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1.
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A
Participant wishing to withdraw under the terms of article 6, paragraph 2,
shall notify its withdrawal to the Organisation. This withdrawal shall take
effect at the date of the notification, subject to the following provisions:
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a.
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The
withdrawing Participant shall be bound to pay in the manner agreed its
contributions adopted under the current or previous annual budget(s);
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b.
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The
withdrawing Participant shall remain bound to pay its share of the payment
appropriations corresponding to approved contract authority used under the
budget for the current or previous financial year(s') and relating to the
design, development and construction phase;
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c.
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The
withdrawing Participant shall remain a member of the Programme Board until
its obligations under a and b above have been fulfilled. It shall
only have a right to vote on matters which are directly related to these
obligations.
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2.
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The
withdrawing Participant shall retain the rights acquired up to the date on
which its withdrawal takes effect. As regards actions and developments
decided upon after its withdrawal, no further right or obligation shall arise
in respect of that part of the programme to which it no longer contributes,
unless and to the extent agreed otherwise between the remaining Participants
and the withdrawing Participant. The provisions of article XVII of the
Convention of the Organisation shall apply mutatis mutandis.
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