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Article 38 Overeenkomst tot oprichting van de Europese Bank voor Wederopbouw en Ontwikkeling

WITHDRAWAL AND SUSPENSION OF MEMBERSHIP: TEMPORARY SUSPENSION AND TERMINATION OF OPERATIONS

1 If a member fails to fulfil any of its obligations to the Bank, the Bank may suspend its membership by decision of a majority of not less than two-thirds of the Governors, representing not less than two-thirds of the total voting power of the members. The member so suspended shall automatically cease to be a member one year from the date of its suspension unless a decision is taken by not less than the same majority to restore the member to good standing.

2 While under suspension, a member shall not be entitled to exercise any rights under this Agreement, except the right of withdrawal, but shall remain subject to all its obligations.

Regeling
Overeenkomst tot oprichting van de Europese Bank voor Wederopbouw en Ontwikkeling
Afkortingen
EBRD
Soort
Verdrag
Geldend vanaf
12-09-2013
BWB-id
BWBV0002888
Versie
2013-09-12_0

In de hele regeling · Officiële tekst op wetten.overheid.nl