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Article 42 Overeenkomst tot oprichting van de Aziatische Ontwikkelingsbank

Withdrawal and suspension of members, temporary suspension and termination of operations of the Bank

1 If a member fails to fulfil any of its obligations to the Bank, the Board of Governors may suspend such member by a vote of two-thirds of the total number of Governors, representing not less than three-fourths of the total voting power of the members.

2 The member so suspended shall automatically cease to be a member of the Bank one (1) year from the date of its suspension unless the Board of Governors, during that one-year period, decides by the same majority necessary for suspension to restore the member to good standing.

3 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 Aziatische Ontwikkelingsbank
Soort
Verdrag
Geldend vanaf
01-03-2026
BWB-id
BWBV0004436
Versie
2026-03-01_0

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