220 



7. Thereafter, within a period not less than sixty days before the 

 regular meeting of the Commission which precedes the biennium, the 

 Executive Secretary shall submit to each Contracting Party a draft 

 biennial budget together with a schedule of proposed assessments. 



8. The Commission may suspend the voting rights of any Contract- 

 ing Party when its arrears of Contributions equal or exceed the amount 

 due from it for the two preceding years. 



9. The Commission shall establish a Working Capital Fund to fi- 

 nance operations of the Commission prior to receiving annual contri- 

 butions, and for such other purposes as the Commission may deter- 

 mine. The Commission shall determine the level of the Fund, assess 

 advances necessary for its establishment, and adopt regulations gov- 

 erning the use of the Fund. 



10. The Commission shall arrange an annual independent audit of 

 the Commission's accounts. The reports of such audits shall be re- 

 viewed and approved by the Commission, or by the Council in years 

 when there is no regular Commission meeting. 



11. The Commission may accept contributions, other than provided 

 for in paragraph 2 of this Article, for the prosecution of its work. 



Article XI 



1. The Contracting Parties agree that there should be a working 

 relationship between the Commission and the Food and Agriculture 

 Organization of the United Nations. To this end the Commission shall 

 enter into negotiations with the Food and Agriculture Organization 

 of the United Nations with a view to concluding an agreement pur- 

 suant to Article XIII of the Organization's Constitution. Such agree- 

 ment should provide, inter alia, for the Director-General of the Food 

 and Agriculture Organization of the United Nations to appoint a 

 Representative who would participate in all meetings of the Com- 

 mission and its subsidiary bodies, but without the right to vote. 



2. The Contracting Parties agree that there should be co-operation 

 between the Commission and other international fisheries commissions 

 and scientific organizations which might contribute to the work of the 

 Commission. The Commission may enter into agreements with such 

 commissions and organizations. 



3. The Commission may invite any appropriate international organi- 

 zation and any Government which is a member of the United Nations 

 or of any Specialized Agency of the United Nations and which is not 

 a member of the Commission, to send observers to meetings of the 

 Commission and its subsidiary bodies. 



Article XII 



1. This Convention shall remain in force for ten years and thereafter 

 until a majority of Contracting Parties agree to terminate it. 



2. At any time after ten years from the date of entry into force 

 of this Convention, any Contracting Party may withdraw from the 

 Convention on December thirty-first of any year including the tenth 

 year by written notification of withdrawal given on or before Dec- 

 ember thirty-first of the preceding year to the Director-General of the 

 Food and Agriculture Organization of the United Nations. 



