Document ID: chunk:federal_register_of_legislation:C2004A01728:section:6:p3
Version: federal_register_of_legislation:C2004A01728
Segment Type: section
Provision Reference: s 6 (pt 3/24)
Character Range: 7150–9880

open to any State member of the United Nations or of any of its specialized agencies, or of the International Atomic Energy Agency.
(b) Membership shall also be open to any grouping of States whose members have delegated to it powers in fields falling within the competence of the Fund, and which is able to fulfil all the obligations of a Member of the Fund.

Section 2—Original Members and non‑original Members
(a) Original Members of the Fund shall be those States listed in Schedule I, which forms an integral part of this Agreement, that become parties to this Agreement in accordance with Section 1(b) of Article 13.
(b) Non‑original Members of the Fund shall be those other States that, after approval of their membership by the Governing Council, become parties to this Agreement in accordance with Section 1(c) of Article 13.

Section 3—Classification of Members
(a) Original Members shall be classified in one of three categories: I, II or III as set forth in Schedule I to this Agreement. Non‑original Members shall be classified by the Governing Council, by a two‑thirds majority of the total number of votes, with the concurrence of such Members, at the time of the approval of their membership.
(b) The classification of a Member may be altered by the Governing Council, by a two‑thirds majority of the total number of votes, with the concurrence of that Member.

Section 4—Limitation of liability
No Member shall be liable, by reason of its membership, for acts or obligations of the Fund.

ARTICLE 4
Resources

Section 1—Resources of the Fund
The resources of the Fund shall consist of:
     (i) initial contributions;
     (ii) additional contributions;
     (iii) special contributions from non‑member States and from other sources;
     (iv) funds derived from operations or otherwise accruing to the Fund.

Section 2—Initial contributions
(a) Each original Member in category I or II shall, and any original Member in category III may, contribute to the initial resources of the Fund the amount expressed in the currency specified in the instrument of ratification, acceptance, approval or accession deposited by that State pursuant to Section 1(b) of Article 13.
(b) Each non‑original Member in category I or II shall, and any non‑original Member in category III may, contribute to the initial resources of the Fund an amount agreed between the Governing Council and that Member at the time of the approval of its membership.
(c) The initial contribution of each Member shall be due and payable in the forms set forth in Section 5(b) and (c) of this Article, either in a single sum or, at the option of the Member, in three equal annual instalments. The single sum or the first annual instalment shall be due