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Article 49 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) The Board of Governors shall undertake a fundamental review of the operations of the Bank in the tenth year following the inaugural meeting.

b) Following that review or at other times, the Board of Governors, by special majority, may terminate the operations of the Bank.

c) The Board of Governors, by special majority, may sell all or substantially all the assets of the Bank, including the Bank’s portfolio of loans, provided that, prior to the sale, arrangements are in place to discharge or provide for all liabilities to creditors and holders of guarantees.

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