; (3) ensuring distribution of those assets or the proceeds of those assets based on determinations under that mechanism; and (4) taking such other actions as may be necessary to carry out this section. (b) Authorization for deposit in the Ukraine Compensation Fund Upon the President reaching an agreement or arrangement to establish a common international mechanism pursuant to subsection (a) or at any time thereafter, the Secretary of State may, pursuant to the authority conferred by and subject to the limitations described in section 104(f) and subject to the limitations described in subsection (e), transfer funds from the Ukraine Support Fund established under section 104(d) to a fund or mechanism established consistent with subsection (a). (c) Notification The President shall notify the appropriate congressional committees not later than 30 days after entering into any new bilateral or multilateral agreement or arrangement under subsection (a). (d) Good governance The Secretary of State, in consultation with the Secretary of the Treasury, shall— (1) seek to ensure that any fund or mechanism established consistent with subsection (a) operates in accordance with established international accounting principles; (2) seek to ensure that any fund or mechanism established consistent with subsection (a) is— (A) staffed, operated, and administered in accordance with established accounting rules and governance procedures, including providing for payment of reasonable expenses from the fund for the governance and operation of the fund and the tribunal; (B) operated transparently as to all funds transfers, filings, and decisions; and (C) audited on a regular basis by an independent auditor, in accordance with internationally accepted accounting and auditing standards; (3) seek to ensure that any audits of any fund or mechanism established consistent with subsection (a) shall be made available to the public