Page:United States Statutes at Large Volume 63 Part 2.djvu/893

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2. At its first Session, the Council shall approve its budget for the period ending July 31, 1950 and assess the contribution to be paid by each exporting and importing country. 3. The Council shall, at its first Session during the second half of each crop-year, approve its budget for the following crop-year and assess the contribution to be paid by each exporting and importing country for that crop-year. 4. The initial contribution of any exporting or importing country Post,p.2194. acceding to this Agreement under Article XXI shall be assessed by the Council on the basis of the number of votes to be held by it and the period remaining in the current crop-year, but the assessments made upon other exporting and importing countries for the current crop-year shall not be altered. 5. Contributions shall be payable immediately upon assessment. Any exporting or importing country failing to pay its contribution within one year of its assessment shall forfeit its voting rights until its contribution is paid, but shall not be deprived of its other rights nor relieved of its obligations under this Agreement. In the event of any exporting or importing country forfeiting its voting rights under this paragraph its votes shall be redistributed as provided in para- Ante, p. t189. graph 14 of Article XIII. 6. The Council shall, each crop-year, publish an audited statement of its receipts and expenditures in the previous crop-year. 7. The government of the country where the temporary or per- manent seat of the Council is situated shall grant exemption from taxa- tion on the salaries paid by the Council to its employees except that such exemption need not apply to the nationals of that country. 8. The Council shall, prior to its dissolution, provide for the settle- ment of its liabilities and the disposal of its records and assets upon the termination of this Agreement. ARTICLE XVIII Cooperation With Other Intergovernmental Organizations 1. The Council shall make whatever arrangements are required for consultation and cooperation with the appropriate organs of the United Nations and its specialized agencies and with other intergov- ernmental organizations. 2. If the Council finds that any terms of this Agreement are ma- terially inconsistent with such requirements as may be laid down by the United Nations or through its appropriate organs and specialized agencies regarding intergovernmental commodity agreements, the inconsistency shall be deemed to be a circumstance affecting adversely the operation of this Agreement and the procedure prescribed in Pot, p. 2194. paragraphs 3, 4, and 5 of Article XXII shall be applied. ARTICLE XIX Disputes and Complaints 1. Any dispute concerning the interpretation or application of this Agreement which is not settled by negotiation and any complaint that 2192 r63 STAT. TREATIES