Council Decision of 17 May 2011 on the signing, on behalf… Article 64

Special Reserve Fund

Article 64

1. A Special Reserve Fund shall be maintained for the sole purpose of meeting the eventual liquidation expenses of the Organization. The Council shall decide how the interest earned on this Fund will be used. 2. The Special Reserve Fund established by the Council under the International Cocoa Agreement, 1993, shall be transferred to this Agreement for the purpose set out under paragraph 1. 3. A non-Member of the International Cocoa Agreements, 1993 and 2001, which becomes a Member of this Agreement shall be required to contribute to the Special Reserve Fund. The contribution of such Member shall be assessed by the Council on the basis of the number of votes to be held by the Member.

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Other provisions in CHAPTER XVIII — SUPPLEMENTARY AND TRANSITIONAL PROVISIONS

Article 65: Other supplementary and transitional 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 64 of Council Decision of 17 May 2011 on the signing, on behalf… (LawPlayer, data as of 2026-07-04)

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