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Article 6 Overeenkomst inzake een Internationaal Energieprogramma

Allocation

1 Each Participating Country shall take the necessary measures in order that allocation of oil will be carried out pursuant to this Chapter and Chapter IV.

2 The Standing Group on Emergency Questions shall, on a continuing basis, review and assess:

- each Participating Country's measures in order that allocation of oil will be carried out pursuant to this Chapter and Chapter IV,

- the effectiveness of measures actually taken by each Participating Country.

3 The Standing Group on Emergency Questions shall report to the Management Committee, which shall make proposals, as appropriate, to the Governing Board. The Governing Board may, acting by majority, adopt recommendations to Participating Countries.

4 The Governing Board shall, acting by majority, decide promptly on the practical procedures for the allocation of oil and on the procedures and modalities for the participation of oil companies therein within the framework of this Agreement.

Regeling
Overeenkomst inzake een Internationaal Energieprogramma
Soort
Verdrag
Geldend vanaf
20-02-2022
BWB-id
BWBV0003749
Versie
2022-02-20_0

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