Assembly/AU/Dec.605 (XXVII) Page 2 v) b) To establish a Committee of Ministers of Finance comprising [ten] Member States, representing the five (5) regions [two per region] to participate in the preparation of the annual budget. On the Peace Fund: i) The Peace Fund shall be endowed from the 0.2 percent levy, referred to in paragraph 6(a)(i) above, with an amount of United States Dollars Three Hundred Twenty Five (USD 325) million in 2017, rising to Four Hundred (400) million in 2020. This total amount shall be raised from equal contributions from each of the five (5) AU Regions, as defined in the relevant instruments; ii) To adopt the recommendations contained in the Report of Dr. Donald Kaberuka, the High Representative on the Peace Fund to have three (3) thematic windows, namely Mediation and Preventive Diplomacy; Institutional Capacity; and Peace Support Operations, as well as clear governance structures and independent fund management body; iii) To request the Chairperson of the Commission to implement all aspects related to the operationalization of the AU Peace Fund, in particular the legal, operational and financial rules and regulations; iv) To mandate the Commission to finalise the processes relating to decision making for mobilizing assessed contributions for the African Union peace support operations, and Human Rights and Code of Conduct Compliance Framework for Peace Support Operations; v) To request the Chairperson of the Commission to undertake consultations with the Secretary General of the United Nations, the UN General Assembly, the UN Security Council and other relevant partners, on the envisaged funding arrangements for the provision of the UN assessed contributions for AU-led peace operations, bearing in mind the funding arrangements for the Peace Fund as outlined above. 6. REQUESTS the Commission to undertake a study on the management of African mineral resources, with particular focus on optimizing revenue through harmonisation of royalties and fiscal regimes. In this regard, also build on the study in order to develop a model law that will provide guidance to Member States in reviewing their royalties and fiscal regimes; 7. REQUESTS the Commission to undertake a study on the management of natural resources in Africa, including value addition to raw minerals; 8. FURTHER REQUESTS the Chairperson of the Commission to report to the Assembly in January 2017 on progress made in the implementation of this Decision.