BWBV0005105
Geldig vanaf 08-08-1978
Artikel VII
Statuut van het Vestigingsfonds van de Raad van Europa
Section 1. - Temporary Investments
Pending its first use of the funds subscribed by a State, the Fund may invest in Treasury Bills or other securities issued and guaranteed by that State.
In making investments the Administrative Council shall take expert advice.
Section 2. - Accumulation and investment of Surplus
The Fund's surplus resulting from an excess of receipts on account of interest and commissions, or any part thereof, may be accumulated and invested in a manner to be determined by the Administrative Council.
Pending its first use of the funds subscribed by a State, the Fund may invest in Treasury Bills or other securities issued and guaranteed by that State.
In making investments the Administrative Council shall take expert advice.
Section 2. - Accumulation and investment of Surplus
The Fund's surplus resulting from an excess of receipts on account of interest and commissions, or any part thereof, may be accumulated and invested in a manner to be determined by the Administrative Council.
- Citeren als
- Art. VII
- Geldig vanaf
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- Geldend recht
- Identificatie
- BWBV0005105
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- wetten.overheid.nl