248 



4. The expenses incurred in connection with cooperative research or 

 development projects undertaken in accordance with the provisions 

 of Article IV, paragraphs (d) and (e) unless otherwise available 

 shall be determined and paid by the Members in the form and propor- 

 tion to which they shall mutually agree. Cooperative projects shall 

 be submitted to the Council of the Organization prior to implementa- 

 tion. Contributions for cooperative projects shall be paid into a trust 

 fund to be established by the Organization and shall be administered 

 by the Organization in accordance with the Financial Regulations and 

 Rules of the Organization. 



5. The expenses of experts invited, with the concurrence of the 

 Director-General, to attend meetings of the Council, committees or 

 working parties in their individual capacity shall be borne by the 

 budget of the Organization. 



Article VIII 



AMENDMENTS 



The Indo-Pacific Fisheries Council may amend this Agreement by a 

 two-thirds majority of all the Members of this Council, any amend- 

 ment becoming effective only after concurrence of the Council of the 

 Organization unless the latter considers it desirable to refer the 

 amendment to the Conference of the Organization for approval. An 

 amendment shall become effective as from the date of the decision of 

 the Council or Conference of the Organization as appropriate. How- 

 ever, any amendment involving new obligations for Members shall 

 come into force with respect to each Member only on acceptance of it 

 by that Member. The instruments of acceptance of amendments' 

 involving new obligations shall be deposited with the Director-General 

 of the Organization who shall inform all the Members of the Indo- 

 Pacific Fisheries Council as well as the Secretary-General of the 

 United Nations of the receipt of acceptances and the entry into force 

 of such amendments. The rights and obligations of any member of 

 the Indo-Pacific Fisheries Council that has not accepted an amend- 

 ment involving additional obligations shall continue to be governed 

 by the provisions of this Agreement as they stood prior to the 

 amendment. 



Article IX 



ACCEPTANCE 



1. This agreement shall be open to acceptance by Member Nations 

 and Associate Members of the Organization. 



2. The Council may, by a two-thirds majority of its membership, 

 admit to membership such other nations that are Members of the 

 United Nations as have submitted an application for membership and 

 a declaration made in a formal instrument that they accept this 

 Agreement as in force at the time of admission. Participation by 

 such nations in the activities of the Council shall be contingent upon 

 the assumption of a proportionate share in the expenses of the Secre- 

 tariat, as determined by the Organization. 



