Page 1253 - 1983

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ΕΠΙΣΗΜΗ ΕΦΗΜΕΡΙΔΑ ΤΗΣ 13ης ΔΕΚΕΜΒΡΙΟΥ
1983
1167
t,vo-thirds majority vote, exclude such Member from the Organization. The
Council shal1 immediately notify the Secretary-General of the United
Nations of any such decision. Ninety days after the date of the Council's
decision, such Member shal1 cease to be a Member of the Organization and,
if
sιJch
Hember is a Contracting Party, a party to this Agreement.
Article 67
Settlement of accounts with
withdrawing or excluded Members
(1) The Council shall determine any settlement of accounts with a
withdrawing or excluded Member. The Organization shal1 retain any amounts
already paid by a withdrawing or excluded Member and such Member shall
remain bound to pay any amounts due from it to the Organization at the
time the withdrawal or the exclusion becomes effective; provided, however,
that
ίη
the case of a Contracting Party which is unable to accept an
amendment and consequently ceases to participate
ίη
this Agreement under
the provisions of paragraph (2) of Article 69, the Council may determine
anv settlement of accounts which it finds equitable.
(2)
Α
Member which has ceased to participate
ίη
this Agreement shal1 not
be entitled to any share of the proceeds of liquidation or the other
assets of the Organization; nor shal1 it be liable for payment of any part
of the deficit, if any, of the Organization
υροη
termination of this
Agreement.