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Article 52 Overeenkomst tot oprichting van het Afrikaanse Ontwikkelingsfonds

Interpretation and arbitration

(1) Any question of interpretation or application of the provisions of this Agreement arising between any participant and the Fund or between any participants shall be submitted to the Board of Directors for decision. If there is no director of its nationality on that Board, a State participant particularly affected by the question under consideration shall be entitled to direct representation in such cases. Such right of representation shall be regulated by the Board of Governors.

(2) In any case where the Board of Directors has given a decision under paragraph (1), any participant may require that the question be referred to the Board of Governors, whose decision shall be final. Pending the decision of the Board of Governors, the Fund may, so far as it deems necessary, act on the basis of the decision of the Board of Directors.

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