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2007/648/EC: Council Decision of 26 September 2007 on the… Article 43

2007/648/EC: Council Decision of 26 September 2007 on the… Article 43

Settlement of accounts with withdrawing or excluded members or members unable to accept an amendment

Article 43

1.   The Council shall determine any settlement of accounts with a member that ceases to be a party to this Agreement owing to: (a) non-acceptance of an amendment to this Agreement under Article 40; (b) withdrawal from this Agreement under Article 41; or (c) exclusion from this Agreement under Article 42. 2.   The Council shall retain any assessments or contributions paid to the financial accounts established under Article 18 by a member that ceases to be a party to this Agreement. 3.   A member that has ceased to be a party to this Agreement shall not be entitled to any share of the proceeds of liquidation or the other assets of the Organization. Nor shall such member be liable for payment of any part of the deficit, if any, of the Organization upon termination of this Agreement.

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Other provisions in CHAPTER X — FINAL PROVISIONS

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04

CitationArticle 43 of 2007/648/EC: Council Decision of 26 September 2007 on the… (LawPlayer, data as of 2026-07-04)

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