BWBV0002598
Geldig vanaf 12-04-1988
Artikel 27
Overeenkomst tot oprichting van het Multilaterale Agentschap voor Investeringsgaranties
(a). Without prejudice to the provisions of Sections (a)(iii) of Article 10, the Agency shall allocate net income to reserves until such reserves reach five times the subscribed capital of the Agency.
(b). After the reserves of the Agency have reached the level prescribed in Section (a) above, the Council shall decide whether, and to what extent, the Agency's net income shall be allocated to reserves, be distributed to the Agency's members or be used otherwise. Any distribution of net income to the Agency's members shall be made in proportion to the share of each member in the capital of the Agency in accordance with a decision of the Council acting by special majority.
(b). After the reserves of the Agency have reached the level prescribed in Section (a) above, the Council shall decide whether, and to what extent, the Agency's net income shall be allocated to reserves, be distributed to the Agency's members or be used otherwise. Any distribution of net income to the Agency's members shall be made in proportion to the share of each member in the capital of the Agency in accordance with a decision of the Council acting by special majority.
- Citeren als
- Art. 27
- Geldig vanaf
- Status
- Geldend recht
- Identificatie
- BWBV0002598
- Officiële bron
- wetten.overheid.nl