The Regulations of the Augusta Fund provide for the distribution of income from the Fund every fourth year on the occasion of the International Red Cross Conferences. As these Conferences do not take place at regular intervals, the International Committee of the Red Cross has informed the National Societies, in its Circular No. 429 of March 30, 1960, that such income would henceforth be distributed every fourth year, irrespective of the date on which the Conferences are held.