# Commission Implementing Decision (EU) 2018/272 of 20 February 2018 on setting up the European Marine Biological Resource Centre — European Research Infrastructure Consortium (EMBRC-ERIC) (notified under document C(2018) 826) (Only the Dutch, English, French, Greek, Italian, Portuguese and Spanish texts are authentic) (Text with EEA relevance), Division 5: Winding up

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

(Article 28 of the Statutes of EMBRC-ERIC)
1.. The winding up of EMBRC-ERIC shall follow a decision by the General Assembly in accordance with Article 15(9) of the Statutes.
2.. The Commission shall be notified in writing within 10 days by the Executive Director of:
(a) the General Assembly's decision to wind up; and again of
(b) the closure of the winding-up procedure.
3.. Without prejudice to Article 9 of the Statutes, any assets and liabilities remaining after payment of the EMBRC-ERIC's assets or debts shall be apportioned among the Members in proportion to their accumulated contribution to EMBRC-ERIC at the time of dissolution.
4.. EMBRC-ERIC shall cease to exist on the day on which the Commission publishes the appropriate notice in the Official Journal of the European Union.

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Source: https://www.legislation.gov.uk/eudn/2018/272/annex/division/5 (the official version)
Page: https://openlegislation.uk/eu-decision-2018-272/annex/division-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.