Page:United States Statutes at Large Volume 59 Part 2.djvu/1059

 1742 INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [59 STAT. 8. Each member Government shall appoint one or more representa- tives for the purpose of consultation and communication with the Executive Board, and with the Chief Officer. Such representatives shall be fully informed by the Board and by the Chief Officer of all activities of the Organisation. Each time that any important question concerning the interests of a member Government is discussed by the Board, the representatives of that Government shall be entitled to take part in the discussions without the right of vote. ARTICLE IV. 1. The Organisation shall have the capacity to perform any legal act appropriate to its object and purposes, including the power to acquire, hold and convey property, to enter into contracts and under- take obligations, to designate or create subordinate organs and to review their activity. The Organisation shall not, however, have power to own transport equipment and material other than for its own internal or demonstration purposes, except with the unanimous consent of the Council. 2. These powers are vested in the Council. Subject to the provi- sions of paragraph 2 of Article V, the Council may delegate such of these powers as it may deem necessary to the Executive Board, includ- ing the power of subdelegation. The Executive Board shall be respon- sible to the Council for the upkeep and administration of any property. owned by the Organisation. AwTICrc V. - Finance. 1. The Executive Board shall submit to the Council an initial budget and from time to time such supplementary budgets as may be re- quired, covering the administrative expenses of the Organisation. Upon approval of a budget by the Council, the total amount approved shall be raised in such manner, or be allocated between member Gov- ernments in such proportions, as these Governments may agree. Each member Government undertakes, subject to the requirements of its constitutional procedure, promptly to contribute to the Organisation, in such currency or currencies as may be agreed by such Government with the Executive Board, its share of these expenses. 'Each member Government shall also provide such facilities as are required for the transfer into other currencies of sums so contributed and held by the Organisation in that Government's own currency. 2. The Organisation shall not incur any expenses, other than admin- istrative expenses, except under the authority of the Council. Pro- posals for such expenses shall be submitted by the Executive Board to the Council and, when approved by the Council, such expenses shall be met by contributions which one or more member Governments may agree to make or in such other manner as may be agreed between mem- ber Governments. However, the obligation of transfer into foreign currencies, as defined in paragraph 1 of this Article, does not apply to these contributions.

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