Article 6

By 30 June 2008, the Fund shall submit to the Commission its strategy for the closure (closure strategy) of its activities, including:

1. (a)

   an action plan with projected payments and a foreseen winding-up date;

2. (b)

   a de-commitment procedure;

3. (c)

   the treatment of any residual amounts and interest received at the closure of the Fund.

Subsequent payments to the Fund shall be conditional on the Commission’s approval of the closure strategy. If the closure strategy is not submitted to the Commission by 30 June 2008, payments to the Fund shall be interrupted until the strategy is received.