Agreement establishing the European Bank for Reconstruction and Development -... (21990A1231(01))
Agreement establishing the European Bank for Reconstruction and Development - EBRD
- AGREEMENT
- establishing the European Bank for reconstruction and development
- CHAPTER I
- PURPOSE, FUNCTIONS AND MEMBERSHIP
- Article 1
- Purpose
- Article 2
- Functions
- Article 3
- Membership
- CHAPTER II
- CAPITAL
- Article 4
- Authorized capital stock
- Article 5
- Subscription of shares
- Article 6
- Payment of subscriptions
- Article 7
- Ordinary capital resources
- CHAPTER III
- OPERATIONS
- Article 8
- Recipient countries and use of resources
- Article 9
- Ordinary and special operations
- Article 10
- Separation of operations
- Article 11
- Methods of operation
- Article 12
- Limitations on ordinary operations
- Article 13
- Operating principles
- Article 14
- Terms and conditions for loans and guarantees
- Article 15
- Commission and fees
- Article 16
- Special reserve
- Article 17
- Methods of meeting the losses of the bank
- Article 18
- Special Funds
- Article 19
- Special Funds resources
- CHAPTER IV
- BORROWING AND OTHER MISCELLANEOUS POWERS
- Article 20
- General powers
- CHAPTER V
- CURRENCIES
- Article 21
- Determination and use of currencies
- CHAPTER VI
- ORGANIZATION AND MANAGEMENT
- Article 22
- Structure
- Article 23
- Board of Governors: composition
- Article 24
- Board of Governors: powers
- Article 25
- Board of Governors: procedure
- Article 26
- Board of Directors:composition
- Article 27
- Board of Directors: powers
- Article 28
- Board of Directors: procedure
- Article 29
- Voting
- Article 30
- The President
- Article 31
- Vice-President(s)
- Article 32
- International character of the Bank
- Article 33
- Location of offices
- Article 34
- Depositories and channels of communication
- Article 35
- Publication of reports and provision of information
- Article 36
- Allocation and distribution of net income
- CHAPTER VII
- WITHDRAWAL AND SUSPENSION OF MEMBERSHIP, TEMPORARY SUSPENSION AND TERMINATION OF OPERATIONS
- Article 37
- Right of members to withdraw
- Article 38
- Suspension of membership
- Article 39
- Settlement of accounts with former members
- Article 40
- Temporary suspension of operations
- Article 41
- Termination of operations
- Article 42
- Liability of members and payment of claims
- Article 43
- Distribution of assets
- CHAPTER VIII
- STATUS, IMMUNITIES, PRIVILEGES AND EXEMPTIONS
- Article 44
- Purposes of chapter
- Article 45
- Status of the Bank
- Article 46
- Position of the Bank with regard to judicial process
- Article 47
- Immunity of assets from seizure
- Article 48
- Immunity of archives
- Article 49
- Freedom of assets from restrictions
- Article 50
- Privilege for communications
- Article 51
- Immunities of officers and employees
- Article 52
- Privileges of officers and employees
- Article 53
- Exemption from taxation
- Article 54
- Implementation of chapter
- Article 55
- Waiver of immunities, privileges and exemptions
- CAHPTER IX
- AMENDMENTS, INTERPRETATION, ARBITRATION
- Article 56
- Amendments
- Article 57
- Interpretation and application
- Article 58
- Arbitration
- Article 59
- Approval deemed given
- CHAPTER X
- FINAL PROVISIONS
- Article 60
- Signature and deposit
- Article 61
- Ratification acceptance or approval
- Article 62
- Entry into force
- Article 63
- Inaugural meeting and commencement of operations
- ANNEX A
- ANNEX B
- SECTION A
- ELECTION OF DIRECTORS BY GOVERNORS REPRESENTING BELGIUM, DENMARK, FRANCE, THE FEDERAL REPUBLIC OF GERMANY, GREECE, IRELAND, ITALY, LUXEMBOURG, THE NETHERLANDS, PORTUGAL, SPAIN THE UNITED KINGDOM, THE EUROPEAN ECONOMIC COMMUNITY AND THE EUROPEAN INVESTMENT BANK (HEREINAFTER REFERRED TO AS SECION A GOVERNORS)
- SECTION B
- ELECTION OF DIRECTORS BY GOVERNORS REPRESENTING OTHER COUNTRIES
- Section B (i) —
- Election of Directors by governors representing those countries listed in Annex A as Central and Eastern European countries (recipient countries) (hereinafter referred to as Section B (i) governors)
- Section B (ii) —
- Election of Directors by governors representing those countries listed in Annex A as other European countries (hereinafter referred to as Section B (ii) governors)
- Section B (iii) —
- Election of directors by governors representing those countries listed in Annex A as non-European countries (hereinafter referred to as Section B (iii) governors)
- SECTION C
- ARRANGEMENTS FOR THE ELECTION OF DIRECTORS REPRESENTING COUNTRIES NOT LISTED IN ANNEX A
- SECTION D
- ASSIGNMENT OF VOTES
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