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Article 38 Overeenkomst tot oprichting van het Afrikaanse Ontwikkelingsfonds

Withdrawal; suspension of participation; termination of operations

(1) If a participant fails to fulfil any of its obligations to the Fund, the Fund may suspend its participation by decision of the Board of Governors. The participant so suspended shall automatically cease to be a participant one year from the date of its suspension unless a decision is taken by the Board of Governors to restore the participant to good standing.

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

Regeling
Overeenkomst tot oprichting van het Afrikaanse Ontwikkelingsfonds
Soort
Verdrag
Geldend vanaf
04-07-2003
BWB-id
BWBV0003816
Versie
2003-07-04_0

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