BWBV0004742
Artikel 31
Verdrag tot oprichting van de Bank voor Economische Samenwerking en Ontwikkeling in het Midden-Oosten en Noord-Afrika
a). The voting power of each member shall be equal to the number of its subscribed shares in the capital stock of the Bank. If a member fails to pay any part of the amount due in respect of the paid-in portion of shares to which it has subscribed under Article 5 of this Agreement, such member shall be unable, for so long as such failure continues, to exercise that percentage of its voting power which equals the percentage which the amount due but unpaid bears to the total amount of the paid-in portion of shares subscribed to by that member in the capital stock of the Bank.
b). In voting in the Board of Governors, each Governor shall be entitled to cast the votes of the member he or she represents. Except as otherwise expressly provided in this Agreement, all matters before the Board of Governors shall be decided by a majority of the voting power of the members voting.
c). In voting in the Board of Directors, each Director shall be entitled to cast the number of votes to which the Governors who have elected him or her are entitled. A Director representing more than one member of the Bank may cast separately the votes of the members he or she represents. Except as otherwise expressly provided in this Agreement, all matters before the Board of Directors shall be decided by a majority of the voting power of the Directors voting.
b). In voting in the Board of Governors, each Governor shall be entitled to cast the votes of the member he or she represents. Except as otherwise expressly provided in this Agreement, all matters before the Board of Governors shall be decided by a majority of the voting power of the members voting.
c). In voting in the Board of Directors, each Director shall be entitled to cast the number of votes to which the Governors who have elected him or her are entitled. A Director representing more than one member of the Bank may cast separately the votes of the members he or she represents. Except as otherwise expressly provided in this Agreement, all matters before the Board of Directors shall be decided by a majority of the voting power of the Directors voting.
- Citeren als
- Art. 31
- Status
- Geldend recht
- Identificatie
- BWBV0004742
- Officiële bron
- wetten.overheid.nl