A/RES/50/204 Page 5 Deeply concerned by the delays encountered in liquidating the Transitional Authority, Bearing in mind that a number of peace-keeping operations are expected to be scaled down and liquidated during the next twelve months, Taking note of the observation of the Board of Auditors in its report 12/ that there is at present no policy on the valuation and transfer of costs of assets between missions, Noting the absence of standard procedures for the transfer and acknowledgement of assets between missions and United Nations entities, Noting also that the Board of Auditors has recommended the establishment of appropriate policies and procedures for the valuation, transfer and disposal of assets of missions for consistent application in peace-keeping operations, 1. Notes with regret that the Secretary-General has not yet completed the feasibility study on procedures for the valuation and transfer of costs of assets redeployed from a peace-keeping operation in liquidation to other operations or United Nations bodies, as requested by the General Assembly in its resolution 49/233 A of 23 December 1994; 2. Requests the Secretary-General to proceed with all urgency to complete the study mentioned in paragraph 1 above and submit it to the General Assembly at the earliest opportunity during the first part of its resumed fiftieth session; 3. Takes note with concern of the findings of the Board of Auditors on the audit of the United Nations Transitional Authority in Cambodia and the need for an additional review as a consequence of the many unresolved administrative and financial issues involved and the incomplete nature of the liquidation documentation available to the Board; 4. Requests the Secretary-General to study the most expeditious and cost-effective ways of liquidating peace-keeping operations, and to report thereon to the General Assembly at its resumed fiftieth session; 5. Also requests the Secretary-General to take immediate action to implement the recommendations of the Board of Auditors, keeping the Board fully informed regarding the measures being taken, and requests the Board to report thereon to the General Assembly at its fifty-first session; 6. Regrets the absence of a report on measures taken or proposed to be taken by the Secretariat in response to the recommendations contained in the report of the Board of Auditors; 12/ 7. Further requests the Secretary-General to submit such a report to the General Assembly, through the Advisory Committee on Administrative and Budgetary Questions, before the beginning of the first part of its resumed fiftieth session, containing, inter alia, proposals for establishing: (a) An appropriate policy for the physical verification of all assets and liabilities of a mission in liquidation before its assets are disposed of and its liabilities discharged; (b) Standard procedures for the transfer of assets and the acknowledgement of assets transferred to other missions and other United Nations entities; /...