OpenLegislation

Article 20 Duration and winding-up of ECRIN-ERIC

United Kingdom

Original text. Later amendments are not shown.

1.

The duration of ECRIN-ERIC shall be indeterminate.

2.

The winding up of ECRIN-ERIC shall be decided by a two thirds majority vote of all members of the Assembly of Members.

3.

The assets of ECRIN-ERIC shall be transferred after its winding up to an entity that shall be agreed by a more than two thirds majority of the Members representing a more than two thirds majority of the mandatory contributions.