Document ID: chunk:federal_register_of_legislation:C2016C00871:clause:1_15:p3
Version: federal_register_of_legislation:C2016C00871
Segment Type: clause
Provision Reference: sch 1 cl 15 (pt 3/7)
Character Range: 77623–80437

shall be by a majority vote of the members present and voting;
    (c) decisions where a three‑fourths or a two‑thirds majority is required shall be by a three‑fourths or two‑thirds majority vote, as the case may be, of those present;
    (d) for the purpose of this Article the phrase "members present" means "members present at the meeting at the time of the vote", and the phrase "members present and voting" means "members present and casting an affirmative or negative vote". Members who abstain from voting shall be considered as not voting.
Article 33

1. The following decisions of the Assembly shall require a three‑fourths majority:
    (a) an increase in accordance with Article 4, paragraph 6, in the maximum amount of compensation payable by the Fund;
    (b) a determination, under Article 5, paragraph 4, relating to the replacement of the Instruments referred to in that paragraph;
    (c) the allocation to the Executive Committee of the functions specified in Article 18, paragraph 5.

2. The following decisions of the Assembly shall require a two‑thirds majority:
    (a) a decision under Article 13, paragraph 3, not to take or continue action against a contributor;
    (b) the appointment of the Director under Article 18, paragraph 4;
    (c) the establishment of subsidiary bodies, under Article 18, paragraph 9.
Article 34

1. The Fund, its assets, income, including contributions, and other property shall enjoy in all Contracting States exemption from all direct taxation.

2. When the Fund makes substantial purchases of movable or immovable property, or has important work carried out which is necessary for the exercise of its official activities and the cost of which includes indirect taxes or sales taxes, the Governments of Member States shall take, whenever possible, appropriate measures for the remission or refund of the amount of such duties and taxes.

3. No exemptions shall be accorded in the case of duties, taxes or dues which merely constitute payment for public utility services.

4. The Fund shall enjoy exemption from all customs duties, taxes and other related taxes on articles imported or exported by it or on its behalf for its official use. Articles thus imported shall not be transferred either for consideration or gratis on the territory of the country into which they have been imported except on conditions agreed by the government of that country.

5. Persons contributing to the Fund and victims and owners of ships receiving compensation from the Fund shall be subject to the fiscal legislation of the State where they are taxable, no special exemption or other benefit being conferred on them in this respect.

6. Information relating to individual contributors supplied for the purpose of this Convention shall not be divulged outside the Fund except