BWBV0004742
Artikel 52
Verdrag tot oprichting van de Bank voor Economische Samenwerking en Ontwikkeling in het Midden-Oosten en Noord-Afrika
a). Pre-emptive right means a reasonable opportunity for a member to subscribe, under such uniform terms and conditions as the Board of Governors shall determine, to a proportion of the increase in stock equivalent to the proportion which its stock subscribed bears to the total subscribed capital stock immediately prior to such increase.
b). Special majority means an affirmative vote by eighty percent of the total voting power.
c). Ordinary resources of the Bank shall include:
(i) authorized capital stock of the Bank, including both the paid-in and callable portions of shares;
(ii) funds raised by borrowings of the Bank by virtue of powers conferred by paragraph a) of Article 19 of this Agreement;
(iii) funds received in repayment of loans or guarantees, and proceeds from the disposal of equity investments, made with or based on the resources indicated in sub-paragraphs (i) and (ii) of this paragraph;
(iv) income derived from loans and equity investments, and income from guarantees, made from or based on the resources indicated in sub-paragraphs (i), (ii) and (iii) of this paragraph; and
(v) any other funds or income received by the Bank which do not form part of its Special Funds resources referred to in paragraph d) of this Article.
d). Special Funds resources shall refer to the resources of any Special Fund and shall include:
(i) funds accepted by the Bank for inclusion in any Special Fund;
(ii) funds repaid in respect of loans or guarantees, and the proceeds of equity investments, financed from the resources of any Special Fund which, under the agreement governing that Special Fund, are received by such Special Fund; and
(iii) income derived from investment of Special Funds resources, or from the operations of any Special Fund.
b). Special majority means an affirmative vote by eighty percent of the total voting power.
c). Ordinary resources of the Bank shall include:
(i) authorized capital stock of the Bank, including both the paid-in and callable portions of shares;
(ii) funds raised by borrowings of the Bank by virtue of powers conferred by paragraph a) of Article 19 of this Agreement;
(iii) funds received in repayment of loans or guarantees, and proceeds from the disposal of equity investments, made with or based on the resources indicated in sub-paragraphs (i) and (ii) of this paragraph;
(iv) income derived from loans and equity investments, and income from guarantees, made from or based on the resources indicated in sub-paragraphs (i), (ii) and (iii) of this paragraph; and
(v) any other funds or income received by the Bank which do not form part of its Special Funds resources referred to in paragraph d) of this Article.
d). Special Funds resources shall refer to the resources of any Special Fund and shall include:
(i) funds accepted by the Bank for inclusion in any Special Fund;
(ii) funds repaid in respect of loans or guarantees, and the proceeds of equity investments, financed from the resources of any Special Fund which, under the agreement governing that Special Fund, are received by such Special Fund; and
(iii) income derived from investment of Special Funds resources, or from the operations of any Special Fund.
- Citeren als
- Art. 52
- Status
- Geldend recht
- Identificatie
- BWBV0004742
- Officiële bron
- wetten.overheid.nl