Artikel XI

The Laboratory shall have legal personality. It shall in particular have the capacity to contract, to acquire and dispose of movable and immovable property and to institute legal proceedings. The State in which the Laboratory is situated shall conclude with the Laboratory a headquarters agreement, to be approved by the Council by a two-thirds majority of the votes of all the Member States, relating to the status of the Laboratory and such privileges and immunities of the Laboratory and its staff which are necessary for the fulfilment of its objectives and for the exercise of its functions.