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Extracts from the
Convention respecting
the Bank for International Settlements
(20 January
1930)
The duly authorised representatives of the
Governments of Germany, of Belgium, of France, of the United
Kingdom of Great Britain and Northern Ireland, of Italy and of
Japan of the one part
And the duly authorised
representatives of the Government of the Swiss Confederation
of the other part
Assembled at the Hague Conference in the
month of January, 1930, have agreed on the following:
Article 1. Switzerland undertakes to
grant to the Bank for International Settlements, without
delay, the following Constituent Charter having force of law:
not to abrogate this Charter, not to amend or add to it, and
not to sanction amendments to the Statutes of the Bank
referred to in Paragraph 4 of the Charter otherwise than in
agreement with the other signatory Governments.
Art. 2. Any dispute between the Swiss
Government and any of the other signatory Governments relating
to the interpretation or application of the present Convention
shall be submitted to the Arbitral Tribunal provided for by
the Hague Agreement of January, 1930. [...]
Art. 3. [...] Upon the entry into
force of the Convention, the Swiss Government will initiate
the necessary constitutional procedure in order that the
assent of the Swiss people may be obtained for the maintenance
in force during the whole of the Bank's existence of the
provisions of the present Convention.
[...]
[Text of the Constituent Charter].
Done at The Hague, the 20th January, 1930.
[END]
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