# Decision No 1219/2011/EU of the European Parliament and of the Council of 16 November 2011 concerning the subscription by the European Union to additional shares in the capital of the European Bank for Reconstruction and Development (EBRD) as a result of the decision to increase this capital, Division (e)

Extent: E+W+S+N.I.

At the 2015 Annual Meeting, the Board of Governors shall decide on the first resolution by a majority of the total voting power of the members voting, provided that if such first resolution is not approved by such majority, the number of callable shares to be redeemed, if any, shall be the maximum number of shares that may be redeemed applying the Agreed Formula, subject in all cases to the provisions of paragraph 3(f) below.

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Source: https://www.legislation.gov.uk/eudn/2011/1219/annex/division/1/division/3/division/e (the official version)
Page: https://openlegislation.uk/eu-decision-2011-1219/annex/division-1/division-3/division-e
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.