Viadrina Logo
Jura Logo
Foto Logo

Article Comparison - International Natural Rubber Agreement

Article 61
Entry into force

1. This Agreement shall enter into force definitively on 29 December 1995 or on any date thereafter, if by that date Governments accounting for at least 80 per cent of net exports as set out in Annex A to this Agreement, and Governments accounting for at least 80 per cent of net imports as set out in Annex B to this Agreement, have deposited their instruments of ratification, acceptance, approval or accession, or have assumed full financial commitment to this Agreement.

2. This Agreement shall enter into force provisionally on 29 December 1995, or on any date before 1 January 1997, if Governments accounting for at least 75 per cent of net exports as set out in Annex A to this Agreement, and Governments accounting for at least 75 per cent of net imports as set out in Annex B to this Agreement, have deposited their instruments of ratification, acceptance or approval, or have notified the depositary under paragraph 1 of Article 60 that they will apply this Agreement provisionally and assume full financial commitment to this Agreement. The Agreement shall remain in force provisionally up to a maximum of 12 months, unless it enters into force definitively under paragraph 1 of this Article or the Council decides otherwise in accordance with paragraph 4 of this Article.

3. If this Agreement does not come into force provisionally under paragraph 2 of this Article by 1 January 1997, the Secretary-General of the United Nations shall invite, at the earliest time he considers practicable after that date, the Governments which have deposited instruments of ratification, acceptance or approval or have notified him that they will apply this Agreement provisionally, to meet with a view to recommending whether or not such Governments should take the necessary steps to put this Agreement provisionally or definitively into force among themselves in whole or in part. If no conclusion is reached at this meeting, the Secretary-General of the United Nations may convene such further meetings as he considers appropriate.

4. If the requirements for definitive entry into force of this Agreement under paragraph 1 of this Article have not been met within 12 calendar months of the provisional entry into force of this Agreement under paragraph 2 of this Article, the Council shall, not later than one month before the end of the 12-month period mentioned above, review the future of this Agreement and, subject to paragraph 1 of this Article, by special vote, decide:

(a) to put this Agreement definitively into force among the current members in whole or in part;

(b) to keep this Agreement provisionally in force among the current members in whole or in part for an additional year; or

(c) to renegotiate this Agreement.

If no decision is reached by the Council, this Agreement shall terminate at the expiry of the 12-month period. The Council shall inform the depositary of any decision taken under this paragraph.

5. For any Government that deposits its instrument of ratification, acceptance, approval or accession after the entry into force of this Agreement, it shall enter into force for that Government on the date of such deposit.

6. The Executive Director of the Organization shall convene the first session of the Council as soon as possible after the entry into force of this Agreement.