GreatNorthCollective/greatnorth-canada-federal-laws-text huggingface dataset:
European Bank for Reconstruction and Development Agreement Act — E-13.5 (ii)
(ii) if the sole jurisdictional basis for such taxation is the place or currency in which it is issued, made payable or paid, or the location of any office or place of business maintained by the Bank.
European Bank for Reconstruction and Development Agreement Act — E-13.5 10
10 No tax of any kind shall be levied on any obligation or security guaranteed by the Bank, including any dividend or interest thereon, by whomsoever held: (i) which discriminates against such obligation or security solely because it is guaranteed by the Bank, or (ii) if the sole jurisdictional basis for such taxation is the location of any office or place of business maintained by the Bank.
European Bank for Reconstruction and Development Agreement Act — E-13.5 (i)
(i) which discriminates against such obligation or security solely because it is guaranteed by the Bank, or
European Bank for Reconstruction and Development Agreement Act — E-13.5 (ii)
(ii) if the sole jurisdictional basis for such taxation is the location of any office or place of business maintained by the Bank.
European Bank for Reconstruction and Development Agreement Act — E-13.5
Each member shall promptly take such action as is necessary for the purpose of implementing the provisions of this Chapter and shall inform the Bank of the detailed action which it has taken.
European Bank for Reconstruction and Development Agreement Act — E-13.5
The immunities, privileges and exemptions conferred under this Chapter are granted in the interest of the Bank. The Board of Directors may waive to such extent and upon such conditions as it may determine any of the immunities, privileges and exemptions conferred under this Chapter in cases where such action would, in its opinion, be appropriate in the best interests of the Bank. The President shall have the right and the duty to waive any immunity, privilege or exemption in respect of any officer, employee or expert of the Bank, other than the President or a Vice-President, where, in his or her opinion, the immunity, privilege or exemption would impede the course of justice and can be waived without prejudice to the interests of the Bank. In similar circumstances and under the same conditions, the Board of Directors shall have the right and the duty to waive any immunity, privilege or exemption in respect of the President and each Vice-President.
European Bank for Reconstruction and Development Agreement Act — E-13.5 1
1 Any proposal to amend this Agreement, whether emanating from a member, a Governor or the Board of Directors, shall be communicated to the Chairman of the Board of Governors who shall bring the proposal before that Board. If the proposed amendment is approved by the Board the Bank shall, by any rapid means of communication, ask all members whether they accept the proposed amendment. When not less than three fourths of the members (including at least two countries from Central and Eastern Europe listed in Annex A), having not less than four fifths of the total voting power of the members, have accepted the proposed amendment, the Bank shall certify that fact by formal communication addressed to all members.
European Bank for Reconstruction and Development Agreement Act — E-13.5 2
2 Notwithstanding paragraph 1 of this Article: (i) acceptance by all members shall be required in the case of any amendment modifying: (a) the right to withdraw from the Bank; (b) the rights pertaining to purchase of capital stock provided for in paragraph 3 of Article 5 of this Agreement; (c) the limitations on liability provided for in paragraph 7 of Article 5 of this Agreement; and (d) the purpose and functions of the Bank defined by Articles 1 and 2 of this Agreement; (ii) acceptance by not less than three fourths of the members having not less than eighty-five (85) per cent of the total voting power of the members shall be required in the case of any amendment modifying paragraph 4 of Article 8 of this Agreement. When the requirements for accepting any such proposed amendment have been met, the Bank shall certify that fact by formal communication addressed to all members.
European Bank for Reconstruction and Development Agreement Act — E-13.5 (i)
(i) acceptance by all members shall be required in the case of any amendment modifying: (a) the right to withdraw from the Bank; (b) the rights pertaining to purchase of capital stock provided for in paragraph 3 of Article 5 of this Agreement; (c) the limitations on liability provided for in paragraph 7 of Article 5 of this Agreement; and (d) the purpose and functions of the Bank defined by Articles 1 and 2 of this Agreement;
European Bank for Reconstruction and Development Agreement Act — E-13.5 (a)
(a) the right to withdraw from the Bank;
European Bank for Reconstruction and Development Agreement Act — E-13.5 (b)
(b) the rights pertaining to purchase of capital stock provided for in paragraph 3 of Article 5 of this Agreement;
European Bank for Reconstruction and Development Agreement Act — E-13.5 (c)
(c) the limitations on liability provided for in paragraph 7 of Article 5 of this Agreement; and
European Bank for Reconstruction and Development Agreement Act — E-13.5 (d)
(d) the purpose and functions of the Bank defined by Articles 1 and 2 of this Agreement;
European Bank for Reconstruction and Development Agreement Act — E-13.5 (ii)
(ii) acceptance by not less than three fourths of the members having not less than eighty-five (85) per cent of the total voting power of the members shall be required in the case of any amendment modifying paragraph 4 of Article 8 of this Agreement.
European Bank for Reconstruction and Development Agreement Act — E-13.5
When the requirements for accepting any such proposed amendment have been met, the Bank shall certify that fact by formal communication addressed to all members.
European Bank for Reconstruction and Development Agreement Act — E-13.5 3
3 Amendments shall enter into force for all members three (3) months after the date of the formal communication provided for in paragraphs 1 and 2 of this Article unless the Board of Governors specifies a different period.
European Bank for Reconstruction and Development Agreement Act — E-13.5 1
1 Any question of interpretation or application of the provisions of this Agreement arising between any member and the Bank, or between any members of the Bank, shall be submitted to the Board of Directors for its decision. If there is no Director of its nationality in that Board, a member particularly affected by the question under consideration shall be entitled to direct representation in the meeting of the Board of Directors during such consideration. The representative of such member shall, however, have no vote. Such right of representation shall be regulated by the Board of Governors.
European Bank for Reconstruction and Development Agreement Act — E-13.5 2
2 In any case where the Board of Directors has given a decision under paragraph 1 of this Article, any member may require that the question be referred to the Board of Governors, whose decision shall be final. Pending the decision of the Board of Governors, the Bank may, so far as it deems it necessary, act on the basis of the decision of the Board of Directors.
European Bank for Reconstruction and Development Agreement Act — E-13.5
If a disagreement should arise between the Bank and a member which has ceased to be a member, or between the Bank and any member after adoption of a decision to terminate the operations of the Bank, such disagreement shall be submitted to arbitration by a tribunal of three (3) arbitrators, one appointed by the Bank, another by the member or former member concerned, and the third, unless the parties otherwise agree, by the President of the International Court of Justice or such other authority as may have been prescribed by regulations adopted by the Board of Governors. A majority vote of the arbitrators shall be sufficient to reach a decision which shall be final and binding upon the parties. The third arbitrator shall have full power to settle all questions of procedure in any case where the parties are in disagreement with respect thereto.
European Bank for Reconstruction and Development Agreement Act — E-13.5
Whenever the approval or the acceptance of any member is required before any act may be done by the Bank, except under Article 56 of this Agreement, approval or acceptance shall be deemed to have been given unless the member presents an objection within such reasonable period as the Bank may fix in notifying the member of the proposed act.
European Bank for Reconstruction and Development Agreement Act — E-13.5 1
1 This Agreement, deposited with the Government of the French Republic (hereinafter called “the Depository”), shall remain open until 31 December 1990 for signature by the prospective members whose names are set forth in Annex A to this Agreement.
European Bank for Reconstruction and Development Agreement Act — E-13.5 2
2 The Depository shall communicate certified copies of this Agreement to all the Signatories.
European Bank for Reconstruction and Development Agreement Act — E-13.5 1
1 The Agreement shall be subject to ratification, acceptance or approval by the Signatories. Instruments of ratification, acceptance or approval shall, subject to paragraph 2 of this Article, be deposited with the Depository not later than 31 March 1991. The Depository shall duly notify the other Signatories of each deposit and the date thereof.
European Bank for Reconstruction and Development Agreement Act — E-13.5 2
2 Any Signatory may become a party to this Agreement by depositing an instrument of ratification, acceptance or approval until one year after the date of its entry into force or, if necessary, until such later date as may be decided by a majority of Governors, representing a majority of the total voting power of the members.
European Bank for Reconstruction and Development Agreement Act — E-13.5 3
3 A Signatory whose instrument referred to in paragraph 1 of this Article is deposited before the date on which this Agreement enters into force shall become a member of the Bank on that date. Any other Signatory which complies with the provisions of the preceding paragraph shall become a member of the Bank on the date on which its instrument of ratification, acceptance or approval is deposited.
European Bank for Reconstruction and Development Agreement Act — E-13.5 1
1 This Agreement shall enter into force when instruments of ratification, acceptance or approval have been deposited by Signatories whose initial subscriptions represent not less than two thirds of the total subscriptions set forth in Annex A, including at least two countries from Central and Eastern Europe listed in Annex A.
European Bank for Reconstruction and Development Agreement Act — E-13.5 2
2 If this Agreement has not entered into force by 31 March 1991, the Depository may convene a conference of interested prospective members to determine the future course of action and decide a new date by which instruments of ratification, acceptance or approval shall be deposited.
European Bank for Reconstruction and Development Agreement Act — E-13.5 1
1 As soon as this Agreement enters into force under Article 62 of this Agreement, each member shall appoint a Governor. The Depository shall call the first meeting of the Board of Governors within sixty (60) days of entry into force of this Agreement under Article 62 or as soon as possible thereafter.
European Bank for Reconstruction and Development Agreement Act — E-13.5 2
2 At its first meeting, the Board of Governors: (i) shall elect the President; (ii) shall elect the Directors of the Bank in accordance with Article 26 of this Agreement; (iii) shall make arrangements for determining the date of the commencement of the Bank’s operations; and (iv) shall make such other arrangements as appear to it necessary to prepare for the commencement of the Bank’s operations.
European Bank for Reconstruction and Development Agreement Act — E-13.5 (ii)
(ii) shall elect the Directors of the Bank in accordance with Article 26 of this Agreement;
European Bank for Reconstruction and Development Agreement Act — E-13.5 (iii)
(iii) shall make arrangements for determining the date of the commencement of the Bank’s operations; and
European Bank for Reconstruction and Development Agreement Act — E-13.5 (iv)
(iv) shall make such other arrangements as appear to it necessary to prepare for the commencement of the Bank’s operations.
European Bank for Reconstruction and Development Agreement Act — E-13.5 3
3 The Bank shall notify its members of the date of commencement of its operations.
European Bank for Reconstruction and Development Agreement Act — E-13.5
Done at Paris on 29 May 1990 in a single original, whose English, French, German and Russian texts are equally authentic, which shall be deposited in the archives of the Depository which shall transmit a duly certified copy to each of the other prospective members whose names are set forth in Annex A.
European Bank for Reconstruction and Development Agreement Act — E-13.5 1
1 The provisions set out below in this Section shall apply exclusively to this Section.
European Bank for Reconstruction and Development Agreement Act — E-13.5 2
2 Candidates for the office of Director shall be nominated by Section A Governors, provided that a Governor may nominate only one person. The election of Directors shall be by ballot of Section A Governors.
European Bank for Reconstruction and Development Agreement Act — E-13.5 3
3 Each Governor eligible to vote shall cast for one person all of the votes to which the member appointing him or her is entitled under paragraphs 1 and 2 of Article 29 of this Agreement.
European Bank for Reconstruction and Development Agreement Act — E-13.5 4
4 Subject to paragraph 10 of this Section, the 11 persons receiving the highest number of votes shall be Directors, except that no person who receives less than 4.5 per cent of the total of the votes which can be cast (eligible votes) in Section A shall be considered elected.
European Bank for Reconstruction and Development Agreement Act — E-13.5 5
5 Subject to paragraph 10 of this Section, if 11 persons are not elected on the first ballot, a second ballot shall be held in which, unless there were no more than 11 candidates, the person who received the lowest number of votes in the first ballot shall be ineligible for election and in which there shall vote only : (a) those Governors who voted in the first ballot for a person not elected; and (b) those Governors whose votes for a person elected are deemed under paragraphs 6 and 7 below of this Section to have raised the votes cast for that person above 5.5 per cent of the eligible votes.
European Bank for Reconstruction and Development Agreement Act — E-13.5 (a)
(a) those Governors who voted in the first ballot for a person not elected; and
European Bank for Reconstruction and Development Agreement Act — E-13.5 (b)
(b) those Governors whose votes for a person elected are deemed under paragraphs 6 and 7 below of this Section to have raised the votes cast for that person above 5.5 per cent of the eligible votes.
European Bank for Reconstruction and Development Agreement Act — E-13.5 6
6 In determining whether the votes cast by a Governor are deemed to have raised the total votes cast for any person above 5.5 per cent of the eligible votes, the 5.5 per cent shall be deemed to include, first, the votes of the Governor casting the largest number of votes for such person, then the votes of the Governor casting the next largest number and so on, until 5.5 per cent is reached.
European Bank for Reconstruction and Development Agreement Act — E-13.5 7
7 Any Governor, part of whose votes must be counted in order to raise the total of votes cast for any person above 4.5 per cent shall be considered as casting all of his or her votes for such person, even if the total votes for such person thereby exceed 5.5 per cent and shall not be eligible to vote in a further ballot.
European Bank for Reconstruction and Development Agreement Act — E-13.5 8
8 Subject to paragraph 10 of this Section, if, after the second ballot, 11 persons have not been elected, further ballots shall be held in conformity with the principles and procedures laid down in this Section, until 11 persons have been elected, provided that, if at any stage 10 persons are elected, notwithstanding the provisions of paragraph 4 of this Section, the 11th may be elected by a simple majority of the remaining votes cast.
European Bank for Reconstruction and Development Agreement Act — E-13.5 9
9 In the case of an increase or decrease in the number of Directors to be elected by Section A Governors, the minimum and maximum percentages specified in paragraphs 4, 5, 6 and 7 of this Section shall be appropriately adjusted by the Board of Governors.
European Bank for Reconstruction and Development Agreement Act — E-13.5 10
10 So long as any Signatory, or group of Signatories, whose share of the total amount of capital subscriptions provided in Annex A is more than 2.4 per cent, has not deposited its instrument or their instruments of ratification, approval or acceptance, there shall be no election for one Director in respect of each such Signatory or group of Signatories. The Governor or Governors representing such a Signatory or group of Signatories shall elect a Director in respect of each Signatory or group of Signatories, immediately after the Signatory becomes a member or the group of Signatories become members. Such Director shall be deemed to have been elected by the Board of Governors at its inaugural meeting, in accordance with paragraph 3 of Article 26 of this Agreement, if he or she is elected during the period in which the first Board of Directors shall hold office.
European Bank for Reconstruction and Development Agreement Act — E-13.5 2
2 Candidates for the office of Director shall be nominated by Section B (i) Governors, provided that a Governor may nominate only one person. The election of Directors shall be by ballot of Section B (i) Governors.
European Bank for Reconstruction and Development Agreement Act — E-13.5 4
4 Subject to paragraph 10 of this Section, the 4 persons receiving the highest number of votes shall be Directors, except that no person who receives less than 12 per cent of the total of the votes which can be cast (eligible votes) in Section B (i) shall be considered elected.
European Bank for Reconstruction and Development Agreement Act — E-13.5 5
5 Subject to paragraph 10 of this Section, if 4 persons are not elected on the first ballot, a second ballot shall be held in which, unless there were no more than 4 candidates, the person who received the lowest number of votes in the first ballot shall be ineligible for election and in which there shall vote only : (a) those Governors who voted in the first ballot for a person not elected; and (b) those Governors whose votes for a person elected are deemed under paragraphs 6 and 7 below of this Section to have raised the votes cast for that person above 13 per cent of the eligible votes.
European Bank for Reconstruction and Development Agreement Act — E-13.5 (b)
(b) those Governors whose votes for a person elected are deemed under paragraphs 6 and 7 below of this Section to have raised the votes cast for that person above 13 per cent of the eligible votes.
European Bank for Reconstruction and Development Agreement Act — E-13.5 6
6 In determining whether the votes cast by a Governor are deemed to have raised the total votes cast for any person above 13 per cent of the eligible votes, the 13 per cent shall be deemed to include, first, the votes of the Governor casting the largest number of votes for such person, then the votes of the Governor casting the next largest number and so on, until 13 per cent is reached.
European Bank for Reconstruction and Development Agreement Act — E-13.5 7
7 Any Governor, part of whose votes must be counted in order to raise the total of votes cast for any person above 12 per cent shall be considered as casting all of his or her votes for such person, even if the total votes for such person thereby exceed 13 per cent and shall not be eligible to vote in a further ballot.
European Bank for Reconstruction and Development Agreement Act — E-13.5 8
8 Subject to paragraph 10 of this Section, if, after the second ballot, 4 persons have not been elected, further ballots shall be held in conformity with the principles and procedures laid down in this Section, until 4 persons have been elected, provided that, if at any stage 3 persons are elected, notwithstanding the provisions of paragraph 4 of this Section, the 4th may be elected by a simple majority of the remaining votes cast.
European Bank for Reconstruction and Development Agreement Act — E-13.5 9
9 In the case of an increase or decrease in the number of Directors to be elected by Section B (i) Governors, the minimum and maximum percentages specified in paragraphs 4, 5, 6 and 7 of this Section shall be appropriately adjusted by the Board of Governors.
European Bank for Reconstruction and Development Agreement Act — E-13.5 10
10 So long as any Signatory, or group of Signatories, whose share of the total amount of capital subscriptions provided in Annex A is more than 2.8 per cent, has not deposited its instrument or their instruments of ratification, approval or acceptance, there shall be no election for one Director in respect of each such Signatory or group of Signatories. The Governor or Governors representing such a Signatory or group of Signatories shall elect a Director in respect of each Signatory or group of Signatories, immediately after the Signatory becomes a member or the group of Signatories become members. Such Director shall be deemed to have been elected by the Board of Governors at its inaugural meeting, in accordance with paragraph 3 of Article 26 of this Agreement, if he or she is elected during the period in which the first Board of Directors shall hold office.
European Bank for Reconstruction and Development Agreement Act — E-13.5 2
2 Candidates for the office of Director shall be nominated by Section B (ii) Governors, provided that a Governor may nominate only one person. The election of Directors shall be by ballot of Section B (ii) Governors.
European Bank for Reconstruction and Development Agreement Act — E-13.5 4
4 Subject to paragraph 10 of this Section, the 4 persons receiving the highest number of votes shall be Directors, except that no person who receives less than 20.5 per cent of the votes which can be cast (eligible votes) in Section B (ii) shall be considered elected.
European Bank for Reconstruction and Development Agreement Act — E-13.5 5
5 Subject to paragraph 10 of this Section, if 4 persons are not elected on the first ballot, a second ballot shall be held in which, unless there were no more than 4 candidates, the person who received the lowest number of votes in the first ballot shall be ineligible for election and in which there shall vote only : (a) those Governors who voted in the first ballot for a person not elected; and (b) those Governors whose votes for a person elected are deemed under paragraphs 6 and 7 below of this Section to have raised the votes cast for that person above 21.5 per cent of the eligible votes.
European Bank for Reconstruction and Development Agreement Act — E-13.5 (b)
(b) those Governors whose votes for a person elected are deemed under paragraphs 6 and 7 below of this Section to have raised the votes cast for that person above 21.5 per cent of the eligible votes.
European Bank for Reconstruction and Development Agreement Act — E-13.5 6
6 In determining whether the votes cast by a Governor are deemed to have raised the total votes cast for any person above 21.5 per cent of the eligible votes, the 21.5 per cent shall be deemed to include, first, the votes of the Governor casting the largest number of votes for such person, then the votes of the Governor casting the next largest number and so on, until 21.5 per cent is reached.