Page:United States Statutes at Large Volume 63 Part 2.djvu/894

 MULTILATERAL-WHEAT -MAR. 23, 1949 any exporting or importing country has failed to fulfull its obligations under this Agreement, shall, at the request of any exporting or im- porting country party to the dispute or making the complaint, be referred to the Council which shall make a decision on the matter. 2. No exporting or importing country shall be found to have com- mitted a breach of this Agreement except by a majority of the votes held by the exporting countries and a majority of the votes held by the importing countries. Any finding that an exporting or importing country is in breach of this Agreement shall specify the nature of the breach and, if the breach involves default by that country in its guaranteed quantities, the extent of such default. 3. If the Council finds that an exporting country or an importing country has committed a breach of this Agreement, it may, by a majority of the votes held by the exporting countries and a majority of the votes held by the importing countries, deprive the country con- cerned of its voting rights until it fulfills its obligations or expel that country from the Agreement. 4. If any exporting or importing country is deprived of its votes under this Article, the votes shall be redistributed as provided in paragraph 14 of Article XIII. If any exporting or importing country is found in default of the whole or part of its guaranteed quantities or is expelled from this Agreement, the remaining guaranteed quantities shall be adjusted as provided in Article IX. PART 5-FINAL PROVISIONS ARTICLE XX Signature, Acceptance, and Entry into Force 1. This Agreement shall be open for signature in Washington until April 15, 1949 by the Governments of the countries listed in Annex A and Annex B to Article III. 2. This Agreement shall be subject to acceptance by signatory Governments in accordance with their respective constitutional procedures. Subject to the provisions of paragraph 4 of this Article, instruments of acceptance shall be deposited with the Government of the United States of America not later than July 1, 1949. 3. Provided that the Governments of countries listed in Annex A to Article III responsible for not less than seventy per cent of the guaranteed purchases and the Governments of countries listed in Annex B to Article III responsible for not less than eighty per cent of the guaranteed sales have accepted this Agreement by July 1, 1949, Parts 1, 3, 4, and 5 of the Agreement shall enter into force on July 1, 1949 between those Governments which have accepted it. The Council shall fix a date which shall not be later than September 1, 1949 on which Part 2 of this Agreement shall enter into force [1] between those Governments which have accepted it. 4. Any signatory Government which has not accepted this Agree- ment by July 1, 1949 may be granted by the Council an extension of time after that date for depositing its instrument of acceptance. I Entered into force Aug. 1, 1949. Ante, p. 2189. Ante, p. 2186. Ante, pp. 2t77, 2178. Ante, pp. 2173, 2186, 2188. Polt, p. 2235. Ante, p. 2175. Poa, p. 2236. 63 STAT. ] 2193

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