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Article 23 Verdrag betreffende de Aziatische Infrastructuurinvesteringsbank

GOVERNANCE

1 All the powers of the Bank shall be vested in the Board of Governors.

2 The Board of Governors may delegate to the Board of Directors any or all its powers, except the power to:

(i) admit new members and determine the conditions of their admission;

(ii) increase or decrease the authorized capital stock of the Bank;

(iii) suspend a member;

(iv) decide appeals from interpretations or applications of this Agreement given by the Board of Directors;

(v) elect the Directors of the Bank and determine the expenses to be paid for Directors and Alternate Directors and remuneration, if any, pursuant to paragraph 6 of Article 25;

(vi) elect the President, suspend or remove him from office, and determine his remuneration and other conditions of service;

(vii) approve, after reviewing the auditors’ report, the general balance sheet and the statement of profit and loss of the Bank;

(viii) determine the reserves and the allocation and distribution of the net profits of the Bank;

(ix) amend this Agreement;

(x) decide to terminate the operations of the Bank and to distribute its assets; and

(xi) exercise such other powers as are expressly assigned to the Board of Governors in this Agreement.

3 The Board of Governors shall retain full power to exercise authority over any matter delegated to the Board of Directors under paragraph 2 of this Article.

Regeling
Verdrag betreffende de Aziatische Infrastructuurinvesteringsbank
Soort
Verdrag
Geldend vanaf
25-12-2015
BWB-id
BWBV0006531
Versie
2015-12-25_0

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