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Article 134 Constitutie van de Postunie van de Staten van het Amerikaanse Werelddeel, Spanje en Portugal

UNION FINANCES

1 Any member countries or territories that are in debt to the Union for:

a) non-payment for two fiscal years, or

b) failure to meet the dates of an agreed payment plan,

and also fail to take one of the following actions:

a) pay off the debt by paying it in full or by irrevocably assigning to the Union all or part of its claims against other member countries or territories, or

b) accept a debt recovery plan proposed by the General Secretariat,

shall be subject to the application of the automatic penalty system.

2 Under the preceding paragraph, this member country or territory shall automatically lose:

a) its right to vote in the Congress, the Council or the Management Committee. However, it may participate in the debates;

b) the ability to nominate candidates for elected positions in the General Secretariat;

c) the possibility of using the Pro Rata Fund and the Availability Fund;

d) its right to accumulate any balance in the Pro Rata Fund during the years in question;

e) its right to the reimbursement of fares and travel expenses for attending the UPU Council or Congresses.

3 During the opening sessions of the Congress and Council, the General Secretariat shall report whether the automatic penalty system is being applied to any member of the Union.

4 The automatic penalties shall be lifted automatically, effective immediately, as soon as the member country or territory pays all of its mandatory contributions owed to the Union or signs a debt recovery plan and pays the first instalment.

Regeling
Constitutie van de Postunie van de Staten van het Amerikaanse Werelddeel, Spanje en Portugal
Soort
Verdrag
Geldend vanaf
01-01-2014
BWB-id
BWBV0006309
Versie
2014-01-01_0

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