{
  "url": "https://openlegislation.uk/eu-decision-2008-762/annex/article-1",
  "json_url": "https://openlegislation.uk/eu-decision-2008-762/annex/article-1.json",
  "legislation": "eudn/2008/762",
  "legislation_title": "Council Decision of 25 September 2008 adopting the Rules of Procedure of the Investment Facility Committee set up under the auspices of the European Investment Bank (2008/762/EC)",
  "legislation_url": "https://openlegislation.uk/eu-decision-2008-762",
  "path": "annex/article/1",
  "kind": "article",
  "number": "1",
  "heading": null,
  "text": "1. The Investment Facility Committee (the Committee) shall consist of a representative for each Member State and a representative of the Commission of the European Communities (the Commission). Only the members of the Committee designated by the Member States, or their alternates, shall vote.\n2. The Chairman and the deputy Chairman of the Committee shall be elected from within the members of the Committee designated by the Member States, for a period of two years. The election shall take place at the beginning of the first meeting of the Committee by secret vote. The Chairman shall be elected among the candidates on the basis of a qualified majority, as laid down in Article 3. The election of the deputy Chairman shall follow the same procedure.\n3. The European Investment Bank (the Bank), shall provide the Committee’s secretariat and support services.\n4. The Member States shall each nominate one representative and one alternate authorised to exercise voting rights. An alternate may attend meetings of the Committee as an observer, but shall only have the right to vote when his Member State’s representative is absent. Under exceptional circumstances, where neither the representative nor the alternate can attend a meeting of the Committee, the representative may give a proxy to another representative, or may be replaced by a third person to be appointed ad hoc by the Member State. The Member States shall inform the Bank and the General Secretariat of the Council of the names and addresses of their representatives and their alternates through their Permanent Representations to the European Union.\n5. The Commission shall nominate one representative and one alternate to attend the meetings of the Committee and shall communicate their names to the Bank and to the General Secretariat of the Council. These appointees may be assisted by other officials and servants of the Commission.\n6. The Bank shall nominate two officials to attend and take part in the work of the Committee and shall communicate their names to the Commission and to the General Secretariat of the Council. These appointees may be assisted by other officials of the Bank.\n7. A representative of the General Secretariat of the Council shall be invited to attend meetings of the Committee as an observer.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eudn/2008/762/annex/article/1",
    "retrieved_at": "2026-11-01T15:16:42.374870+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}