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19 DE FEVEREIRO DE 1998

662-(25)

Article 8 Work programme

A work programme for the ETO covering a three year period shall each year be established by the Council

on the basis of a proposal from the director of the ETO having previously consulted ECTRA. The first year of this programme shall contain sufficient detail to enable the annual budget of the ETO to be established.

Article 9 Budgeting and accounting

1 — The financial year of the ETO shall run from the 1st of January to the 31st of December following.

2 — The director shall be responsible for preparing the annual budget and the annual accounts for the ETO and submitting them for consideration and approval as appropriate by the Council.

3 — The budget shall be prepared taking into account the requirements of the work programme established in accordance with article 8. The timetable for submitting and approving the budget, in advance of the year to which it applies, shall be determined by the Council.

4 — A set of detailed financial regulations shall be established by the Council. They shall, inter alia, contain provisions about the timetable for the submission and approval of the annual accounts of the ETO and provisions concerning the audit of the accounts.

Article 10

Financial contributions

1 — The capital expediture and the current operating expenses of the ETO, excluding costs related to Council meetings, shall be. borne by the Contracting Parties. Costs shall be shared on the basis of the contributory units in accordance with the contribution of their Administrations to the CEPT at the date of the opening for signature of this Convention or, for countries joining CEPT after that date, the date of their administrations accession to CEPT.

2 — A request from a Contracting Party to change its contributory units shall be submitted to the Council, who shall decide on them and define the date from which it shall be applied.

3 — Subject to decision by the Council, the ETO can carry out work for third parties on a cost-recovery basis.

4 — Costs related to Council meetings shall be borne by the telecommunications regulatory administration of the country in which the meeting takes place. Travel and subsistence expenses shall be borne by the authorities represented.

5 — The contributions shall be charge to the Contracting Parties with a term of payment, delayed payments being subject to interest, as decided by the Council.

6 — A default in payment of one year may entail the withdrawal of the right to vote^and even of membership Of the Contracting Party. The Council shall, on a case-by-case basis, decide on the action to be taken.

Article 11 Contracting Parties

1 — Any State whose telecommunications administration is a member of CEPT may become a Contracting

Party to this Convention. This is done either through signature or through accession. The signature may be subject to ratification, acceptance or approval.

2 — As of the 1st of September 1996 until it enters into force this Convention shall be open for signature.

3 — After its entry into force this Convention shall remain open for accession.

Article 12

Entry into force

1 — This Convention shall enter into force on the first day of the second month following the date on which the Government of Denmark has received sufficient signatures and, if required, instruments of ratification, acceptance or approval from Contracting Parties so as to ensure that at least 225 contributory units have been committed.

2 — After entry into force of this Convention each subsequent Contracting Party shall be bound by its provisions including amendments in force as from the first day of the second month following the date on which the Government of Denmark has received that Party's instrument of ratification, acceptance, approval or accession.

Article 13

Denunciation

1 — After this Convention has been in force for two years, any Contracting Party may denounce it by giving notice in writing to the Government of Denmark, who shall notify this denunciation to the Council, the Contracting Parties, the director and the president in office of CEPT.

2 — The denunciation shall take effect, at the expiry of the next full financial year as specified in article 9, paragraph 1, following the date of receipt of the notice of denunciation by the Government of Denmark.

Article 14

Rights and obligations of the Contracting Parties

1 — Nothing in this Convention shall interfere with the sovereign right of each Contracting Party to regulate telecommunications.

2 — Each Contracting Party which is a member State of the European Community shall apply this Convention in accordance with its obligations under the relevant treaties.

3 — No reservation may be made to this Convention.

Article 15 Settlement of disputes

Any dispute concerning the interpretation or application'of this Convention and its annex which is not settled by the good offices of the Council, shall be submitted by the parties concerned to arbitration in accordance with annex A which is an integral part of this Convention.

Article 16 Amendments

1 — The Council may adopt amendments to this Convention. Proposals for such amendments shall be con-