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7. Appointment of an Exceptions Committee for the Settlers' Debt Collection Campaign



A.        In November 2005 The Board of Governors approved a three-year-long "Capitalization Campaign Program" for collection of settlers' debts to JAFI (herein: "the Campaign"). This resolution was subsequently amended in October 2007;

B.        The above Board of Governors resolution stipulated that the discount in the interest charges for debts in arrears (70%) to settlements and settlers within the Campaign, is conditional on their joining the Campaign during the first year of implementation of the Campaign, i.e. until August 2007;

C.       After the first year of the Campaign, it became apparent that various settlements and settlers did not join during that time, for different reasons, inter alia: settlers or settlements were not detected during that period; settlers had applied to JAFI and requested more preferential arrangements (for example, settlers from the confrontation line area with the Gaza Strip) and settlers who, because of their difficult financial situation could not afford to join the Campaign, but now, following the Tnuva deal, can now afford to join the Campaign but cannot because of the time limit of one year mentioned above;


Therefore be it resolved:


1.       An Exceptions Committee will be appointed by the Director of the Finance Department. This Committee is authorized to approve settlers or settlements joining the Campaign and their eligibility to receive the discount on interest charges for debts in arrears (70%) and for the capitalization on remaining payments.


2.       The Exceptions Committee may take into account public and general considerations especially upon the occurrence of the circumstances mentioned in Section C of the introduction to this Resolution.


3.       The Exceptions Committee will operate until November 2009.

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Tuesday 07 July, 2015 (c) All rights reserved to the Jewish Agency יום שלישי כ' תמוז תשע"ה