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Paragraphs in "Implementing Agreement On The Technical Exchange Of Information In The Field Of Reactor Safety Research And Development To The Agreement on an International Energy Programme" coded as HOBF

Label Provision
Art.2 Article 2
Art.3 Article 3
Art.3.1 1. The emergency reserve commitment set out in Article 2 may be satisfied by:
Art.3.1.ax -oil stocks,
Art.3.1.bx -fuel switching capacity,
Art.3.1.cx -stand-by oil production,
Art.3.1.dx in accordance with the provisions of the Annex which forms an integral part of this Agreement.
Art.3.2 2. The Governing Board shall, acting by majority, not later than 1st July, 1975, decide the extent to which the emergency reserve commitment may be satisfied by the elements mentioned in paragraph 1.
Art.4 Article 4
Art.4.1 1. The Standing Group on Emergency Questions shall, on a continuing basis, review the effectiveness of the measures taken by each Participating Country to meet its emergency reserve commitment.
Art.4.2 2. The Standing Group on Emergency Questions shall report to the Management Committee, which shall make proposals, as appropriate, to the Governing Board. The Governing Board may, acting by majority, adopt recommendations to Participating Countries.
Chapt.2 Chapter II
Art.5 Article 5
Art.5.1 1. Each Participating Country shall at all times have ready a program of contingent oil demand restraint measures enabling it to reduce its rate of final consumption in accordance with Chapter IV.
Art.5.2 2. The Standing Group on Emergency Questions shall, on a continuing basis, review and assess:
Art.5.2.ax -each Participating Country's program of demand restraint measures,
Art.5.2.bx #NAME?
Art.5.3 3. The Standing Group on Emergency Questions shall report to the Management Committee, which shall make proposals, as appropriate, to the Governing Board. The Governing Board may, acting by majority, adopt recommendations to Participating Countries.
Chapt.3 Chapter III
Art.6 Article 6
Art.11 Article 11
Art.11.1 1. It is not an objective of the Program to seek to increase, in an emergency, the share of world oil supply that the group had under normal market conditions. Historical oil trade patterns should be preserved as far as is reasonable, and due account should be taken of the position of individual non-participating countries.
Art.11.2 2. In order to maintain the principles set out in paragraph l, the Management Committee shall make proposals, as appropriate, to the Governing Board, which, acting by majority, shall decide on such proposals.
Chapt.4 Chapter IV
Art.18 Article 18
Art.18.1 1. The term "base period" means the most recent four quarters with a delay of one-quarter necessary to collect information. While emergency measures are applied with regard to the group or to a Participating Country, the base period shall remain fixed.
Art.18.2 2. The Standing Group on Emergency Questions shall examine the base period set out in paragraph 1, taking into account in particular such factors as growth, seasonal variations in consumption and cyclical changes and shall, not later than 1st April, 1975, report to the Management Committee. The Management Committee shall make proposals, as appropriate, to the Governing Board, which, acting by majority, shall decide on these proposals not later than 1st July, 1975.
Art.19 Article 19
Art.19.1 1. The Secretariat shall make a finding when a reduction of oil supplies as mentioned in Article 13, 14 or 17 has occurred or can reasonably be expected to occur, and shall establish the amount of the reduction or expected reduction for each Participating Country and for the group. The Secretariat shall keep the Management Committee informed of its deliberations, and shall immediately report its finding to the members of the Committee and inform the Participating Countries thereof. The report shall include information on the nature of the reduction.
Art.19.2 2. Within 48 hours of the Secretariat's reporting a finding, the Committee shall meet to review the accuracy of the data compiled and the information provided. The Committee shall report to the Governing Board within a further 48 hours. The report shall set out the views expressed by the members of the Committee, including any views regarding the handling of the emergency.
Art.19.3 3. Within 48 hours of receiving the Management Committee's report, the Governing Board shall meet to review the finding of the Secretariat in the light of that report. The activation of emergency measures shall be considered confirmed and Participating Countries shall implement such measures within 15 days of such confirmation unless the Governing Board, acting by special majority, decides within a further 48 hours not to activate the emergency measures, to activate them only in part or to fix another time limit for their implementation.
Art.19.4 4. If, according to the finding of the Secretariat, the conditions of more than one of the Articles 14, 13 and 17 are fulfilled, any decision not to activate emergency measures shall be taken separately for each Article and in the above order. If the conditions in Article 17 are fulfilled with regard to more than one Participating Country any decision not to activate allocation shall be taken separately with respect to each Country.
Art.19.5 5. Decisions pursuant to paragraphs 3 and 4 may at any time be reversed by the Governing Board, acting by majority.
Art.19.6 6. In making its finding under this Article, the Secretariat shall consult with oil companies to obtain their views regarding the situation and the appropriateness of the measures to be taken.
Art.19.7 7. An international advisory board from the oil industry shall be convened, not later than the activation of emergency measures, to assist the Agency in ensuring the effective operation of such measures.
Art.20 Article 20
Art.20.1 1. The Secretariat shall make a finding when cumulative daily emergency reserve drawdown obligations have reached or can reasonably be expected to reach 50 per cent of emergency reserve commitments. The Secretariat shall immediately report its finding to the members of the Management Committee and inform the Participating Countries thereof. The report shall include information on the oil situation.
Art.20.2 2. Within 72 hours of the Secretariat's reporting such a finding, the Management Committee shall meet to review the data compiled and the information provided. On the basis of available information the Committee shall report to the Governing Board within a further 48 hours proposing measures required for meeting the necessities of the situation, including the increase in the level of mandatory demand restraint that may be necessary. The report shall set out the views expressed by the members of the Committee.
Art.20.3 3. The Governing Board shall meet within 48 hours of receiving the Committee's report and proposal. The Governing Board shall review the finding of the Secretariat and the report of the Management Committee and shall within a further 48 hours, acting by special majority, decide on the measures required for meeting the necessities of the situation, including the increase in the level of mandatory demand restraint that may be necessary.
Art.21 Article 21
Art.21.1 1. Any Participating Country may request the Secretariat to make a finding under Article 19 or 20.
Art.21.2 2. If, within 72 hours of such request, the Secretariat does not make such a finding, the Participating Country may request the Management Committee to meet and consider the situation in accordance with the provisions of this Agreement.
Art.21.3 3. The Management Committee shall meet within 48 hours of such request in order to consider the situation. It shall, at the request of any Participating Country, report to the Governing Board within a further 48 hours. The report shall set out the views expressed by the members of the Committee and by the Secretariat, including any views regarding the handling of the situation.
Art.21.4 4. The Governing Board shall meet within 48 hours of receiving the Management Committee's report. If it finds, acting by majority, that the conditions set out in Article 13, 14, 15 or 17 are fulfilled, emergency measures shall be activated accordingly.
Art.22 Article 22
Art.22.1x The Governing Board may at any time decide by unanimity to activate any appropriate emergency measures not provided for in this Agreement if the situation so requires.
Art.23 Article 23
Art.23.1 1. The Secretariat shall make a finding when a reduction of supplies as mentioned in Article 13, 14 or 17 has decreased or can reasonably be expected to decrease below the level referred to in the relevant Article. The Secretariat shall keep the Management Committee informed of its deliberations and shall immediately report its finding to the members of the Committee and inform the Participating Countries thereof.
Art.23.2 2. Within 72 hours of the Secretariat's reporting a finding, the Management Committee shall meet to review the data compiled and the information provided. It shall report to the Governing Board within a further 48 hours. The report shall set out the views expressed by the members of the Committee, including any views regarding the handling of the emergency.
Art.23.3 3. Within 48 hours of receiving the Committee's report, the Governing Board shall meet to review the finding of the Secretariat in the light of the report from the Management Committee. The deactivation of emergency measures or the applicable reduction of the demand restraint level shall be considered confirmed unless the Governing Board, acting by special majority, decides within a further 48 hours to maintain the emergency measures or to deactivate them only in part.
Art.23.4 4. In making its finding under this Article, the Secretariat shall consult with the international advisory board, mentioned in Article 19, paragraph 7, to obtain its views regarding the situation and the appropriateness of the measures to be taken.
Art.23.5 5. Any Participating Country may request the Secretariat to make a finding under this Article.
Art.24 Article 24
Art.24.1x When emergency measures are in force, and the Secretariat has not made a finding under Article 23, the Governing Board, acting by special majority, may at any time decide to deactivate the measures either wholly or in part.
Chapt.5.1x Chapter V
Art.29 Article 29
Art.29.1 1. Within 60 days of the first day of the provisional application of this Agreement, and as appropriate thereafter, the Standing Group on the Oil Market shall submit a report to the Management Committee identifying the precise data within the list of subjects in Article 27, paragraph 1, which are required for the efficient operation of the General Section, and specifying the procedures for obtaining such data on a regular basis.
Art.29.2 2. The Management Committee shall review the report and make proposals to the Governing Board which, within 30 days of the submission of the report to the Management Committee, and acting by majority, shall take the decisions necessary for the establishment and efficient operation of the General Section.
Art.31 Article 31
Art.31.1 1. The Standing Group on the Oil Market shall on a continuing basis review the operation of the General Section.
Art.31.2 2. In the event of changes in the conditions of the international oil market, the Standing Group on the Oil Market shall report to the Management Committee. The Committee shall make proposals on appropriate changes to the Governing Board which, acting by majority, shall decide on such proposals.
Art.33 Article 33
Art.33.1x Under the Special Section, the Participating Countries shall, on a regular basis, make available to the Secretariat information on the precise data identified in accordance with Article 34 on the following subjects:
Art.33.1x.a (a) Oil consumption and supply;
Art.33.1x.b (b) Demand restraint measures;
Art.33.1x.c (c) Levels of emergency reserves;
Art.33.1x.d (d) Availability and utilisation of transportation facilities;
Art.33.1x.e (e) Current and projected levels of international supply and demand;
Art.33.1x.f (f) Other subjects, as decided by the Governing Board, acting in unanimity.
Art.34 Article 34
Art.34.1 1. Within 30 days of the first day of the provisional application of this Agreement, the Standing Group on Emergency Questions shall submit a report to the Management Committee identifying the precise data within the list of subjects in Article 33 which are required under the Special Section to ensure the efficient operation of emergency measures and specifying the procedures for obtaining such data on a regular basis, including accelerated procedures in times of emergency.
Art.34.2 2. The Management Committee shall review the report and make proposals to the Governing Board which, within 30 days of the submission of the report to the Management Committee, and acting by majority, shall take the decisions necessary for the establishment and efficient operation of the Special Section.
Art.36 Article 36
Art.36.1x The Standing Group on Emergency Questions shall on a continuing basis review the operation of the Special Section and shall, as appropriate, report to the Management Committee. The Committee shall make proposals on appropriate changes to the Governing Board, which, acting by majority, shall decide on such proposals.
Chapt.6.1x Chapter VI
Art.37 Article 37
Art.37.1 1. The Participating Countries shall establish within the Agency a permanent framework for consultation within which one or more Participating Countries may, in an appropriate manner, consult with and request information from individual oil companies on all important aspects of the oil industry, and within which the Participating Countries may share among themselves on a co-operative basis the results of such consultations.
Art.37.2 2. The framework for consultation shall be established under the auspices of the Standing Group on the Oil Market.
Art.37.3 3. Within 60 days of the first day of the provisional application of this Agreement, and as appropriate thereafter, the Standing Group on the Oil Market, after consultation with oil companies, shall submit a report to the Management Committee on the procedures for such consultations. The Management Committee shall review the report and make proposals to the Governing Board, which, within 30 days of the submission of the report to the Management Committee, and acting by majority, shall decide on such procedures.
Art.38 Article 38
Art.38.1 1. The Standing Group on the Oil Market shall present a report to the Management Committee on consultations held with any oil company within 30 days thereof.
Art.38.2 2. The Management Committee shall consider the report and may make proposals on appropriate co-operative action to the Governing Board, which shall decide on such proposals.
Art.39 Article 39
Art.39.1 1. The Standing Group on the Oil Market shall, on a continuing basis, evaluate the results of the consultations with and the information collected from oil companies.
Art.39.2 2. On the basis of these evaluations, the Standing Group may examine and assess the international oil situation and the position of the oil industry and shall report to the Management Committee.
Art.39.3 3. The Management Committee shall review such reports and make proposals on appropriate co-operative action to the Governing Board, which shall decide on such proposals.
Art.43 Article 43
Art.43.1 1. The Management Committee shall review the reports of the Standing Group and make appropriate proposals to the Governing Board, which shall decide on these proposals not later than 1st July, 1975.
Art.43.2 2. The Governing Board shall take into account possibilities for co-operation within a broader framework.
Chapt.8.2 Chapter VIII
Art.48 Article 48
Art.48.1 1. The Standing Group on Relations with Producer and other Consumer Countries will examine and report to the Management Committee on the matters described in this Chapter.
Art.48.2 2. The Management Committee may make proposals on appropriate co-operative action regarding these matters to the Governing Board, which shall decide on such proposals.
Chapt.9.2 Chapter IX
Art.49 Article 49
Art.49.1 1. The Agency shall have the following organs:
Art.49.1.ax #NAME?
Art.49.1.bx #NAME?
Art.49.1.cx #NAME?
Art.49.1.dx #NAME?
Art.49.1.ex #NAME?
Art.49.1.fx #NAME?
Art.49.2 2. The Governing Board or the Management Committee may, acting by majority, establish any other organ necessary for the implementation of the Program.
Art.49.3 3. The Agency shall have a Secretariat to assist the organs mentioned in paragraphs 1 and 2.
Art.50 Article 50
Art.50.1 1. The Governing Board shall be composed of one or more ministers or their delegates from each Participating Country.
Art.50.2 2. The Governing Board, acting by majority, shall adopt its own rules of procedure. Unless otherwise decided in the rules of procedure, these rules shall also apply to the Management Committee and the Standing Groups.
Art.50.3 3. The Governing Board, acting by majority, shall elect its Chairman and Vice-Chairmen.
Art.51 Article 51
Art.51.1 1. The Governing Board shall adopt decisions and make recommendations which are necessary for the proper functioning of the Program.
Art.51.2 2. The Governing Board shall review periodically and take appropriate action concerning developments in the international energy situation, including problems relating to the oil supplies of any Participating Country or Countries, and the economic and monetary implications of these developments. In its activities concerning the economic and monetary implications of developments in the international energy situation, the Governing Board shall take into account the competence and activities of international institutions responsible for overall economic and monetary questions.
Art.51.3 3. The Governing Board, acting by majority, may delegate any of its functions to any other organ of the Agency.
Art.52 Article 52
Art.52.1 1. Subject to Article 61, paragraph 2, and Article 65, decisions adopted pursuant to this Agreement by the Governing Board or by any other organ by delegation from the Board shall be binding on the Participating Countries.
Art.52.2 2. Recommendations shall not be binding.
Art.56 Article 56
Art.56.1 1. The Standing Group on the Oil Market shall carry out the functions assigned to it in Chapters V and VI and any other function delegated to it by the Governing Board.
Art.56.2 2. The Standing Group may review and report to the Management Committee on any matter within the scope of Chapters V and VI.
Art.56.3 3. The Standing Group may consult with oil companies on any matter within its competence.
Art.57 Article 57
Art.57.1 1. The Standing Group on Long Term Co-operation shall carry out the functions assigned to it in Chapter VII and any other function delegated to it by the Governing Board.
Art.57.2 2. The Standing Group may review and report to the Management Committee on any matter within the scope of Chapter VII.
Art.58 Article 58
Art.58.1 1. The Standing Group on Relations with Producer and other Consumer Countries shall carry out the functions assigned to it in Chapter VIII and any other function delegated to it by the Governing Board.
Art.58.2 2. The Standing Group may review and report to the Management Committee on any matter within the scope of Chapter VIII.
Art.58.3 3. The Standing Group may consult with oil companies on any matter within its competence.
Art.59 Article 59
Art.59.1 1. The Secretariat shall be composed of an Executive Director and such staff as is necessary.
Art.59.2 2. The Executive Director shall be appointed by the Governing Board.
Art.59.3 3. In the performance of their duties under this Agreement the Executive Director and the staff shall be responsible to and report to the organs of the Agency.
Art.59.4 4. The Governing Board, acting by majority, shall take all decisions necessary for the establishment and the functioning of the Secretariat.
Art.60 Article 60
Art.62 Article 62
Art.62.1 1. Unanimity shall require all of the votes of the Participating Countries present and voting. Countries abstaining shall be considered as not voting.
Art.62.2 2. When majority or special majority is required, the Participating Countries shall have the following voting weights:
Art.62.2.ax [TAB]General voting weights[TAB]Oil Consumption voting weights[TAB]Combined voting weights
Art.62.2.bx Australia[TAB]3[TAB]1[TAB]4
Art.62.2.cx Austria[TAB]3[TAB]1[TAB]4
Art.62.2.dx Belgium[TAB]3[TAB]1[TAB]4
Art.62.2.ex Canada[TAB]3[TAB]4[TAB]7
Art.62.2.fx Czech Republic[TAB]3[TAB]1[TAB]4
Art.62.2.gx Denmark[TAB]3[TAB]1[TAB]4
Art.62.2.hx Finland[TAB]3[TAB]1[TAB]4
Art.62.2.ix France[TAB]3[TAB]6[TAB]9
Art.62.2.jx Germany[TAB]3[TAB]8[TAB]11
Art.62.2.kx Greece[TAB]3[TAB]0[TAB]3
Art.62.2.lx Hungary[TAB]3[TAB]1[TAB]4
Art.62.2.mx Ireland[TAB]3[TAB]0[TAB]3
Art.62.2.nx Italy[TAB]3[TAB]5[TAB]8
Art.62.2.ox Japan[TAB]3[TAB]14[TAB]17
Art.62.2.px Korea (Republic of)[TAB]3[TAB]1[TAB]4
Art.62.2.qx Luxembourg[TAB]3[TAB]0[TAB]3
Art.62.2.rx The Netherlands[TAB]3[TAB]1[TAB]4
Art.62.2.sx New Zealand[TAB]3[TAB]0[TAB]3
Art.62.2.tx Portugal[TAB]3[TAB]0[TAB]3
Art.62.2.ux Spain[TAB]3[TAB]2[TAB]5
Art.62.2.vx Sweden[TAB]3[TAB]2[TAB]5
Art.62.2.wx Switzerland[TAB]3[TAB]1[TAB]4
Art.62.2.yx Turkey[TAB]3[TAB]1[TAB]4
Art.62.2.zx United Kingdom[TAB]3[TAB]5[TAB]8
Art.62.2.aax United States[TAB]3[TAB]43[TAB]46
Art.62.2.abx Totals[TAB]75[TAB]100[TAB]175
Art.62.3 3. Majority shall require 60 per cent of the total combined voting weights and 50 per cent of the general voting weights cast.
Art.62.4 4. Special majority shall require:
Art.62.4.a (a) 60 per cent of the total combined voting weights and 57 general voting weights for:
Art.62.4.a -the decision under Article 2, paragraph 2, relating to the increase in the emergency reserve commitment;
Art.62.4.a.i -decisions under Article 19, paragraph 3, not to activate the emergency measures referred to in Articles 13 and 14;
Art.62.4.a.ii -decisions under Article 20, paragraph 3, on the measures required for meeting the necessities of the situation;
Art.62.4.a.iii -decisions under Article 23, paragraph 3, to maintain the emergency measures referred to in Articles 13 and 14;
Art.62.4.a.iv -decisions under Article 24 to deactivate the emergency measures referred to in Articles 13 and 14.
Art.62.4.b (b) 66 general voting weights for:
Art.62.4.b.i -decisions under Article 19, paragraph 3, not to activate the emergency measures referred to in Article 17;
Art.62.4.b.ii -decisions under Article 23, paragraph 3, to maintain the emergency measures referred to in Article 17;
Art.62.4.b.iii -decisions under Article 24 to deactivate the emergency measures referred to in Article 17.
Art.62.5 5. The Governing Board, acting by unanimity, shall decide on the necessary increase, decrease, and redistribution of the voting weights referred to in paragraph 2, as well as on amendment of the voting requirements set out in paragraphs 3 and 4 in the event that
Art.62.5.ax -a Country accedes to this Agreement in accordance with Article 71, or
Art.62.5.bx -a Country withdraws from this Agreement in accordance with Article 68, paragraph 2, or Article 69, paragraph 2.
Art.62.6 6. The Governing Board shall review annually the number and distribution of voting weights specified in paragraph 2, and, on the basis of such review, acting by unanimity, shall decide whether such voting weights should be increased or decreased, or redistributed, or both, because a change in any Participating Country's share in total oil consumption has occurred or for any other reason.
Art.62.7 7. Any change in paragraph 2, 3 or 4 shall be based on the concepts underlying those paragraphs and paragraph 6.
Art.63 Article 63
Art.64 Article 64
Art.64.1 1. The expenses of the Secretariat and all other common expenses shall be shared among all Participating Countries according to a scale of contributions elaborated according to the principles and rules set out in the Annex to the "OECD Resolution of the Council on Determination of the Scale of Contributions by Member Countries to the Budget of the Organisation" of 10th December, 1963. After the first year of application of this Agreement, the Governing Board shall review this scale of contributions and, acting by unanimity, shall decide upon any appropriate changes in accordance with Article 73.
Art.64.2 2. Special expenses incurred in connection with special activities carried out pursuant to Article 65 shall be shared by the Participating Countries taking part in such special activities in such proportions as shall be determined by unanimous agreement between them.
Art.64.3 3. The Executive Director shall, in accordance with the financial regulations adopted by the Governing Board and not later than 1st October of each year, submit to the Governing Board a draft budget including personnel requirements. The Governing Board, acting by majority, shall adopt the budget.
Art.64.4 4. The Governing Board, acting by majority, shall take all other necessary decisions regarding the financial administration of the Agency.
Art.64.5 5. The financial year shall begin on 1st January and end on 31st December of each year. At the end of each financial year, revenues and expenditures shall be submitted to audit.
Art.67 Article 67
Art.67.1 1. Each Signatory State shall, not later than 1st May, 1975, notify the Government of Belgium that, having complied with its constitutional procedures, it consents to be bound by this Agreement.
Art.67.2 2. On the tenth day following the day on which at least six States holding at least 60 per cent of the combined voting weights mentioned in Article 62 have deposited a notification of consent to be bound or an instrument of accession, this Agreement shall enter into force for such States.
Art.67.3 3. For each Signatory State which deposits its notification thereafter, this Agreement shall enter into force on the tenth day following the day of deposit.
Art.67.4 4. The Governing Board, acting by majority, may upon request from any Signatory State decide to extend, with respect to that State, the time limit for notification beyond 1st May, 1975.
Art.69 Article 69
Art.69.1 1. This Agreement shall remain in force for a period of ten years from the date of its entry into force and shall continue in force thereafter unless and until the Governing Board, acting by majority, decides on its termination.
Art.69.2 2. Any Participating Country may terminate the application of this Agreement for its part upon twelve months' written notice to the Government of Belgium to that effect, given not less than three years after the first day of the provisional application of this Agreement.
Art.71 Article 71
Art.71.1 1. This Agreement shall be open for accession by any Member of the Organisation for Economic Co-operation and Development which is able and willing to meet the requirements of the Program. The Governing Board, acting by majority, shall decide on any request for accession.
Art.71.2 2. This Agreement shall enter into force for any State whose request for accession has been granted on the tenth day following the deposit of its instrument of accession with the Government of Belgium, or on the date of entry into force of the Agreement pursuant to Article 67, paragraph 2, whichever is the later.
Art.71.3 3. Accession may take place on a provisional basis under the conditions set out in Article 68, subject to such time limits as the Governing Board, acting by majority, may fix for an acceding State to deposit its notification of consent to be bound.
Art.73 Article 73
Art.73.1x This Agreement may at any time be amended by the Governing Board, acting by unanimity. Such amendment shall come into force in a manner determined by the Governing Board, acting by unanimity and making provision for Participating Countries to comply with their respective constitutional procedures.