Artikel II

a) The Government shall contribute Hfl 30 million (thirty million guilders) to the Endowment Fund of the United Nations University. The contribution will be paid to and held in a special account in a Dutch bank located in the Netherlands. The contribution will be paid in 3 instalments as follows: Hfl 20 million guilders in 1989 Hfl 5 million guilders in January 1990 Hfl 5 million guilders in January 1991 Income derived form the investment of the contribution shall be availed of for the financing of the Institute. In the event that the Institute ceases to operate in the Netherlands the total amount of 30 million guilders shall be returned to the Government or, by mutual agreement, be retained by the University for any purpose directly related to its activities.
b) The Government, through the Ministry of Education and Science, shall make available an annual contribution of one million guilders to cover operational costs. This contribution will be indexed every year, following the normal indexing procedures for the regular subsidies to universities and other institutions of higher education and research in the Netherlands. This contribution shall commence in the year the Host Country Agreement enters into force. This contribution shall continue to be paid as long as the Host Country Agreement remains in force.
c) The Government, through the Ministry of Education and Science, also confirms the eligibility of the Institute to apply for research and research-training funds in the Netherlands that are distributed in open competition.