Artikel IX

1. The financial year of the Laboratory shall run from 1 January to 31 December.
2. The Director-General shall, not later than 1 October of each year, submit to the Council for consideration and approval a budget showing detailed estimates of the income and expenditure of the Laboratory for the following financial year.
3. The Laboratory shall be financed by:
a. the financial contributions of Member States;
b. any gifts contributed by Member States in addition to their financial contributions, unless the Council, by a two-thirds majority of Member States present and voting, decides that any such gift is inconsistent with the purposes of the Laboratory, and
c. any other resources, in particular gifts offered by private organisations or individuals, subject to their acceptance by approval of the Council given by a two-thirds majority of Member States present and voting.
4. The budget of the Laboratory shall be expressed in accounting units representing a weight of 0.88867088 grammes of fine gold.