RESOLUTION AG 7/2004

BUDGET 2004

THE GENERAL ASSEMBLY OF THE INTERNATIONAL ORGANIZATION OF VINE AND WINE,

CONSIDERING Comex Resolutions 3/2003 and 5/2003 which approved the 2004 budget of the International Office of Vine and Wine and fixed the amount of the unit contribution at €12,835,

WHEREAS the aforementioned budget was subject to a call for funds to the member States of the international Office of the vine and wine prorata temporis of two and a half months until the first General Assembly of the International Organization of Vine and Wine,

WHEREAS the provisions of paragraph 4, subparagraph 2 of appendix 2 of the Agreement dated April 3 2001 stipulate that "to facilitate the transition between the former and present Agreement, the financial contribution cannot be lower than the amount of the unit contribution called at the time of entry into force of the present Agreement, for the first financial year",

WHEREAS the provisions of article 26 of the Regulations of the International Office of Vine and Wine stipulate that observer States must pay at least one unit contribution,

WHEREAS Comex Resolution 2/2002, which rules that any State party to the Arrangement of November 29, 1924 which has not deposited its instrument of acceptance, approval, ratification or accession to the Agreement of April 3, 2001 automatically has the benefit of "observer status",

WHEREAS each member State has a number of basic voting rights equal to two, and whereas the total number of additional voting rights is equal to half the basic voting rights,

WHEREAS the provisions of paragraph 4, subparagraph 1 of appendix 2 of the Agreement of April 3 2001 stipulate that the total amount of the obligatory contributions to be called from the member States is calculated based on the budget adopted by the General Assembly, a third of the total amount of the obligatory contributions being distributed uniformly to the basic voting rights and two thirds in proportion to the additional voting rights,

NOTING that pursuant to these provisions each additional voting right incurs an obligatory contribution equal to double the sum called for each member State for its two basic votes,

HEREBY decides that the States having the benefit of "observer status" with the International Organization of Vine and Wine must pay an annual contribution equal to the obligatory financial contribution of each member State,

HEREBY decides that when States having the benefit of "observer status" become members of the International Organization of Vine and Wine in 2004, those which have additional voting rights will be required to pay an additional contribution proportional to each additional voting right, calculated pro rata to the period during which they participate as members,

HEREBY approves the 2004 budget of the International Organization of Vine and Wine for a total amount of € 1,949,311  for a financial period nine and a half months long,

HEREBY decides to distribute the total amount of the obligatory contributions to:

• 35 shares corresponding to the 35 member States for basic voting rights,
• 13 shares corresponding to the 13 observer States, and
• 70 shares corresponding to the 35 additional votes which represent the double of the contribution paid by the member States,

HEREBY fixes the amount of the obligatory financial contribution of each member State or observer at € 12,795  for basic voting rights and that corresponding to each additional voting right at € 25,591.

N.B. This resolution remplaces the resolution on the same topic with the same reference presented to the Inaugural General Assembly of the International Organisation of Vine and Wine on 17 March 2004.