Established in 1945 under the Charter of the United Nations, the General Assembly occupies a central position as the chief deliberative, policymaking and representative organ of the United Nations. Comprising all 192 Members of the United Nations, it provides a unique forum for multilateral discussion of the full spectrum of international issues covered by the Charter.
It also plays a significant role in the process of standard-setting and the codification of international law. The Assembly meets in regular session intensively from September to December each year, and thereafter as required.
The Fifth Committee is the Committee of the General Assembly with responsibilities for administration and budgetary matters. Based on the reports of the Fifth Committee, the General Assembly considers and approves the budget of the Organization in accordance with Chapter IV, Article 17 of the Charter of the United Nations. This function was reaffirmed by the General Assembly in its resolution 45/248 B, Sect. VI .
The Assembly also considers and approves financial and budgetary arrangements with specialized agencies and makes recommendations to the agencies concerned.
The Committee meets during the main part of the General Assembly session (September to December). Because of its heavy work load it also meets during a resumed session in March. The Committee also holds a second resumed session in May to deal with administrative and budgetary aspects of UN Peacekeeping. This practice is in accordance with General Assembly resolution 49/233 A of 23 December 1994.
The Fifth Committee may also consider urgent matters relating to the financing of a peacekeeping mission authorized by the Security Council at any of its sessions.
The Advisory Committee on Administrative and Budgetary Questions (ACABQ), a subsidiary organ of the General Assembly, consists of 16 members appointed by the Assembly in their individual capacity. The functions and responsibilities of the Advisory Committee, as well as its composition, are governed by the provisions of Assembly resolutions 14 (I) of 13 February 1946 and 32/103 of 14 December 1977 and rules 155 to 157 of the rules of procedure of the Assembly. The major functions of the Advisory Committee are: