Publication: Magyar Közlöny
Issue: MK-1999-28 (Year: 1999, Number: 28)
Era: 1990-2004
Section: 
Paragraph Index: 203

1975. The Management Committee shall make proposals, as appropriate, to the Governing Board, which, acting by majority, not later than 1st July, 1975, shall decide on these proposals, except as provided for in Article 7, paragraph 2, of this Annex. * OECD Council Decision on the Establishment of the Agency C(74)203 (Final) The Council having regard to the Convention on the Organisation for Economic Co-operation and Development of 14th December, 1960 (hereinafter called the „Convention”) and, in particular, Articles 5 a), 6, 9, 12, 13 and 20 of the Convention, having regard to the Financial Regulations of the Organisation and, in particular, to Articles 5, 10, 14 b) and 16 b) thereof, having regard to the Regulations, Rules and Instructions for Council Experts and Consultants of the Organisation, noting that the Government of certain Member countries have declared their intention to enter into a separate Agreement on an International Energy program which is attached to document C(74)204 of 6th November, 1974, and Corrigendum 1 thereto, which is circulated for reference and is hereinafter to as the „Agreement”, having regard to Recommendation of the Council of 29th June, 1971 on Oil Stockpiling [C(71)113 (Final)], having regard to the Decision of the Council of 14th November, 1972 on Emergency Plans and Measures and Apportionment of Oil Supplies in an Emergency in the OECD European Area [C(72)201 (Final)], having regard to the Recommendation of the Council of 10th January, 1974 on the Supply of Bunker Fuels for Shipping and Fishing [C(73)257 (Final)], having regard to the Recommendation of the Council of 10th January, 1974 on the Supply of Fuel for Civil Aircraft [C(73)258 (Final)], having regard to the Note by the Secretary-General of 6th November, 1974 concerning the International Energy Program [C(74)203 and Corrigendum 1], decides: Article 1 An International Energy Agency (hereinafter called the „Agency”) is hereby established as an autonomous body within the framework of the Organisation. Article 2 Participating Countries of the Agency are:

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