SAINT VINOEN'l' AND THE GRENAPINES

~0T NO; .11 OF l!lS-1

IAs~t,

[L.S. l ]

GlMIfIrnOr-General.

14th July, 1981.

AN A<;JT to provide for the ,implementation by the Stateof S~~et\t ll~tfl'e'-GP~affitte$"of ai.t~gl'~metit estab­lishing the Caribbean Food Corporation,

[(2fJtlf Jhlf; rgg1. ]'

W~ :hIr '-tit'efil<MBg\tbe" ~ltfuIt\iriP ':P~rammeas : :o~ecl!:in :r'ArtWkf4g :df' 't1te' AYuid' ib' ·tRtY 'ft~'ht~estiWliUiq i -tl'Ht ~ QirdbJoottjf 'F&~.06~h1t · :a11'~has been entered into, on the ~8th Al!g,ust.-llfifj'-fttl' G'etJtt(e:.town, Guyana with the_ .State, of 'Saint Vfncent and theGi'~IUWWJ:,~ e<mtraetitt~.ltft~.. ~o;

ANDr' W.llmtBAS iit. Pti~~~ · ot' tfura~fi' :rOt)' ofArticle 4 of the saiEf'·ll~Itt~:ttt~ tlie~ stltte'- ofTI~Vintl'e'.tttand the Grenadines has become, a .member of the- CaribbeanFoEid'!Co"raU~;

Mtrl-' .~MJABl·i~~ -hlll~V .~~: ~~' -grive'statat~'ncOlfn~~ ~~d,b~'lj~gt· ·t'6 tlffi'-.etta.,_, _, __ .: efl't rtf.theLsaill ~11oWloQafa 1Nem'~rSffflt 't'Ifuretm Bf:'8fJ.-tfii. tatit relates to the State of Saint Vin~'8ii1CF!the--'drM1a't'l_and for matters connec'ted therewith.

No, 11.

50

Caribbean Food Corporation (Samt Vincent) 1981.

Short title.

Interpreta­tion.

Approval ofAgreementandmembership.

OaribbeanFoodCorporationdeemedjudicialperson.

BE IT ENACTED by ~the 'Queen's! Most Excellent~~~styjA~ -al1d;-,with the a.a~ice~ali:dconsent of the Houseof As-scllibly 'dr: 'Saint VincElit:tllc1J.tid'it.h~ Grenadines, and bythe alltlib:rftY"~of the same .as·~folld\VBt'-

1. This Act may be cited as the Caribbean Food Cor­poration (Saint Vincent) Act. 1981.

2. In this Act, unless the context otherwise requires,-

(a) "Agreemen't" means the Agreement establishingthe Caribbean FoodDorporatien entered; into at Georgetown,Guyana on the 18th August, 1976, the text of'which is set outin the Schedule and where 8}J,~.~.11Mre~enthas been modifiedor amended with the concurrence of the State of Saint Vincentand the Grenadines, the agreement as so amended;

(b) "Corporation" means the Caribbean Food Cor­p<Wation established by the Agreemen't;

(c) "Saint Vincent" means the State of SaintVincent and the Grenadines;

(d) <'Schedule" means the Schedule to 'this Act.

3. (1) The Agreement establishing the Caribbean FoodCorporation, as set .out in the Schedule is hereby approved.

(~), 'J'he acceptance by, the State of Sain't Vincentan/L'tne,' ttreh~dines ,oj the membership of,.th~ Corporationinpl1rsuRJ;l,ce q(pa,ragraph 1(a) of Article 4 Qf;the Agreementis hedby. approved..

(3) The provisions contained in the agreement shall,in so far as it relates to Saint Vincent and the Grenadinesand to the extent it may be necessary for. the implementationoftne:AgreeirU:lrit, have the force of law.

4. The Caribbean Food Corporation shall" 'in the terri­tory of Saint Vincent be deemed to be a judicial person andmay, -subjecttps);lch coniJ.j.tions and ·re~trictio.IlSas the Govern­mel;t?t '~a,t%;X}:t:lc~nt mayiIl!:pQS6,; ~;e~cise:;.its righ'ts ~ssucH ,1J;lcludlllgaIl.. ()f a,nyof the -rights· referred, tom·ArtIcle a or the Agreement.

No. 11.

51

Caribbea'nFood Corporation (Saint Vincent) 1981.

5. H in any proceedings a question 'arlses'Rs'lotpeentitlement of the Corporation oranY'o-tlierpersoIl 'to;~hyimririmity· or' privilege granted by this. Act,a cet,Hfiea'te; ;s~tledby or unclerthe authority' o~ the' Ministei" re~ponsi'ble'-'l:brForeign Mairs stating that the 'Corpo'ratiinior, oth~riJ~r~'~nis or is not so entitled shall be conclusive ivideric'e M"thefact certified.

6. (1) All. p'8.yments' required to be made by JneGovernmen't to the Cor:pOJ:'lltjon in, respect of the obligationsof Saint "Vincent under,jthe'.A:greement are hereby chargedon and shall be payable out of the Consolidated Fund

(2) All sums receiYEld .~y the Government from theCorporation under or in' pursuance of the Agreement shallbe paid in'to the Consolidated Fund.

(3) The expenditure or other financial liability tobe met or. obligations.to be undeetaken 'by the Goverl:ulJ;entof Saint Yincentfor the .purpose 6f implemsntation' bJ'tlieagreement sh,all be deemed .to .be properly in-cul'tadr '6I'tltifiuer­taken as the case .may: be;

7. (1) Where an amendment of the Agre!1m.ent isaccep~ed,(by, the .Government, .the Minister mb.1y;','ibj"fuqer,amendfheSehedula for the purpose ofineludi'ngthe'amei'J:d.ment,

(2) An Order made under this section. Illay ,~pntainsuch eonsequential.. supplemental or ancillary provis1t>ns asap~ear ~o:the Minister to benecessawor expedieiit: ,1qrgI'Yl~~.e:ltect .to t~e amendment spd m:ay in '.pa~ticu'~rcO'tf~~provisions amending references III this Aet tOi-speetfie· 'Pl'o'\1i.sions of the Agreement.

, (3) Where the Schedule is amended" in" liMotdaiiaewi~h this; Section, any referenceintbis Aetof in an1'OthereriactlIlerit or .in all.y:~tr.ument ha'lting effect '~de:t"a.nYsuch enactment shall,unlesa the 'hontext''Othet'wi~e 'Tequi~',be construed as a reference 'to the Agreement as so amended.

, .', ,(~), Ip;this,~ec~n and, in seotion,g, "Ministet"" meanst~el' m~~,~l>.~r '9•.~t~~" 'Cabinet to. whom' responsihili1lY'foi:Aiffl­en ture ~s: asSlgJ1ell

Proof ,6fen!t~~~mqmto nnmum-ties andprivileges.

Finaneialprovisions.

Implementa­tion ofamendmentsto theAgreement.

~P. 11.

POWtr t~

da~tiel.

52

ClW»~F>Qod ,aQJ;p~tiofl (S.&~t ViMot)

9. The Minister may make Regulations for the purposeof gj.vin~ e~c't ,toijlepilfQ-v~sipn~ qfthM Act.

8QB~11j,E

Agree:m.eIlt Establishing The Caribbean Food Corporation

:Preantble

The Contracting 'Parties', being Governments of theMember States of .the Caribbean Common Mallket;

~~joDllJof the !ie.ed. to adopt a scheme f~t·the,ratiQn­81i~i«m ,m,agrwtflt1lral p~ionwithin.~~ iRegionwitha ~ttW:jo JJf.~Il8 6QmPlemental'i'ty in national agri~Tllturalprogrammes as contemplated in Altticl~49 of the :Annex tothe Treaty Establishing the Caribbean Community:

~<4:lpgihft lt1al'ming rate .of ino1'9,ase 'ip. ~he· inn'Qrtation~'riir~ml~ft}'.'Dmduc1liliIjLto the Reg~n eansed 'to someextent by the inadequate methods and practices of farmingon a large or small scale in the past;

M~ ~lhe ~ed toiMrease agp~6'~ltural production~t,m·tA~~e~n':,aft,tofaeilit&te thetp.a!'lspol'tation~distri­"~.,iOOJ"iM~tl~g'of1he prod'lle'ts thereof withm .andWl\l1.OlAl~ ~gi.-M;

C?nsidering that while any such schfWle .should be~~~a;~ soaimeroial basis fall adva~t6g~.sh,Q'RI!l~~ip.~ ~ \hellt.toolliRl o·f lIhe .s&~eme;for assis1(i1jgjwthe4W~nl·~,wntH ;:iannmge<U-terppise$ &J;ld the qe-velopmcntar;~Jlt.,~'l.'M 'l't&o1,J~lt ,of :the .gion;

De'termined to remedy the. situation ,l>y ~i~Il'. advanced~ <b\. ;ftnP.,ilelWlnt.8,' lI~ble~ an£} ,~~~t~im~!>~ ,~~l~~

-~a~~;~~:ti~~l~:i~~~~:!~l~~' "~~l)lacing or competing with national e1forbl;

N6.11.

53

Oaribbean ,FQod {lorpor.a,tioti .(Saint Viiwellt) iII1.

lIave :-.reed "as fQU(lW>S:

GHAPTBR .1

Esta.b1ishm~nt, Objectives, MembersbUJ aml Powers ofOorporation

Esta.blishment

By ,this .'~l'eement the CQu'tracUUg fP4rt~ ~t,a.blishr:&~ribbe.an:b~d ~pQra:tlon havw-g, 'the objectives,. ,me.lQ~­~antl '»Owe:rs h~inalter ,.,peeiti:ed.

.a.rtiBle 2

Interpretationed Application

1. In ''this A/P'eem:imt'· unless .thec6:tl'te:ltt otherwise~eauires":'"

(a) "agricultural production" includes the -produe­tionof fish and .meat ;

O~)'!O&JnmOJi .rMaf4et t' . ·:me;&:.D<ll 'jthe Caribbean

Qom.:frlQn lhmlet established .by. the Annex to theTreat,.;

(~) ~CofporlitiOn" means theCattibbean 'Food Cor­poration' established by.A.rtkle 1;

(d) it'doTIaft' means a dollar in 'UJ,e territory of theprincipal office of the Corporation;

~)"fi~ancla.\yeaJ.'"fr.:means ,the.fperiQd .Jltnuary 1 toDectm1,l)er31, unless the .Boa-ltd of Directorsotherwise determines ,

(f) i"Le!'1S Deve~ped·Countries" or "LDC's" hasthe same meaning as in Article 3 of the Treaty;

(g) "Member 'Country" means any Country which4ligns ". or ,ac.c~pts er .aceedes to this Agreement;

(JJ.) "M;oJ;e. De.velq~Q., COJlll,tr~/' Q.tr. "xeD's" has'toe same meaning as inAtticl~t.'3c<oft1ie Treaty;

No. 11.

54

Caribbean' Food Corporation (Saint Vincent) 1981.

._------------------------------.,(i) "Region" means the States eomprisihg the

membership of the' Oonimon Market;

(j) "Secretary-General" means the Secretary-Gen­eral of the Dal'i,bbean Community established bythe Trea'ty;

(k) "Treaty" means the Treaty establishing theCaribbean cro~y done at Ohaguaramas onthe 4th July, 1973.

2. Any question of interpretation or application of thepr.oViMonsof' thIs :Agreement' not otherwise expressly. pro­"fided for shall lie submitted to the Board of Governors. fordecision by a simple majority of.thetotal number of Governors.

.A.i1:mt! 3

Objectives

The Corporation shall have as .its objectives: the pro­duction, processing, packing, storage, transportation,' distri­bution and marketing of food, and without limiting thegenerality; of the foregoing, the. following-

(a) identifying, planning and implementing all stagesof agricultural 'prodiIction'sehemes ", and anyschemes relating· thereto and, cin/ pursuing 'theforegoing, to co-operate with national agencies;

(b) mobilising funds, technical and managerial skills~r'omi Withinand,without. the' Region to promo'te,finance and implement agricultural productionschemeS;

(c) organising and facili ta ting the bllik purchase ofa:gri'il\i1tural inputs as' well as •'the marketing andother' 'services a~bcia:ted with agricultural pro­duction schemes.

Article 4:

Membership

1. Membership 01 the Corporation slum'be open to­

(~) tlle Cou:ntri'es listedin·tbe Annex to 'this Agree­ment ;

No.1!,

55

Caribbean Food .Cor:porati~n (Samt Vincent) 198}.

(b) new ,Members of the Common Market or of theCommunity;

(e) Associate' Members of the Common Market andother Countries having a speeial-relationship withthe Common··Market or with.the Community,

2. ,The Countries Hsted i1,1 the Annex to this Agreement,the Go\+ernmentsof which. 'sign this Agreement, in -aecord­ance with paragraph 1 of Article 38 or accept the' said Agree­mentin accordance with paragraph 3 of the said Article 38shall become Members of the Corporation.

3. 'Countries' admitted as new Members of 'the CommonMarket or of the Community may become Members of theCorporation in accordance with Article 40 of ;this Agreement.

'4. Associate Members of 'the CommonMarket and otherCountrieshavi'l1'g a special 'relationship with the CommonMlfrkb'toriWith the Community may bacorn,e Members of theCorPoration in aeeordancewith Article 41 of 'this Agreement.

Article D

Powers and Functions

Innrder rto achieve its objectives, the Corporation shallhave power .......

(a) itself or through its subsidiaries -to operatewithin the' Common Market '01'/ 'iii ·fur'theranceof its objectives outside thereof, including inparticularvpower to"""-

(i) make investments;

(ii) establish, manage and operate enterprises;

(iii) lmgage inactivities for the 'purchase, process­ing,'tr-ansportation, marketing and distribu­tioll"of .products ;

(iv) engage ,m financial operatioas,

(v) ~ngage iii i'my otheracti'Vitjrelated to itsobjectives' ;

NOo11.

51.

C8.1Ubea- EIWC~ (&iUt. YindfiJit)

(D) to. ant as. 8.igle1l1:., fo" any got'ermuent:; or anygovernment authority;

~c) to~ '&ell~ ~gtl:orr ot.e~ .dilposet)f. the) under­takbl.g~ ~ltty, &s&etS)'ri.gb.ti-AI1d;,e«ects of theCQlr~atiw. or aD.Y;p8lrtGll~ :llClif such con­sideration, if any, as it thinks fit;

(<t) tQ1i.n~' on- ass~; lUI flnan~fug.: the sale ofe'qqw~ent, maehirifill'y" 'vehiaIe&- CQlll1U.Olf'J.UeIir or~y: o'thelt tanl{P>k personel, p,tOP6J:ty Ilj' \va¥of 'purcha.s~aW1 resale, .Ieasing, hire plircliase;deferred" payment or any otfier similar trans­aeuclD.. and to institute,..-enter. :i.n:oo,. cany en,iinaue ~ assist it\. :OJJ:allcing, the sale and main.t~anee. 0Ii e~Millmenti .nul,chiner-y, vehicles, com­modities or any other tangible personal pro­pert1" upon, any terDl,ri whatsooveF j ' tQ- acquire~d .disehaege. leases, . hire purchaser deleried.PJ~pent. or.' other ag,r;ooPl.ents-- or any. r~'thelreundu whsther DJ:QWie1My, OJ: contx:actual;,

(e) to establish branches, agencies, representativeoffices, affiliates 'aml'~idiary companies in anyMember Countryand to regulate and discontinuethe same,

(~)~ w,a_l~at61en!te'n'intoian,..Pflntnelship·or anyarrangement for sharing profits, unioDl o~. in:-­terests co-operation, joint venture, reciprocalor· mMl'i9\!>.ise, wWlt any, P~SElil,p-.rtbe'D8'hip or(}Ompa~ ",116~J sU6h,~aig#j.aIlalibflt,i partnershlporr a.~~ent ~y s-e.tmb .• Mnduftiv'~ to any ofthe Corporation'a eb~>8S;

(g) to form, promote, finance and assist companies,co-operatives and' partnerships ,

{li~ to sul1scri:lte for; purehasa .01'-- othe1'wi-se acquirea~ bald.,: ~ e5ela&llgeli t1'6lil6W, ,~ign Ol!

Q~nw.iQQ.diBnos~, 0f" antI, g~r;kl.l$ deal in thebonds, debenturesj, 8'~kii, :.cs~.s or othersecurities of any _bank, corporation" company,co-o:p~ ar" ~t~ and1 wflUe suchow;net,;t.c;n,e~e~er,all; tha, righ:ts..,.pf, ownershipmcfudfug' the right to voti,:,

57

OuibbYatt:Eooll £6~ti()n ;(&mt:VibJea'tJ)

(i) to do ML:~s .,oi,,'thtHilWYe things within orwithout the Region and either as principal, agent,:ti!ttaw'Ol'-;rothetwii6ranG flithklndalQDerkili' in[ con­j~Mn ltith, othtll'.Scand ''ftithM,Dt, ri>1'l ,rtlltraJlgit,agents, "tn~, Ol' ]ottitiWisfJtl

(j) 1iQ;d0".8ll~slleh ~l'! tldn«s! 88';may" be it@$ideretlW be i~demeJ ,or'c~dueive:tll. the iellter.I'Gfthe,ra~o~ P.d~1.;0l' .an:r! .of.them.i

And it is hereby declared that the w-otd i,'e@1P,IWYV"il!l:,.utiB

Article shall be deemed to include any body of personswlteijt.er . cOl'porare i OO! 'l1nin~p<Xratei;; andi 1th", thu' p«wers~cjtwd in. tt~T CUfferellt 'PltJ'agJ.,'aplls iof, tbiil' ,:tr1;~leU6hl8Uiexcept where otherwise expressed in such :~J»"t3flilf~Pbf;; 19fi ~bl~be in no wise limited by reference to any other paragraphsor the iame of the Corporation, but may be carried out inas full and ample a manner and shall be construed ill as widea ~ri&~di6 if eaeh of the said paragraphs defiilea'lth~ powersof a.,~pa.nate, distinct and independent comp,an.,y,.

CHAPTER II

Ca.pital and Other Resources

AI*le~6

&u1h~Oapitd

l..'1'ne .authorised. c~P~tlU.:of, the. CorporJJ,t~~ .S$,aU, 'P,~one Inindred minion dollar's.' 1'he authorised capitaJ. .:sl1Ml"b~divided into shares of one thousand dollars each, ·the iilitia1isau~.,whitlhr.ll' .Dei I1NaiWlk'!fQ1'; suhsMptmn'1)nl;: byMember-,·QOIU'JIiries in,aooorilanoa; '\t.itl1' the 1ltDv:i&iMIB 'mrArticle 7 of this Agreement. .

2. The:)a-uihm>jsed~:tiitalJ ~y be :mcreued' b~ 'tMBoard of Governors on the recommendation of the Board of~.

lHl.

58

~a:uihlHmrt,tFood r(Mtporatooll "('SaintVfucent)

Article 7

'InitiaL 'Issue 'of, Shares

198"1,

1:' There' :shalI:' be an, initial 'isl:lue' (hereinafter referred'to'as '''the,inijdali'iiiQite'')I'of;share capital oftbiei • value of tenmillion dollars co:rp:pliising rof 'at least 'two.portions. The firstportion to the value of four million, four hundred and fiftythonsanddolla1,'s,shall.be 'allotted andsubsctibedkr in 'thisArtide and ill Article,S '6f this ;A'greement:., The remainderof the initial issue shall be available. for allotment and sub­scription in a manner and at a time as the Board ofDirectors 'tnaydeteriniMo

2Jn THe :first portion l).f the initia;l' iSsl1~" taken nt> Byth~'MDO$," Belise and LDCs (other than Belize); shall' birallot'tedas, follows':

.Barbados

Guyana

Jamaica

Trinidad and Tobago

Belize

LDCs (other than) ~lize]

*500,000

1,250,000

1,250,000

1,250,000

100,000

100,000

3. In respect of 'the shares allotted to the LDC's (otherthan Belize) the WISA Council of Ministers and its successoroJ;gapi!J~tion,,slia11. determine !1nd notify i~, ,writing to. thegecret~,tl'eneral'ltsundertaking to subscribe tor 'the shares'sO ',1l11o~ted;'

4.: '.,ShaTe,capital of the' iJiitial issue shall be issued atp'ar 1mles~r the Board 'of Goveinol'S" decides otherwise.

5. Liability of Member Countries on shares shall belimited' to: the, unpaid portion of their issue price.

6. Except as provided in paragraph 5 a MemberCountry shall not be liable, by reason only of its membership,for obligations of the Corporation.

No.: 11.

59

€laribbean' ,FoQd, Co1'pCM'~iOn (Saint 'iVirieelif) 1981.

ArticleS

Payment of SubsCription

1. A Member Country which has taken upshares':fromthe first portion of the initial issue shall.make payment tothe Corpenation for snehporticnwithin three l1'Veeks: after 'thetime ,presc~ib~d by, the Board of Directora for such payment.The rEiniain.a~i" 'of the initial issue shall be paid for in suchamounts and within such time as the 'Board of Directors maydetermine ,provided:that the ameunt required to be paid bya Member Country for its shares in, the remainder of theinitial issue' shall bear the 'same proportion as that Member'sshare in the first portion bears to the tdUil' subscribed shares-of th~i tirs'Jiportion.

2. ,Where,anY payment in:respecti:>fthejnitial issue ofshares is sought to be made before the holding-of the inauguralMeeting of the Board of Directors that payment shall be madeto the Government of:the plsc;e:in which the principal officeof, the r Croporation is,. Ipcated" and shall. he . held. by thatGb'fei'tlmen.Jt~ob'-behaIf\'of· the Gorp'Oratioh itiritil 'such tnn.eJasthe Board of Directors requires that payment be handedover to the Corporation.

3. Any subsequent issue of snare- capital shall be issuedat .par. valne.nnless the ,Bpa.,r;~, '()fGovernorsdecides otherwise

·'fe~:'h:~'~~:.'~b~~%ti&~~~*~:se~£flr~~~j:~f~{:~~~~lt;Member Counlries who are subscribers to 'that issue maydetermine.

AriiCle9Transfer of Shares

Shares shalliio't 'be l?l'edged or encumbered in any mannerwhatsoever and may be'tril.nsrerred only to another MemberCountry,.

Article 10

Ci'apita1Resources

1. The resoureea of· 'tlwCorpot'atioo. shalf consist of-

~rll.

~

~'1Q.i1~L-Q~;(S.ftinjt;;V~) .1.9&1.

(a) ordinary capltltt-resuurces; and

(b) loan~~,mautoes.

2, ,Ind;his Ai-t!ider,,:tilie.l!tetm-

~) '~~~tury,; oo.lritaL:ll~PUl'jlea"inrdDOles......

(i) ,'i,ss,ufd,s~~te ,G~i~l'<tt ,t1i,e, CQrp.o.r~-tl~naU6.t~Pl#'~llm"' to Art.i(ll~ '7;

(ill) JinW1{le.derived£rom.tli.e,arforem~n'tiowedf,l1MS.;

(iii) "apt.: otJl,Wi, .f.u~d.s, m: incPJ;U,er.ee:eiy,~d· by theCo~noiatiOO1; , -

(b) "loan capital resources" means funds- -oot-i'owMby the Corporation for the purpose 9,£ meetingtiny::t>t'its:,*iJgatibns' '·ffP.discf.!:lt.rgf#gl tiny ·~f its~tioog.

CH1APTERUI

,O~tWa'i·l'r.im;iP~t,~~eJlt,i;t;~~,$d,~

Article ':[1

Opera,f;ing Prineiples

1. In :p~~e'~filtSrifb~~st:}leC011>orapo~$aii~.'t. hfen.t~pfls.~·~I:ta:re'fm.a~i4'fly,vHtWe;<dtrei'egara~~nt"lpaid·it6 _~'fOIP'dWing'.: ifuPorlithtCcritei'ia:

(a) the ability of the enterprise to increase agricul­tural production, in older to achieve the greatestpossible self-'S~ieriey within the Region; and

(b) the abilffjVof'theehterpHse to produce agrieul­tural products that will .raise , the nutritionaliieve'ls;wHhiii' tful,;Rtegioli.

2. In the performance of its functions the Corporationmay-

(a)

(b)

utilise th~",~g!~~ ~~i~~lly-ownedsubsidiaries;

enter into joint enterpr1ses with national govern­~fnt.-.fgqv~eUt~I1l!ti.e8'JaJJ.dc&lt8ltutO'fyhedies ,

Nbf. u.61

~an~Frl.dHOOEpOntiOnL~S'8intJ:~)

(c) utilise wwe '~<ȴii~te the services of theCaribbean' Investment Corporation, the CaribbeanDevelopmen~<BaD.r,_>lhe Caribbean AgriculturalResearch an4~D~vcl"o.l?ment Institute and similarinstitutions Within'dr-without the Region.

1981.

3. In making investments in private enterprises, region­ally 'OWlledi' andi:oonirollM, enseeprises.ehell. be prj}feImt6l.

4. Bediore; eJ}ga.gin(Q in. afly'tmtIer»rise, iu a;. ,J!IltemberCOlpttry. the COO"PoraiioD. shailli' oJnain,th~· 'a.pprolVt8il:cO:!ii .theMember Country in .whie-hlithe: e~i'prisie is, to 'he< ;l~a'ted.

A..·12IaDefJn.~ ~es

1~ TD.e: BoardoL l)jree.tol's shall: s~btnit:floi!" $it>Plo-~al ofthe Bow of- QoVe;mwl!il,investment-pl'Qgl'M¥lmes atsui{h t.i~,awl:£or.s,\tChperiOtlsias the Boord oftGQ~tn~l~tma)r detenmine.These investment programmes shall take into account therespective policies ofM -'lIb.et''Qlmmtries within the Regionconcerning agriculture and agro-based industries.

2. The investment D!Og~~.es shall take into accountthe priority areas of activity as determined by the Board ofGovernors under Article #.

AmeJe 13

~orta

1. The Board of Difec~tp:r:s s,hall, within six rrmfiths ofthe end of each financial ,~a,,"68~n annual general meeting.At the annual gene\1&b~~gt-the.,JMmrdof Governors shallconsider the report - of -the. :Board' or Directors including anaudited statement of itsL'aooo~ i\>r the past financial yearand &hll also approve the budget of the Corporation for the'mft '6~llmeia'iiJy6a~~

2. fte:Baard qf-, DiJrectroos Bhall, with, the aWi'Q¥ALDfthe Board of Governors, publish 'the:i i ann.ualj r.epml1 of· 'theCorporation and may also publish such other reports as it~ _i~e <in the; .c~i.qLoll'b,Qi·theJP~tNes ,tJf the~oratiotJlj ~J:t·repmrts,iIhaUlJel-ti'aD8mitfBlrto~41tel1M_O!ifQ~In1'

3. The accounts of the Corporation shall be audited byauditors appointed by the Board of Governors.

N<Q~ 11.

62

Caribbean Food Corpoeation.. ~SCtUntrVincent) 19:81.

CHAPTER IV

!Borrowing

Article 14

Loans

.T:he Corporation' may .in accordance with .th'e~erJll~'ofany general authority given by the Board of Governors atthe annual igeneral meeting or from time to ,time, burrowsuch: sU1Illsas the Corporation may require for meeting-dtsobligationS or discharging itsfunetions.

Article 15

Gua,rantee of Loans

Any Member Country or group of Member Countries mayagree jointly or severally to guaranteeany borrowing of theCorporation' authorised under Article 14 of this Agreement.

CHAPTER Y

Organization and Management

Alticle16

Structure

The Corporation shall. Jia.ve.'.a Board of Governors, aBoard of Directors, a Managing' Director and such other staffas may be considered rtecEl'SSRl"y for the exercise of its.funetions,

Arliele 17Board of Governors

Composition

1. The Board of Governors shall consist of the Ministerresponsible for Agriculture of each Member Country to whichshares have been allotted or such otll.er'lperson"cl1s the Member~Coui!l:trY"fmaY' designate.

2,. Where a <Meinber 'Country fltils ,to pay ;f-Q'j;$har~!withihthc.,time'prescribedl or.fletellmined'by: A.utiele,S"ths'tMember Country shall be deemed to be in arrear.s::a:nd,$hllllforfeit its right to participate on the Board of Governors.

No, 11. Caribbean Food Corporation (Saint Vineent)' 19B1

3. A Member Coun'try W~(l xight to participate on theBoard of Governors was forfeitea .lllnder paragraph 2 of thisArti~le shall on sa1f~£Y~; ~l'ijt~:;outstanding obligat~onswithin the contemplation of that paragraph have that rightrestored.

4. At;)~aoh .annual ~eElting theiBQal'id of, Go'Ve;rn;ors. shallelect one.o.f,.th~ GQvernQtB asOhairman.who.shell-hcld. offi~euntil the .eleetion ,ofthe,n~xtChail'man.

o.Tbe 'Ohairman shall preside at all Meetings of theB.QaJ,'d, <If,~G9~ernotB,;but in the .event of his -absenee o,r: hisinability '~Q .pr~s~<le, ~~~.,(i()ye.. rnors present .andcons,ti'~utinga quorum 'shan electtrom..among: .themselves a Governor topreside at that Meeting. '

Article 18Board of G01rernors

Powers

:t The Bo~rd' of .Governors. is empowered toapproye 'theiIl;yestment pro~tam.fiIe' ~:n.'dth~ ann~al ~udget Gf, rtne Corpor.ation and toglve.,general pohcy directions to the, Board ofDirectors.

2... The,Board'of Governors 'may delegateitofhe BoardoiVDi'rectors ariy' of its powers, except the power to -

(a) admit new members and determine the termsand conditiona of1heir admission;

(b) increase 'Ule authorized capital of the Corpora­tion;

(c) decide, on questions regarding the interpretationor- application of this Agreement;

(d) determine the fees of the direc'torsand theiralternates;

(e) approve-the investment programme' and annualbudget of the Corporation;

{f) delegate any of its powers.

3. . The Board of Governors shall retain full power toeXl!reise:latttharitt ovetnanyt:power''deIega;ted to th(iBbard ofDirectors in accordance with paragraph 2 of this .Articlie'.

64

il981.

(a)

(b)

Arttcle.: 19,

Bdtrde

bf' lfIovernors

Voting and Procedure

a. Too B~i'd M: :@OlveJ1ri.ot\g, ishMl JJ.~ :Bin :ittmuil.l- gOlleralm.eGtmgl',SiJt;ei?tL ),featings 'uf ,tl1_ ~oa1id, Oil ,G~(#no~ maybe called either by thtJ,jlo:u:u~<1.f J~tl<rt4ts' '~I" :onu ll'equis~tl

of not less than three Members of the Board of Governors.

2. E'll.~hMem.ber or''tn{l Board O'f,'Gt)VifritOi'S' thaU ::ba:vethree hnnd'fud~ot~ pl'M one addition~l vme fb-:t each. 'shareheidby the)l\fe~CO'llntryhe Tepresenti'l.

3. Except as otherwise. e.;pr~s~ly provided in this Agree­ment, all matters before1he'Sblltd of Governors shall bedetermined by a maj<>rit,.~",t)e':,votingllower of the MemberCountries represented at the meeting.

4."" A majority of the total number of the Governors shallconstitUte 'a, qum.'t11l1 for allY meoth;(g p~: tpe, ~oai'd of Gover-

~~~:g:~\cii~t\T~i~~iim::!r~e~~~ 'k:J~~i'~::ilt1%~Q. ,The, Board ()~ .Governors may establi..l;h ra ;proc~ure

for oblaluiug.a ,v?>,te. on.ca, ..$pGl.ci&d q.ues'/li.Qn without,,~ng

a meeting.

A.rliclQ.2Q

Board of .Dire.ctol'$

Composition

1. Upon the~ntry into force of this. Agreement theBoard of Directors shan consist of not more than nineDirei:$orJlt "as; adHi1WB :--:

Directors appointed by or, in respect of Member~untriel'l in aeeordanee With' ttltisArtrele ;

the Secretary-General or his nominee and theManaging Director.

The;DirMtol'6 ref~l;"ila to .m.g~Mltirl@h: (h )'iihbY,Jll~~'1l0vote.

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Caribbean Food Corporation (Saint VincentJ 198t,

2. Directors shall be appointed as follows s-«

(a) each MDC upon vbecoming a Member().t theCorporation shall be entitled to appoint one.Director and one alternate Director;

(b) Belize upon becoming a Member of the Corpora­tion shall be entitled to appoint one Director andone alternate Director;

(c) in respect of the LDCs (other than Belize) theWISA Council of Ministers and its .successororganisation shall be entitled, to appoint two,Directors and two alternate Directors", if butonly if, one or more of the LDCs have taken upnot less than one hundred shares in the initialissue of shares.

3. Subject to paragraph 4 an alternate Director shallin the absence of his principal attend any meeting and shallbe entitled to vote on any matter.

4. For so long as a Member Country is deemed to be inarrears under Article 17(2), the Director appointed by thatMember Country or the Directors appointed by the WISACouncil of Ministers and its successor organisation, (in' anycase where the Member Country in arrears is anLDC (otherthan Belize) shall not participate in the business of the Boardof Directors.

5. Each Member Country entitled to make appointmentof Directors and the WISA Council of Ministers and Itssuccessor organisation shall inform the Secretary-Generalpromptly after this Agreement enters into force of 'theirappointments and such appointments shall become valid onlyupon notification to the Secretary-General.

6., Subsequent appointments to the Board of Directorsshall be communicated to, the Chairman of the Board of,Directors as soon- as possible .before the, expiration 'of,' the.term of office of 'the Director to 'be replaced.

7. .Each Director shall hold office for a term of. threeyears but shall be eligible for re-appointment.

66

Caribbean FOGd Corporation ~Saint Vincent) ,1981

8. The Board. of Directors shall.elect. a. Chairman .and. aVice-Chairman from among the Directors, and the Vice-Chair­man shall preside inthe absence of the Chairman. II)., theabsence oT t'ht:i"Cliairn:Lan and "Vice~ChaiI1nanatany.meetingth~' lllirectorsltlay elect one of their numbers, to act asGhair..an of the :meeting of the Board of Directors. Boththe Chairman _aJltlthe Vice-Chairman shalLhQld office forthree years. Both shall be eligible for re-election. TheS8t!ll~r-1'"-Gi:mera:ldr his nomiaeaand the Managing DirectorIir"~, JWt'eligiblefor election as Chairman Or Vice-Chairman.

9. Directors shall be persons of nigh competence withexperience in commercial, agricultural (ill' ManciaL matters.

1(); Directors snaIl be paid such fees and reasonable41lo.wancee forcittendingmeetings as may be approved by the:BtJa:rd of -'Governors.

11. A Miemher Country or the WISA Council of Ministersand its successor organisation may at any time revoke itsappointment of a Director and appoint another person in hissteat}. The Member CO'l:l.n1;ry or the WISAConncil of Minis­t~ft1 and its streeesser iorganisation, as the case may be, shallpromptly notify the Chairman of the Board of Directors. ofsuch revocation and of the new appointment. A DirectorappoihW(lunder this paragraph shall hold office only for- therenfaindet{/f 'the te-rm of his predecessor.

12..N'ot'W~thsTa:lldingparagraphs 1 and 2 of this Articlet,he 'Board, of 'Governors may decide from time to time to~lt~t .th~ compositdon 6f the Board of Directors by a votedfllol less -thahtwo:tliirds of the Members representing notless than three-fourths of their total voting power. Nothingin this .paragraph shall impair the right of any MemberQ9n~tI'y or the WISA Council of Ministers. to appoint:Oite~tors as provided for in paragraph 2 of this Article.

Articl~gl

'Bo'ai'd .-of -I)i'tectorsPowers

, TIte.13da'r:do':DirectQrs shall be responsible, subject to anydite~iohby the 'Board of GoverJ;lors, for the management 'of1Ihe' await's' of -the C6l"p&:ration. -It shaIl also be iesponsiMe­for the general 'p6liCies~of the Corporation and may give 'the'Managing .Director .general .and special instructions for. 'theimulem~tatffln JOf:'sttch 'pOlicies.

No. 11. Caribbean:F'ood Corporation (Saint Vincent-) 1181-.

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Article -22

Board of Di:r.:ectors

Voting .and ~oL:edure

1. The business -of the Boardof UirectOI:s..shall-be trans­acted at the principal office of the CQrp~ra{ion or :a'tsullhplaces as may from time to time be determined by the Board.

2. The Board of Directors shall meet at Jea~tevery ~months or as often as the business of the Corporation requires.

3.Me~tingsshall be called by the Chairmano£ ltheBoard I'm at least one months notice unless speeial-eireem­stances require a' shorter period of notice.

4. A quorum of the Board of Directors shall be a simplemajority of the Directors eligible to vote.

5. In voting at meetings of the.Board of Directors, eachDirector (including the 'Chairman or 'the Vice-Chairman whenpresiding) shall be entitled to one vote. cA.ll matters shall bedecided by a majority of .the number of Directors present andvoting. In the event of 'a deadlock the Chairman shall havea casting vote.

6,. Subjeef to the preceding para-graphs of t;b.is Article.the Board shall.settle its own Rules of Procedure,

Art.icle23

'!'he .Managiug Director

1. The 'Board of Governors shall appoint a 'ManagingDirector of the Corporation u.pons\l,c.h terms rand conditionsas the' 'Board sees fit.

2. The Managing Director shall be the Chief' EM~i;v:eOfficer of the Corporation and shall conduct, under the direc­tion of ,the Board of· Directors; the .business of thsCerporation.He-shall, subject-to the .general control of the B.P3}!d: Qf·.D~r.ec­to:rs,be ;ro§ponsiblefor rtrhe: E)rganiaation,r;tilil&i~t A\mdismissal of the staff.

68

Caribbean Food Corporation (Saint Vincent) 1981.

3. The Board of Directors shall approve rules govern­ing the appointment and conduct -of the staff and the opera­tions of the Corporation.

Article MOffice and Seal of the Corporation

1. The principal office of the Corporation shall be locatedin Trinidad and Toua:go.

2. The Corporation shall have an official seal approvedbY' the Board of Governors.

3. The Directors shall provide for the safe custody of theseal 'Which shall only be used by the authority of the Directorsand' any instrument to which the seal is affixed shall besigned by a Director and countersigned by some other dulyauthorised person.

4. The Corporation may establish agencies or branchoffices elsewhere.

CHAPTER VI

Allocation of Net Income

Article 25

Allocation of Net Income

1. The 'Board of Governors shall,. on the recommend­ation of the Board of Directors, determine at least annuallythe disposition of the net income of the Corporation arisingfrom its ordinary operations and what portion thereof, if any,shall be allocated after making provision for reserves Or otherpurposes, to surplus, and what portion, if any, shall be re­invested-in, or distributed among members of, the Corporation.

2. An-ydistribution of net income under paragraph 1 ofthis Article shall be made to each Member Country in pro­portionfo. the paid up value of shares held by that MemberCoUntry,

3. Payments of the net income under paragraph 1 ofthis Article shall be made in such manner as the Board ofGovertl6-rstnaydetermitieatid in 'tMrespectiv~'ctttre'Ocies6fMember Countries

No. 11.

69Caribbean Food Corporation (Saint Vincent) 19tH.

CHAPTER VII]

Termination of Membership

Article 26Termination of Membership

Any Member Country which disposes of all its shares inthe Corporation shall cease to be a party of this Agreement,and its membership in the -Corporation shall terminate on thedate of the transfer of snares.

Article 27Settlement of Accounts

1. After the date on which a Member Country ceases 'tobe a Member of the Corporation, that former Member shallremain liable for its direct financial obligations to the Cor­poration that were incurred before that date and for anyother liability so incurred in respect of any loans or guaran­teM made to Or given in respect of the Corporation but itshall not incur liabilities with respect to loans and guaranteesentered into thereafter by the Corporation or share either inthe income or the: expenses of 'the Corporation.

2. Upon a Membet Country ceasing to be a Member ofthe Corporation, the Corporation shall arrange for the trans­fer of that country's shares as a part of the settlement Ofaccounts with such country in accordance with the provisionsof this Article. Such shares shall be disposed of in suchmanner as the Board of Governors may determine.

3. Where within six months of a Member Country Ceas­ing to be a member of the Corporation, the. operations oftheCorporation are terminated pursuant to Article 28, all rightsof that Member Country shall be determined in accordancewith Articles 28 and 2"9. That Member Country shall beconsidered as still being a Member of the Corporation for thepurposes of those Articles but shall have no voting rights.

Article !8Termination of Operations

1. The Board. of Governors may by a resolution adoptedby a vote of not less than two-thirds of the total number ofGovernors representing not less than three-fourths of theto:tal·.•·yoting .p0'Yer of the .Msm berstermlnata the operationsof the Corporation,

No. 11. Caribbean Food Corporation (SaintVincen'f) 1981.

2. After such termination, the Corporation shall' forth­with cease all aetivibies.vexeept those incident to the orderlyrealisation, conservation and preservation of its assets andsettleItiefit of its ·obliga:tidns.

Ai1ib1.e~9

Distribution of Assets

1. Upon dissolution Mihe Corporation no distributionof assets shall be made to Member Countries on account oft~eir ::s.ubsetiptio~ to the capital of th? Corporatdon runtil alllIabihtres 'to creditors are discharged or provide-d for.How­ever, snch- distribution must be approve-d by a vote of not less~ha'n 'two~thitds <if' the total number of Governors representingnOt less than three-fourths of the total voting power of -theM~m'llers.

2. Any distribution of the assets of the Corporation tothe Member Countries shall be in proportion to the paid-upvalue of 'the shares held by each Member Country and shall bee1Iectedat such times and-under such eenditions as the Boardof Governors shall deem fair and equitable. No Membercountry shan be enfitled. to receive its share in such a distribu­'lion of assets until it has -settled all its obligations io tfi~Corporation.

3. Before any distribution of assets is made, the Boardof GOv.el"BOrSSftaU v-alue the assets to be distributed-as .at thedate -of distribution.

CHAPTER VIII

8'ta.ttts/Jtti1lhuriitres, ~xent1>tions and Pri'Vi1eges

Article 30

Pur-pElseof -Shapter

In order to enable the Corporation ~'A:ectively to fulfill itspurpbses-andcarry out the functions entrusted to it, the status,imm'llnities, 'e'Xemptionsand privileges 'set forth in this Chaptershell-be-accorded to the Oo'tpOl'8itio-n in 'the -te'1"rit'O'l'y'6f'M-ehMember Country.

No 11.

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Caribbean. Food Corporation (Sffiilt Vin&.en~

Article 31

19.8J..

1. The Corporation shall possess full juridical person­ality and, in .particular, full capacity-

(a) to c.oJ~tra.et,;

(h) to acquire and dispose of immovable andjnov­able prE>perty; and

(c) to institute legal proceedings.

2. The Corporationreay 'co"operate with national orinternational organisations or entities and may seek all ap­propriate contacts with a·~view -to co-operation with suchinstitutions of the countries to which its operations extend.

Article 32

Freedom of .A$sets from RestriGtions

To the extent necessary to carry out their ipurposes andfunetionse:trectively and subject to the provisions of thisAgreement, .theCorporation, its wholly-owned. subsidiariesandjoint enterprises with Governments of l\{lWlherCo.ulltries-

(a) may hold assets of any kind and operate accountsInany' eurreacy , and

(b) Shall. be free to transfer their assets from oneMe'l'\il'Jer Countey to anot-her or within any Mem­ber~Ooun'try and to convert any currency heldby-them inti) any othezeurreney of the Region,without betng-restrieted-by-flnenelal controls ormoratoria of ~y kindp,rltVidoo ~t the trans­actions involved are e~u\l'~ed'o;n within theEegion. .

No. 11.

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Caribbean Food Corporation (Saint Vincent) 1981.

Article 33

Immunities and Privileges of the Corporation

Personnel

All Members of the Board of Governors, Directors, altern­ates, senior employees of, and experts performing missions inconnection with, the Corporation, its subsidiaries or jointenterprises with Governments of Member Countries, wherethey are not local citizens or nationals, shall be accorded workpermits and such immunities from inll1ligrationrestrictionsalien registration requirements and national service obliga­tions, to the extent necessary for the efficient functioning ofthe Corporation.

Article 34

Taxation

1. The Corporation, its assets, property, income and itsoperations shall be exempt from all direct taxation.

2. Notwithstanding the provisions of paragraph 1 ofthis Article, the Corporation shall not claim exemption fromtaxes which are no more than charges for public utility ser­vices.

3. The preceding paragraphs of this Article shall applyto wholly owned subsidiaries of the Corporation and jointenterprises between the Corporation and Governments ofMember Countries.

Article 35

Credits, Fiscal Incentives a nd Quantitative Restrictions

Each Member Country undertakes -

(a)

(b)

to grant 10 the Corporation long, medium andshort term credits on no less favourable termsthan those given to similar investors in the par­'ticular Member Country;

to accord to the CorporationrtaIess favourabletreatment' than that· accorded. allY enterpriseoperating in the Member CoUntry;

B\o. 11.73

Caribbean Food Co-rporation (Saint Vincent) 1981.

------------------------------

(c) to apply quantitative restrictions in such favour­able manner where appropriate,

to enable the Corporation, its Sl1 bsidiaries and affiliates morereadily to attain the objectives of this AgreelilLlh.

CHAPTER IX

Arbitration

Article 136

Arbitration

1. If a dispute should arise between the Corporationand a Country which ceases to be a member, or between theCorporation and any Member Country after the adoption ofa resolution to terminate the operations of the Corporation,such dispute shall be submitted to arbitration by a tribunalof three arbitrators. Each party shall appoint one iarbitra!tor and the two arbitrators so appointed shall appoint thethird who shall be ChairfltlnL,;If,',witIlin thirty days of therequest for arbitration either Party has not appointed anarbitrator or if within fifteen days after the appointmentof two arbitrators the third arbitrator has not been appointed,either Party may request the Secretary-General to appoint anarbitrator.' The procedure of the arbitration shall be fixedby the arbitrators. However, the third arbitrator shall geempowered to settle all questions of procedure in any Caseof disagreement with respect thereto.

2. A ffiNprity vote of the arbitrators 8111111 be sufficientto reach ~ decision which shall be final and binding upon theparties.

CHAPTER X

FiQl ~ons

A.nW@ ~7

ImJUeJnentation

'F1a~h M.ember CountrY. ~hl\ll t~k~ the llec~s~ry. AA'~\tltU ~~ake e~e~ctiye the pr!>VIS~QllS. qf thill A,g~~~~t, 41i~ flfl!&et8!lchlegI!lbl~lO~ as D1llY be necessary to -al§l~~rg!i it§OQM.g~­tlOn unif"lr It.

No. 11. Caribbean Food Corporation (Saint' 'Vincent) 1981.

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Article 38

Signature

1. This Agreement shall be lodged with the Seerctary­General (in this Agreement referred to as the Depositary)and shall remain open until the L5th day of Septemboc) ]976:lUI' signature by tile Countries listed in the Annex 'fo thisAgreement,

2. The Depositary shall transmit certified copies of thisAgreement to all the signatories and other Countries whichbecome members of the Corporation.

3. .Any Country listed in the Annex to this Agreementwhich has not signed the Agreement may accept the Agree­ment by depositing an Instrument of Acceptance with theDepositary.

Article 30

Entry into Force

1. This Agreement shall enter into force when it. hasbeen signed or accepted in accordance with Article 38 of thisAgreclllent by any four of the Countries including two of theMore Developed Countries listed in the Annex to this Ag;'cc­ment,

2.. The Depositary :.,1\;,11 uotify the Countries listed intha .Annex to this Agreement, of the date of entry into forceot this Agreement, and of all the Countries which have signedor accepted this Agreement and shall transmit certified'copies thereof to all Members:

Art!i~l& 4(J

;&ccmion

After the entry into fo'rceof"this Agreement, a Countryother than one listed. in the; A:l~nex.IUl;1y in the. discretion oft~e. ;~oar,~~f,.GoV'~r~or~;b~ll;Eltwitt~dA,Q b.~yozp;e'; a.. ~ew,p,~J.;Ofd~ •!C?tp~rati6.n:'by, ,ac~('J~~()~. ;'to,;t~lS. '+t€l';re(lnwn~,.:i:>n; sp.~t~rmg'('aB-<the -Board "of . (;')'Vernors shan oy a; ~wo-thll:aS.

majority vote of the total number of Governors" determine.'

No.H.

'lit

Caribbean Food Corporation (Saint Vincent) 1981.

Any such Country shall deposit, on or before a date appointedby the Board of Governors an Instrument of Accession withthe Depositary who shall notify such deposit and the datesthereof to the Corporation and the parties to this Agreement.Upon such deposit, and upon the subscription and paymentfor shares issued to it, the Country shall become a memberof the Corporation on the appointed date.

Article 41

Admission of Associate Members etc.

The Board of Governors may in its discretion and uponsuch terms and conditions, as it deems fit, admit to member­ship of the Corporation any Country to which paragraph 4of Article 4 applies.

Article 42

Inaugural Meeting

] .As soon as possible after this Agreement enters intoforce, 'the bccretary-Oc-neral shall convene the inauguralmeeting of the Board of Directors.

2. Within thirty days of the holding of thejnnngm-almeeting in accordance with paragraph 1 of this Article, theSecretary-General shall can a special meeting of the Boardof Governors, if he or the Board of Directors or the Boardof Governors thinks it necessary.

In witness whereof, . the undersigned ; plenipotentiaries,being .dlliy authorised thereto :by their respective Govern­ments, have affixed their signr: nres to this ..Agreement.

+>pp.e ..at Georgetown, .this 18th day .of August, OneThousand Nine Hundred and Seventy SixIn a single copywhi~b, .~p.~ be •deposited .with the Caribbean CommunitySecretariat which shall transfer certified . copies to all theContracting States.

SignedbyJ; E.' Bt;L1lce;'Minister of ..AgricTiltiIre andSupply

F'or the Governmenti Of Antigua on.~thjAug:l¥it, 1976at St. John's, Antigua.

No~ 11.

a.pCaribbean ]food CQfPorp,tion (Saint Vinoeut} 198L

Signed by

F'or the Government of Barbados on

at

Signed by Florencio Marin, Ministeli of AgricultureFor the Government of Belize- on 24th August, 1976at Belmopan, Belize, C.A.

Sig'ned by Oliver Seraphin, ,Minister ,o~ Agriculture1<-'01' the Government of Dominica on 31st August, 1976at Roseau, Dominica.

Signed by O. A.. Raeburn, Minister of AgricultureFor the Government of Grenada on 3rd September,1976 at St. Patrick, Grenada.

Signed by Garvin K~maj.trN, Minister of AgricultureFor the Governrxlflut,,pf Guyana on 18th August, 1976at Georgetown, (lriyana;

Signed by Reg. E. Phillips,High CommissionerFor the Government of Jamaica on 10th September,1976 at Georgetown, Guyana.

Signed by

1<-'01' the Government of Montserrat on

at

Signed by Robert L. Bradshaw, PremierFor the Gover.Jlment of St. Kitts-Nevis-Anguilla on28th August,' 1976 at Basseterre, St. Christophee(St. Kitbl).

Signed by Ira D'Auvergne, Minister of Agricultureand LandsFor the Goyernment of St. Lucia on 1st September,1976 at Castries, St. Lueia.

Sign~!l_~.Y E. Jo.shua, Minister of Agrieulture andTradeFor the Government of St. Vincent on 2naBeptember,1m ,oat 1rin@8towri, 'S\'ViMeAt.W.r.

No. 11.

77

Caribbean Food Corporation (Saint Vincent) 1981.

Signed by Ovorand R. Padrnore, Minister of Agricul­ture, Lands and Fisheries,

For the Government of T~'inifllHl and Tohngo on 20thAugust, 1976 at Port-of-Spain, Trinidad and 'l'obago,

ANNEX

MEMBERSHIP

Membership of the Corporation shall be open to:

(i) Antigua

(ii) Barbados

(iii) Belize

(iv ) Dominica

(v) Grenada

(vi) Guyana

(vii) Jamaica

(viii) Montserrat

(ix) St. Kitts-Nevis-Anguilla

(x) St. Lucia

(xi) St. Vincent

(xii) Trinidad and Tobago

Passed in the House of Assembly this 7th day of Mav Ifl8.l

OWEN CUF'FY,Clerk of the House of Assembly.

Printed b1 the GClVernJll..t Priat.r at til. {HTlrnm.nt PrinliJlc Oftiee,Kincstelfll, St. Tiacut and the Gr.JUl.i_.

1981 [ Price $11.60 cents. ]