BWBV0003816
Geldig vanaf 30-06-1973
Artikel 7
Overeenkomst tot oprichting van het Afrikaanse Ontwikkelingsfonds
(1). The Fund shall at such time as it deems appropriate in the light of the schedule of payments of the initial subscriptions of original participants and of its own operations, and at appropriate intervals thereafter, review the adequacy of its resources and, if it deems it desirable, may authorize a general increase in the subscriptions of State participants on such terms and conditions as the Fund shall determine. Notwithstanding the foregoing, the Fund may authorize general or individual increases in such subscriptions at any time, provided that an individual increase shall be considered only at the request of the State participant involved.
(2). When any additional individual subscription is authorized pursuant to paragraph (1), each State participant shall be given an opportunity to subscribe, under no less favourable conditions, reasonably determined by the Fund, than those prescribed under paragraph (1), an amount which will enable it to maintain its relative voting power as among State participants.
(3). No State participant shall be obliged to subscribe additional amounts in the case of general or individual increases in subscriptions.
(4). All authorizations for, and determinations in respect of, general increases under paragraph (1) shall be by an eighty-five per cent majority of the total voting power of the participants.
(2). When any additional individual subscription is authorized pursuant to paragraph (1), each State participant shall be given an opportunity to subscribe, under no less favourable conditions, reasonably determined by the Fund, than those prescribed under paragraph (1), an amount which will enable it to maintain its relative voting power as among State participants.
(3). No State participant shall be obliged to subscribe additional amounts in the case of general or individual increases in subscriptions.
(4). All authorizations for, and determinations in respect of, general increases under paragraph (1) shall be by an eighty-five per cent majority of the total voting power of the participants.
- Citeren als
- Art. 7
- Geldig vanaf
- Status
- Geldend recht
- Identificatie
- BWBV0003816
- Officiële bron
- wetten.overheid.nl