Page:United States Statutes at Large Volume 57 Part 2.djvu/757

 MULTILATERAL-WHEAT -APR. 22, 1942 ARTIOLE VIII (THE EXECUTIVE COMMITTEE) 1. The Council shall, when it considers it desirable to do so, estab- lish an Executive Committee which shall work under its general direction. 2. The Chairman of the Executive Committee shall be appointed by the Council for such period and upon such conditions as it may determine. He need not be a delegate of a contracting Government to the Council or a member of the Committee. 3. The Secretary of the Council shall be the Secretary of the Executive Committee. 4. In addition to the specific duties for which provision is made in this Agreement, the Executive Committee shall be charged with the general duty of keeping under review the working of the Agreement and of reporting to the Council from time to time on the manner in which the provisions of the Agreement are being carried out. 5. The Executive Committee may be convened at any time by its Chairman. 6. The decisions of the Executive Committee shall be taken by a simple majority of the total votes held by its members. ARTICLE IX (REPORTS TO TE COUNCIL) 1. Each contracting Government shall make to the Council such reports as the Council may from time to time request on the action which that Government has taken to carry out the provisions of this Agreement. 2. Each contracting Government shall upon request telegraph each month to the Council the gross exports and gross imports of wheat and of wheat flour from and into its territories in the preceding month, and shall supply such other information as tle Council may from time to time request for the purposes of the Agreement. ARTICLE X (FINANCE) 1. The contracting Governments shall share proportionally to the votes which they hold in the Council any expenses incurred by the Council in administering this Agreement. 2. The Council shall at its first meeting approve its budget for the period prior to the first day of the month of August after its first regular January meeting and assess the contribution to be paid by each contracting Government for that period. 3. The Council shall at each regular January meeting approve its budget for the following August-July period and assess the contri- bution to be paid by each contracting Government for that period. 4. The initial contribution of any Government acceding to the Agreement after the first meeting of the Council shall be assessed proportionally to the number of its votes in the Council and to the number of full months between its accession and the beginning of Additional duties. Expellse. Approval of budget. Assessments. 57 STAT.]

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