Article 18 Liquidation

International Agreement on Olive Oil and Table Olives · Date: 09.10.2015 · In force

1. The Council of Members shall, if dissolved, first take the steps stipulated in article 35, paragraph 1.

2. On the expiry of this Agreement, the assets of the International Olive Council and any uncommitted sums proceeding from the funds referred to in article 14 shall be repaid to members in proportion to the total of their participation shares in force at the time.

The voluntary contributions and the donations referred to in article 14 as well as any uncommitted sums referred to in article 15 shall be repaid to the member, donor or third party concerned.

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National Database of Legislation of the Republic of Uzbekistan (lex.uz). Original on lex.uz: lex.uz/docs/5634139

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Cite as: Article 18 Liquidation International Agreement on Olive Oil and Table Olives. neolex.uz/en/laws/law-5629885/18 (lex.uz/docs/5634139)