2012-06-27 | BWBV0005585 | Overeenkomst betreffende de Internationale Bank voor Herstel en Ontwikkeling
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@ -191,7 +191,10 @@ f) The Board of Governors, and the Executive Directors to the extent authorized,
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g) Governors and alternates shall serve as such without compensation from the Bank, but the Bank shall pay them reasonable expenses incurred in attending meetings.
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h) The Board of Governors shall determine the remuneration to be paid to the Executive Directors and the salary and terms of the contract of service of the President.
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a) Each member shall have two hundred fifty votes plus one additional vote for each share of stock held.
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a) The voting power of each member shall be equal to the sum of its basics votes and share votes.
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(i) The basic votes of each member shall be the number of votes that results from the equal distribution among all members of 5.55 percent of the aggregate sum of the voting power of all the members, provided that there shall be no fractional basic votes.
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(ii) the share votes of each member shall be the number of votes that results from the allocation of one vote for each share of stock held.
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b) Except as otherwise specifically provided, all matters before the Bank shall be decided by a majority of the votes cast.
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a) The Executive Directors shall be responsible for the conduct of the general operations of the Bank, and for this purpose, shall exercise all the powers delegated to them by the Board of Governors.
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@ -240,7 +243,7 @@ b) The Bank may publish such other reports as it deems desirable to carry out it
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c) Copies of all reports, statements and publications made under this section shall be distributed to members.
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a) The Board of Governors shall determine annually what part of the Bank’s net income, after making provision for reserves, shall be allocated to surplus and what part, if any, shall be distributed.
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b) If any part is distributed, up to two percent non-cumulative shall be paid, as a first charge against the distribution for any year, to each member on the basis of the average amount of the loans outstanding during the year made under Article IV, Section 1 (a) (i), out of currency corresponding to its subscription. If two percent is paid as a first charge, any balance remaining to be distributed shall be paid to all members in proportion to their shares. Payments to each member shall be made in its own currency, or if that currency is not available in other currency acceptable to the member. If such payments are made in currencies other than the member’s own currency, the transfer of the currency and its use by the receiving member after payment shall be without restriction by the members.
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b) If any part is distributed, up to two percent non-cumulative shall be paid, as a first charge against the distribution for any year, to each member on the basis of the average amount of the loans outstanding during the year made under Article IV, Section 1 (a) (i), out of currency corresponding to its subscription. If two percent is paid as a first charge, any balance remaining to be distributed shall be paid to all members in proportion to their shares. Payments to each member shall be made in its own currency, or if that currency is not available in other currency acceptable to the member. if such payments are made in currencies other than the member’s own currency, the transfer of the currency and its use by the receiving member after payment shall be without restriction by the members.
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### Artikel VI
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