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Article 47 Verdrag tot oprichting van de Bank voor Economische Samenwerking en Ontwikkeling in het Midden-Oosten en Noord-Afrika

WITHDRAWAL, SUSPENSION OF MEMBERSHIP AND CESSATION OF OPERATIONS

a) If a member fails to fulfil any of its obligations under this Agreement, the Board of Governors, by special majority, may suspend its membership.

b) While under suspension, a member shall have no rights under this Agreement, except for the right of withdrawal and other rights provided in this Chapter and Chapter IX of this Agreement, but shall remain subject to all its obligations.

c) The suspended member shall automatically cease to be a member one year from the date of its suspension unless the Board of Governors decides to extend the period of suspension or to restore the member to good standing.

Regeling
Verdrag tot oprichting van de Bank voor Economische Samenwerking en Ontwikkeling in het Midden-Oosten en Noord-Afrika
Soort
Verdrag
Geldend vanaf
28-08-1996
BWB-id
BWBV0004742
Versie
1996-08-28_0

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