Original Account) as of the
Cancellation Date.
(b)   Following the Cancellation Date, the Bank shall notify the Donor of the
amount of its pro rata share of any remaining balance of the Trust Fund's
Original Account. The Donor hereby instructs the Bank to transfer any such
pro rata share to the Donor's Balance Account.
(c)   In the event funds are refunded to the Trust Fund's Original Account after
the Cancellation Date as a result of ineligible expenditures, as determined
by the Bank in accordance with its policies and procedures, that were
incurred prior to the Cancellation Date, the Donor hereby instructs the Bank
to transfer the Donor's pro rata share to the Donor's Balance Account.
(d)   Except as provided in paragraphs (a) through (c) above, as of the
Cancellation Date the Donor shall have no further rights with respect to the
Trust Fund's Original Account, and the Bank shall have no further
obligations to the Donor under the Administration Agreement.
3.    The Bank shall disclose this Instrument of Withdrawal (the "Instrument") and
related information on this Trust Fund in accordance with the World Bank Policy on
Access to Information. The Donor hereby consents to the disclosure of this Instrument and
related information on this Trust Fund.
4.    Each of the Parties represents, by confirming its agreement below, that it is
authorized to enter into this Instrument and act in accordance with these terms and
conditions. The Parties are requested to sign and date this Instrument, and upon possession


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by the Bank of this fully signed Instrument, this Instrument shall become effective as of
the date of the last signature.
INTERNATIONAL DEVELOPMENT ASSOCIATION
By:
Name:    &     -.~1Z         i,
Title:  ~~~~    '~rA        t,~)-V~    /p]e4~
Date:  2tc1~2
EUROPEAN UNION,
represented by the Commission of the European Communities
By:
Name.: fOV\cXe
Title:   NCL     & O
Date: