Page:United States Statutes at Large Volume 63 Part 2.djvu/890

 MULTILATERAL-WHEAT -MAR. 23, 1949 2189 B. Powers and Functions 6. The Council shall establish its rules of procedure. 7. The Council shall keep such records as are required by the terms of this Agreement and may keep such other records as it considers desirable. 8. The Council shall publish an annual report and may publish any Annual repot. other information concerning matters within the scope of this Agree- ment. 9. The Council, after consultation with the International Wheat Council established under the Memorandum of Agreement approved in June 1942 and amended in June 1946, may take over the 825tat. 1382;60 tat. records, assets and liabilities of that body. 10. The Council shall have such other powers and perform such other functions as it may deem necessary to carry out the terms of this Agreement. 11. The Council may, by two-thirds of the votes cast by the ex- erDor fluncti pow. porting countries and two-thirds of the votes cast by the importing countries, delegate the exercise of any of its powers or functions. The Council may at any time revoke such delegation by a majority of the votes cast. Any decision made under any powers or functions dele- gated by the Council in accordance with this paragraph shall be subject to review by the Council at the request of any exporting or importing country made within a period which the Council shall prescribe. Any decision, in respect of which no request for review has been made within the prescribed period, shall be binding on all exporting and importing countries. C. Voting 12. The importing countries shall hold 1,000 votes, which shall be distributed between them in the proportions which their respective guaranteed purchases for the current crop-year bear to the total of the guaranteed purchases for that crop-year. The exporting coun- tries shall also hold 1,000 votes, which shall be distributed between them in the proportions which their respective guaranteed sales for the current crop-year bear to the total of the guaranteed sales for that crop-year. No exporting country or importing country shall have less than one vote and there shall be no fractional votes. 13. The Council shall redistribute the votes in accordance with the provisions of paragraph 12 of this Article whenever there is any change in the guaranteed purchases or guaranteed sales for the cur- rent crop-year. 14. If an exporting or an importing country forfeits its votes under paragraph 5 of Article XVII or is deprived of its votes under para- Pot, pp. 2192,2193. graph 3 of Article XIX, the Council shall redistribute the votes as if that country had no guaranteed quantity for the current crop-year. 15. Except where otherwise specified in this Agreement, decisions of the Council shall be by a majority of the total votes cast. 16. Any exporting country may authorize any other exporting country, and any importing country may authorize any other im- 63 STAT.]

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