Article 17 Duration of the Organisation

The Organisation is set up for a period up to 31 December 2024. It shall include Phases I, II and III as defined in Article 8.

A Contracting Party may withdraw from the Organisation after Phase I or Phase II.

A motion, specifying the procedure and timeframe, if approved by the Council by a two thirds majority, can wind up the Organisation, in particular if the decision not to pursue the Phase III is taken by the Organisation.

The European Commission shall be notified of any such decision within 10 days of it being made, pursuant with Article 16 of Regulation (EC) No 723/2009.