TNAG-0626-FCO40-774-Representation-of-United-Nations-Economic-and-Social-Commiss-1977 — Page 30

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shall meet not later than 30 days after the receipt by the Depositary of

the last required notification of acceptance, in order to take the necessary

steps for winding up the Corporation.

2.

During the winding up period, the Council and the Corporation shall remain in existence for the following purposes:

1,

(a) To realize, conserve and preserve its assets, and to settle its

obligations vis-à-vis creditors holding claims out of reinsurance contracts, as a matter of priority, and then to other creditors;

(b) To proceed subsequently with the distribution of the remaining

assets to the member States, in proportion to the capital stock

held by each member State, provided that such member State has

settled all its obligations vis-à-vis the Corporation.

Done at the City of Bangkok, Thailand, on

•

•

in a single copy of the English language

which shall be deposited with the Executive Secretary of the United

Nations Economic and Social Commission for Asia and the Pacific,

Bangkok, in accordance with Article XXVI.

Annex A

Annex B

Appendix

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