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Article 8 Overeenkomst tot instelling van het Gemeenschappelijk Fonds voor Grondstoffen

CAPITAL AND OTHER RESOURCES

1 The capital of the Fund (referred to herein as Capital) shall be divided into 37,000 Shares to be issued by the Fund, having a par value of 7,566.47145 Units of Account each and a total value of 279,959,444 Units of Account.

2 Shares of Capital shall be available for subscription only by Members in accordance with the provisions of article 9.

3 The Shares of Capital:

a) Shall, if necessary, be increased by the Governing Council upon the accession of any State under article 56;

b) May be increased by the Governing Council in accordance with article 11.

4 If the Governing Council makes available for subscription unsubscribed Shares of Capital pursuant to article 11, paragraph 2, or increases the Shares of Capital pursuant to paragraph 3 (b) of this article, each Member shall have the right, but shall not be required, to subscribe such Shares.

Regeling
Overeenkomst tot instelling van het Gemeenschappelijk Fonds voor Grondstoffen
Soort
Verdrag
Geldend vanaf
10-01-2016
BWB-id
BWBV0003602
Versie
2016-01-10_0

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