Artikel VI

1. Operating costs of the Secretariat and Assembly, and all costs related to support functions and cross-cutting activities, form the budget of the ISA. They are covered by:
a) Voluntary contributions by its Members, UN & its agencies and other countries;
b) Voluntary contributions from private sector. In case of a possible conflict of interest, the Secretariat refers the matter to the Assembly for approval of the acceptance of the contribution;
c) Revenue to be generated from specific activities approved by the Assembly.
2. The Secretariat will make proposals before the Assembly to establish and enhance a Corpus Fund which will generate revenues for the budget of the ISA, with initial dotation of US $16 million.
3. Government of India will contribute US $ 27 million to the ISA for creating corpus, building infrastructure and recurring expenditure over 5 year duration from 2016-17 to 2020-21. In addition, public sector undertakings of the Government of India namely Solar Energy Corporation of India (SECI) and Indian Renewable Energy Development Agency (IREDA) have made a contribution of US $ 1 million each for creating the ISA corpus fund.
4. Financial resources required for the implementation of a Programme, other than administrative costs falling under the general budget are assessed and mobilized by countries participating in this Programme, with the support and assistance of the Secretariat.
5. The finance and administration activities of the ISA other than Programmes may be outsourced to another organization, in accordance with a separate agreement to be approved by the Assembly.
6. The Secretariat with the approval of the Assembly may appoint an external auditor to examine the accounts of the ISA.