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Article 14 Overeenkomst tot oprichting van de Afrikaanse Ontwikkelingsbank, gedaan te Khartoem op 4 augustus 1963, zoals gewijzigd bij Resolutie 05-79 aangenomen door de Raad van Bestuur op 17 mei 1979

OPERATIONS

1 In its operations, the Bank may provide or facilitate financing for any regional member, political subdivision or any agency thereof or for any institution or undertaking in the territory of any regional member as well as for international or regional agencies or institutions concerned with the development of Africa. Subject to the provisions of this chapter, the Bank may carry out its operations in any of the following ways:

a. By making or participating in direct loans out of:

i. Funds corresponding to its unimpaired subscribed paid-up capital and to its reserves and undistributed surplus; or out of

ii. Funds corresponding to special resources; or

b. By making or participating in direct loans out of funds borrowed or otherwise acquired by the Bank for inclusion in its ordinary capital resources or in special resources; or

c. By investment of funds referred to in sub-paragraph (a) or (b) of this paragraph in the equity capital of an undertaking or institution for the benefit of one or more regional members; or

d. By guaranteeing, in whole or in part, loans made by others.

The provisions of this Agreement applying to direct loans which the Bank may make pursuant to sub-paragraph a. or b. of the preceding paragraph shall also apply to its participation in any direct loan undertaken pursuant to any of those sub-paragraphs. Equally, the provisions of this Agreement applying to guarantees of loans undertaken by the Bank pursuant to sub-paragraph d. of the preceding paragraph shall apply where the Bank guarantees part of such a loan only.

Regeling
Overeenkomst tot oprichting van de Afrikaanse Ontwikkelingsbank, gedaan te Khartoem op 4 augustus 1963, zoals gewijzigd bij Resolutie 05-79 aangenomen door de Raad van Bestuur op 17 mei 1979
Soort
Verdrag
Geldend vanaf
05-07-2002
BWB-id
BWBV0004446
Versie
2002-07-05_0

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