BWBV0003602
Geldig vanaf 10-01-2016
Artikel 7
Overeenkomst tot instelling van het Gemeenschappelijk Fonds voor Grondstoffen
1. The Unit of Account of the Fund shall be as defined in schedule F.
2. The Fund shall hold, and conduct its financial transactions in Usable Currencies. No Member shall maintain or impose restrictions on the holding, use or exchange by the Fund of Usable Currencies deriving from:
a) Payment of subscriptions of Shares of Capital;
b) Payment of voluntary contributions;
c) Borrowing;
d) Payment on account of principal, income, interest or other charges in respect of loans or investments made out of any of the funds referred to in this paragraph.
3. The Executive Board shall determine the method of valuation of Usable Currencies, in terms of the Unit of Account, in accordance with prevailing international monetary practice.
2. The Fund shall hold, and conduct its financial transactions in Usable Currencies. No Member shall maintain or impose restrictions on the holding, use or exchange by the Fund of Usable Currencies deriving from:
a) Payment of subscriptions of Shares of Capital;
b) Payment of voluntary contributions;
c) Borrowing;
d) Payment on account of principal, income, interest or other charges in respect of loans or investments made out of any of the funds referred to in this paragraph.
3. The Executive Board shall determine the method of valuation of Usable Currencies, in terms of the Unit of Account, in accordance with prevailing international monetary practice.
- Citeren als
- Art. 7
- Geldig vanaf
- Status
- Geldend recht
- Identificatie
- BWBV0003602
- Officiële bron
- wetten.overheid.nl