Caribbean Food Corporation (Saint Vincent) Act, 1981 (Act No. 11 of 1981)

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 State of S~~et\t ll~tfl'e'-GP~affitte$"of ai.t~gl'~metit estab­ lishing the Caribbean Food Corporation, [(2fJtlf Jhlf; rgg1. ]' W~ :hIr '-tit'efil<MBg\tbe" ~ltfuIt\iriP ':P~ramme as : :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 the Gi'~IUWWJ:,~ e<mtraetitt~.ltft~.. ~o; ANDr' W.llmtBAS iit. Pti~~~ · ot' tfura~fi' :rOt)' of Article 4 of the saiEf'·ll~Itt~:ttt~ tlie~ stltte'- ofTI~Vintl'e'.ttt and the Grenadines has become, a .member of the- Caribbean FoEid'!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. tat it 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. Interpreta­ tion. Approval of Agreement and membership. Oaribbean Food Corporation deemed judicial person. BE IT ENACTED by ~the 'Queen's! Most Excellent ~~~styjA~ -al1d;-,with the a.a~ice~ali:dconsent of the House of As-scllibly 'dr: 'Saint VincElit:tllc1J.tid'it.h~ Grenadines, and by the alltlib:rftY"~of the same .as·~folld\VBt' 1. This Act may be cited as the Caribbean Food Cor­ poration (Saint Vincent) Act. 1981. 2. In this Act, unless the context otherwise requires, (a) "Agreemen't" means the Agreement establishing the Caribbean FoodDorporatien entered; into at Georgetown, Guyana on the 18th August, 1976, the text of'which is set out in the Schedule and where 8}J,~.~.11Mre~enthas been modified or amended with the concurrence of the State of Saint Vincent and the Grenadines, the agreement as so amended; (b) "Corporation" means the Caribbean Food Cor­ p<Wation established by the Agreemen't; (c) "Saint Vincent" means the State of Saint Vincent and the Grenadines; (d) <'Schedule" means the Schedule to 'this Act. 3. (1) The Agreement establishing the Caribbean Food Corporation, as set .out in the Schedule is hereby approved. (~), 'J'he acceptance by, the State of Sain't Vincent an/L'tne,' ttreh~dines ,oj the membership of,.th~ Corporation inpl1rsuRJ;l,ce q(pa,ragraph 1(a) of Article 4 Qf;the Agreement is hedby. approved.. (3) The provisions contained in the agreement shall, in so far as it relates to Saint Vincent and the Grenadines and to the extent it may be necessary for. the implementation oftne:AgreeirU:lrit, have the force of law. 4. The Caribbean Food Corporation shall" 'in the terri­ tory of Saint Vincent be deemed to be a judicial person and may, -subjecttps);lch coniJ.j.tions and ·re~trictio.IlSas the Govern­ mel;t?t '~a,t%;X}:t:lc~nt mayiIl!:pQS6,; ~;e~cise:;.its righ'ts ~s sucH ,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'lotpe entitlement of the Corporation oranY'o-tlierpersoIl 'to;~hy imririmity· or' privilege granted by this. Act,a cet,Hfiea'te; ;s~tled by or unclerthe authority' o~ the' Ministei" re~ponsi'ble'-'l:br Foreign Mairs stating that the 'Corpo'ratiinior, oth~riJ~r~'~n is or is not so entitled shall be conclusive ivideric'e M"the fact certified. 6. (1) All. p'8.yments' required to be made by Jne Governmen't to the Cor:pOJ:'lltjon in, respect of the obligations of Saint "Vincent under,jthe'.A:greement are hereby charged on and shall be payable out of the Consolidated Fund (2) All sums receiYEld .~y the Government from the Corporation under or in' pursuance of the Agreement shall be paid in'to the Consolidated Fund. (3) The expenditure or other financial liability to be met or. obligations.to be undeetaken 'by the Goverl:ulJ;ent of Saint Yincentfor the .purpose 6f implemsntation' bJ'tlie agreement sh,all be deemed .to .be properly in-cul'tadr '6I'tltifiuer­ taken as the case .may: be; 7. (1) Where an amendment of the Agre!1m.ent is accep~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 ,~pntain such eonsequential.. supplemental or ancillary provis1t>ns as ap~ear ~o:the Minister to benecessawor expedieiit: ,1qr gI'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" liMotdaiiae wi~h this; Section, any referenceintbis Aetof in an1'Other eriactlIlerit or .in all.y:~tr.ument ha'lting effect '~de:t"a.nY such 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"" means t~el' m~~,~l>.~r '9•.~t~~" 'Cabinet to. whom' responsihili1lY'foi:Aiffl­ en ture ~s: asSlgJ1ell Proof ,6f en!t~~~mqm to nnmum ties and privileges. Finaneial provisions. Implementa­ tion of amendments to the Agreement. ~P. 11. POWtr t~ da~tiel. 52 ClW»~F>Qod ,aQJ;p~tiofl (S.&~t ViMot) 9. The Minister may make Regulations for the purpose of 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 the Member States of .the Caribbean Common Mallket; ~~joDllJof the !ie.ed. to adopt a scheme f~t·the,ratiQn­ 81i~i«m ,m,agrwtflt1lral p~ionwithin.~~ iRegionwith a ~ttW:jo JJf.~Il8 6QmPlemental'i'ty in national agri~Tlltural programmes as contemplated in Altticl~49 of the :Annex to the 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 some extent by the inadequate methods and practices of farming on 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 .and Wl\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(i1jgjwthe 4W~nl·~,wntH ;:iannmge<U-terppise$ &J;ld the qe-velopmcnt ar;~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 of Oorporation 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 -produe­ tionof fish and .meat ; O~)'!O&JnmOJi .rMaf4et t ' . ·:me;&:.D<ll 'jthe Caribbean Qom.:frlQn lhmlet established .by. the Annex to the Treat,.; (~) ~CofporlitiOn" means theCattibbean 'Food Cor­ poration' established by.A.rtkle 1; (d) it'doTIaft' means a dollar in 'UJ,e territory of the principal office of the Corporation; ~)"fi~ancla.\yeaJ.'"fr.:means ,the.fperiQd .Jltnuary 1 to Dectm1,l)er31, unless the .Boa-ltd of Directors otherwise determines , (f) i"Le!'1S Deve~ped·Countries" or "LDC's" has the same meaning as in Article 3 of the Treaty; (g) "Member 'Country" means any Country which 4ligns ". 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-Gen­ eral of the Dal'i,bbean Community established by the Trea'ty; (k) "Treaty" means the Treaty establishing the Caribbean cro~y done at Ohaguaramas on the 4th July, 1973. 2. Any question of interpretation or application of the pr.oViMonsof' thIs :Agreement' not otherwise expressly. pro­ "fided for shall lie submitted to the Board of Governors. for decision by a simple majority of.thetotal number of Governors. .A.i1:mt! 3 Objectives The Corporation shall have as .its objectives: the pro­ duction, processing, packing, storage, transportation,' distri­ bution and marketing of food, and without limiting the generality; of the foregoing, the. following (a) identifying, planning and implementing all stages of agricultural 'prodiIction'sehemes ", and any schemes relating· thereto and, cin/ pursuing 'the foregoing, 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 production schemeS; (c) organising and facili ta ting the bllik purchase of a:gri'il\i1tural inputs as' well as •'the marketing and other' 'services a~bcia:ted with agricultural pro­ duction schemes. Article 4: Membership 1. Membership 01 the Corporation slum'be open to­ (~) tlle Cou:ntri'es listedin·tbe Annex to 'this Agree­ ment ; No.1!, 55 Caribbean Food .Cor:porati~n (Samt Vincent) 198}. (b) new ,Members of the Common Market or of the Community; (e) Associate' Members of the Common Market and other Countries having a speeial-relationship with the 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 -aecord­ ance with paragraph 1 of Article 38 or accept the' said Agree­ mentin accordance with paragraph 3 of the said Article 38 shall become Members of the Corporation. 3. 'Countries' admitted as new Members of 'the Common Market or of the Community may become Members of the Corporation in accordance with Article 40 of ;this Agreement. '4. Associate Members of 'the CommonMarket and other Countrieshavi'l1'g a special 'relationship with the Common Mlfrkb'toriWith the Community may bacorn,e Members of the CorPoration in aeeordancewith Article 41 of 'this Agreement. Article D Powers and Functions Innrder rto achieve its objectives, the Corporation shall have power ....... (a) itself or through its subsidiaries -to operate within the' Common Market '01'/ 'iii ·fur'therance of its objectives outside thereof, including in particularvpower to""" (i) make investments; (ii) establish, manage and operate enterprises; (iii) lmgage inactivities for the 'purchase, process­ ing,'tr-ansportation, marketing and distribu­ tioll"of .products ; (iv) engage ,m financial operatioas, (v) ~ngage iii i'my otheracti'Vitjrelated to its objectives' ; NOo11. 51. C8.1Ubea- EIWC~ (&iUt. YindfiJit) (D) to. ant as. 8.igle1l1:., fo" any got'ermuent:; or any government authority; ~c) to~ '&ell~ ~gtl:orr ot.e~ .dilposet)f. the) under­ takbl.g~ ~ltty, &s&etS)'ri.gb.ti-AI1d;,e«ects of the CQlr~atiw. or aD.Y;p8lrtGll~ :llClif such con­ sideration, if any, as it thinks fit; (<t) tQ1i.n~' on- ass~; lUI flnan~fug.: the sale of e'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 trans­ aeuclD.. 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, com­ modities or any other tangible personal pro­ pert1" 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, representative offices, affiliates 'aml'~idiary companies in any Member Countryand to regulate and discontinue the same, (~)~ w,a l~at61en!te'n'intoian,..Pflntnelship·or any arrangement for sharing profits, unioDl o~. in:-­ terests co-operation, joint venture, reciprocal or· mMl'i9\!>.ise, wWlt any, P~SElil,p-.rtbe'D8'hip or (}Ompa~ ",116~J sU6h,~aig#j.aIlalibflt,i partnershlp orr a.~~ent ~y s-e.tmb .• Mnduftiv'~ to any of the 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 acquire a~ bald.,: ~ e5ela&llgeli t1'6lil6W, ,~ign Ol! Q~nw.iQQ.diBnos~, 0f" antI, g~r;kl.l$ deal in the bonds, debenturesj, 8'~kii, :.cs~.s or other securities of any bank, corporation" company, co-o:p~ ar" ~t~ and1 wflUe such ow;net,;t.c;n,e~e~er,all; tha, righ:ts..,.pf, ownership mcfudfug' the right to voti,:, 57 OuibbYatt:Eooll £6~ti()n ;(&mt:VibJea'tJ) (i) to do ML:~s .,oi,,'thtHilWYe things within or without the Region and either as principal, agent, :ti!ttaw'Ol'-;rothetwii6ranG flithklndalQDerkili' in[ con­ j~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@$ideretl W be i~demeJ ,or'c~dueive:tll. the iellter.I'Gf the,ra~o~ P.d~1.;0l' .an:r! .of.them.i And it is hereby declared that the w-otd i,'e@1P,IWYV"il!l:,.utiB Article shall be deemed to include any body of persons wlteijt.er . cOl'porare i OO! 'l1nin~p<Xratei;; andi 1th", thu' p«wers ~cjtwd in. tt~T CUfferellt 'PltJ'agJ.,'aplls iof, tbiil' ,:tr1;~leU6hl8Ui except where otherwise expressed in such :~J»"t3flilf~Pbf;; 19fi ~bl~ be in no wise limited by reference to any other paragraphs or the iame of the Corporation, but may be carried out in as full and ample a manner and shall be construed ill as wide a ~ri&~di6 if eaeh of the said paragraphs defiilea'lth~ powers of a.,~pa.nate, distinct and independent comp,an.,y,. CHAPTER II Ca.pital and Other Resources AI*le~6 &u1h~Oapitd l..'1'ne .authorised. c~P~tlU.:of, the. CorporJJ,t~~ .S$,aU, 'P,~ one Inindred minion dollar's.' 1'he authorised capitaJ. .:sl1Ml"b~ divided into shares of one thousand dollars each, ·the iilitia1 isau~.,whitlhr.ll' .Dei I1NaiWlk'!fQ1'; suhsMptmn'1)nl;: by Member-,·QOIU'JIiries in,aooorilanoa; '\t.itl1' the 1ltDv:i&iMIB 'mr Article 7 of this Agreement. . 2. The:)a-uihm>jsed~:tiitalJ ~y be :mcreued' b~ 'tM Board 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 ten million dollars co:rp:pliising rof 'at least 'two.portions. The first portion to the value of four million, four hundred and fifty thonsanddolla1,'s,shall.be 'allotted andsubsctibedkr in 'this Artide and ill Article,S '6f this ;A'greement:., The remainder of the initial issue shall be available. for allotment and sub­ scription in a manner and at a time as the Board of Directors 'tnaydeteriniMo 2Jn THe :first portion l).f the initia;l' iSsl1~" taken nt> By th~'MDO$," Belise and LDCs (other than Belize); shall' bir allot'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 (other than Belize) the WISA Council of Ministers and its successor oJ;gapi!J~tion,,slia11. determine !1nd notify i~, ,writing to. the gecret~,tl'eneral'ltsundertaking to subscribe tor 'the shares' sO ',1l11o~ted;' 4.: '.,ShaTe,capital of the' iJiitial issue shall be issued at p'ar 1mles~r the Board 'of Goveinol'S" decides otherwise. 5. Liability of Member Countries on shares shall be limited' to: the, unpaid portion of their issue price. 6. Except as provided in paragraph 5 a Member Country 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':from the first portion of the initial issue shall.make payment to the Corpenation for snehporticnwithin three l1'Veeks: after 'the time ,presc~ib~d by, the Board of Directora for such payment. The rEiniain.a~i" 'of the initial issue shall be paid for in such amounts and within such time as the 'Board of Directors may determine ,provided:that the ameunt required to be paid by a Member Country for its shares in, the remainder of the initial issue' shall bear the 'same proportion as that Member's share in the first portion bears to the tdUil' subscribed shares of th~i tirs'Jiportion. 2. ,Where,anY payment in:respecti:>fthejnitial issue of shares is sought to be made before the holding-of the inaugural Meeting of the Board of Directors that payment shall be made to the Government of:the plsc;e:in which the principal office of, the r Croporation is,. Ipcated" and shall. he . held. by that Gb'fei'tlmen.Jt~ob'-behaIf\'of· the Gorp'Oratioh itiritil 'such tnn.eJas the Board of Directors requires that payment be handed over to the Corporation. 3. Any subsequent issue of snare- capital shall be issued at .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 may determine. AriiCle9 Transfer of Shares Shares shalliio't 'be l?l'edged or encumbered in any manner whatsoever and may be'tril.nsrerred only to another Member Country,. 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 the Co~noiatiOO1; , (b) "loan capital resources" means funds- -oot-i'owM by the Corporation for the purpose 9,£ meeting tiny::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 agricul­ tural production, in older to achieve the greatest possible self-'S~ieriey within the Region; and (b) the abilffjVof'theehterpHse to produce agrieul­ tural products that will .raise , the nutritional iieve'ls;wHhiii' tful,;Rtegioli. 2. In the performance of its functions the Corporation may (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 '~<»¥ii~te the services of the Caribbean' Investment Corporation, the Caribbean Developmen~<BaD.r, >lhe Caribbean Agricultural Research an4~D~vcl"o.l?ment Institute and similar institutions Within'dr-without the Region. 1981. 3. In making investments in private enterprises, region­ ally 'OWlledi' andi:oonirollM, enseeprises.ehell. be prj}feImt6l. 4. Bediore; eJ}ga.gin(Q in. afly'tmtIer»rise, iu a;. ,J!Iltember COlpttry. the COO"PoraiioD. shailli' oJnain,th~· 'a.pprolVt8il:cO:!ii .the Member Country in .whie-hlithe: e~i'prisie is, to 'he< ;l~a'ted. A..·12 IaDefJn.~ ~es 1~ TD.e: BoardoL l)jree.tol's shall: s~btnit:floi!" $it>Plo-~al of the 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 the respective policies ofM -'lIb.et''Qlmmtries within the Region concerning agriculture and agro-based industries. 2. The investment D!Og~~.es shall take into account the priority areas of activity as determined by the Board of Governors under Article #. AmeJe 13 ~orta 1. The Board of Difec~tp:r:s s,hall, within six rrmfiths of the end of each financial ,~a,,"68~n annual general meeting. At the annual gene\1&b~~gt-the.,JMmrdof Governors shall consider the report - of -the. :Board' or Directors including an audited statement of itsL'aooo~ i\>r the past financial year and &hll also approve the budget of the Corporation for the 'mft '6~llmeia'iiJy6a~~ 2. fte:Baard qf-, DiJrectroos Bhall, with, the aWi'Q¥ALDf the Board of Governors, publish 'the:i i ann.ualj r.epml1 of· 'the Corporation 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 by auditors 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~'of any general authority given by the Board of Governors at the annual igeneral meeting or from time to ,time, burrow such: sU1Illsas the Corporation may require for meeting-dts obligationS or discharging itsfunetions. Article 15 Gua,rantee of Loans Any Member Country or group of Member Countries may agree jointly or severally to guaranteeany borrowing of the Corporation' authorised under Article 14 of this Agreement. CHAPTER Y Organization and Management Alticle16 Structure The Corporation shall. Jia.ve.'.a Board of Governors, a Board of Directors, a Managing' Director and such other staff as may be considered rtecEl'SSRl"y for the exercise of its .funetions, Arliele 17 Board of Governors Composition 1. The Board of Governors shall consist of the Minister responsible for Agriculture of each Member Country to which shares 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't Member Country shall be deemed to be in arrear.s::a:nd,$hllll forfeit 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 the Board of Governors was forfeitea .lllnder paragraph 2 of this Arti~le shall on sa1f~£Y~; ~l'ijt~:;outstanding obligat~ons within the contemplation of that paragraph have that right restored. 4. At;)~aoh .annual ~eElting theiBQal'id of, Go'Ve;rn;ors. shall elect one.o.f,.th~ GQvernQtB asOhairman.who.shell-hcld. offi~e until the .eleetion ,ofthe,n~xtChail'man. o.Tbe 'Ohairman shall preside at all Meetings of the B.QaJ,'d, <If,~G9~ernotB,;but in the .event of his -absenee o,r: his inability '~Q .pr~s~<le, ~~~.,(i()ye.. rnors present .andcons,ti'~uting a quorum 'shan electtrom..among: .themselves a Governor to preside at that Meeting. ' Article 18 Board of G01rernors Powers :t The Bo~rd' of .Governors. is empowered toapproye 'the iIl;yestment pro~tam.fiIe' ~:n.'dth~ ann~al ~udget Gf, rtne Corpor. ation and toglve.,general pohcy directions to the, Board of Directors. 2... The,Board'of Governors 'may delegateitofhe Board oiVDi'rectors ariy' of its powers, except the power to (a) admit new members and determine the terms and conditiona of1heir admission; (b) increase 'Ule authorized capital of the Corpora­ tion; (c) decide, on questions regarding the interpretation or- application of this Agreement; (d) determine the fees of the direc'torsand their alternates; (e) approve-the investment programme' and annual budget of the Corporation; {f) delegate any of its powers. 3. . The Board of Governors shall retain full power to eXl!reise:latttharitt ovetnanyt:power''deIega;ted to th(iBbard of Directors in accordance with paragraph 2 of this .Articlie'. 64 il981. (a) (b) Arttcle.: 19, Bdtrd e bf' lfIovernors Voting and Procedure a. Too B~i'd M: :@OlveJ1ri.ot\g, ishMl JJ.~ :Bin :ittmuil.l- gOlleral m.eGtmgl',SiJt;ei?tL ),featings 'uf ,tl1 ~oa1id, Oil ,G~(#no~ may be 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:ve three hnnd'fud~ot~ pl'M one addition~l vme fb-:t each. 'share heidby the)l\fe~CO'llntryhe Tepresenti'l. 3. Except as otherwise. e.;pr~s~ly provided in this Agree­ ment, all matters before1he'Sblltd of Governors shall be determined by a maj<>rit,.~",t)e':,votingllower of the Member Countries represented at the meeting. 4."" A majority of the total number of the Governors shall constitUte '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 the Board of Directors shan consist of not more than nine Direi:$orJlt "as; adHi1WB :--: Directors appointed by or, in respect of Member ~untriel'l in aeeordanee With' ttltisArtrele ; the Secretary-General or his nominee and the Managing Director. The;DirMtol'6 ref~l;"ila to .m.g~Mltirl@h: (h )'iihbY,Jll~~'1l0 vote. No, 11. 65 Caribbean Food Corporation (Saint VincentJ 198t, 2. Directors shall be appointed as follows s-« (a) each MDC upon vbecoming a Member().t the Corporation shall be entitled to appoint one. Director and one alternate Director; (b) Belize upon becoming a Member of the Corpora­ tion shall be entitled to appoint one Director and one alternate Director; (c) in respect of the LDCs (other than Belize) the WISA Council of Ministers and its .successor organisation shall be entitled, to appoint two, Directors and two alternate Directors", if but only if, one or more of the LDCs have taken up not less than one hundred shares in the initial issue of shares. 3. Subject to paragraph 4 an alternate Director shall in the absence of his principal attend any meeting and shall be entitled to vote on any matter. 4. For so long as a Member Country is deemed to be in arrears under Article 17(2), the Director appointed by that Member Country or the Directors appointed by the WISA Council of Ministers and its successor organisation, (in' any case where the Member Country in arrears is anLDC (other than Belize) shall not participate in the business of the Board of Directors. 5. Each Member Country entitled to make appointment of Directors and the WISA Council of Ministers and Its successor organisation shall inform the Secretary-General promptly after this Agreement enters into force of 'their appointments and such appointments shall become valid only upon notification to the Secretary-General. 6., Subsequent appointments to the Board of Directors shall 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. three years but shall be eligible for re-appointment. 66 Caribbean FOGd Corporation ~Saint Vincent) ,1981 8. The Board. of Directors shall.elect. a. Chairman .and. a Vice-Chairman from among the Directors, and the Vice-Chair­ man shall preside inthe absence of the Chairman. II)., the absence oT t'ht:i"Cliairn:Lan and "Vice~ChaiI1nanatany.meeting th~' lllirectorsltlay elect one of their numbers, to act as Ghair..an of the :meeting of the Board of Directors. Both the Chairman aJltlthe Vice-Chairman shalLhQld office for three years. Both shall be eligible for re-election. The S8t!ll~r-1'"-Gi:mera:ldr his nomiaeaand the Managing Director Iir"~, JWt'eligiblefor election as Chairman Or Vice-Chairman. 9. Directors shall be persons of nigh competence with experience in commercial, agricultural (ill' ManciaL matters. 1(); Directors snaIl be paid such fees and reasonable 41lo.wancee forcittendingmeetings as may be approved by the :BtJa:rd of -'Governors. 11. A Miemher Country or the WISA Council of Ministers and its successor organisation may at any time revoke its appointment of a Director and appoint another person in his steat}. The Member CO'l:l.n1;ry or the WISAConncil of Minis­ t~ft1 and its streeesser iorganisation, as the case may be, shall promptly notify the Chairman of the Board of Directors. of such revocation and of the new appointment. A Director appoihW(lunder this paragraph shall hold office only for- the renfaindet{/f 'the te-rm of his predecessor. 12..N'ot'W~thsTa:lldingparagraphs 1 and 2 of this Article t,he 'Board, of 'Governors may decide from time to time to ~lt~t .th~ compositdon 6f the Board of Directors by a vote dfllol less -thahtwo:tliirds of the Members representing not less than three-fourths of their total voting power. Nothing in this .paragraph shall impair the right of any Member Q9n~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'tectors Powers , TIte.13da'r:do':DirectQrs shall be responsible, subject to any dite~iohby the 'Board of GoverJ;lors, for the management 'of 1Ihe' await's' of -the C6l"p&:ration. -It shaIl also be iesponsiMe­ for the general 'p6liCies~of the Corporation and may give 'the' Managing .Director .general .and special instructions for. 'the imulem~tatffln JOf:'sttch 'pOlicies. No. 11. Caribbean:F'ood Corporation (Saint Vincent-) 1181-. ...----. Article -22 Board of Di:r.:ectors Voting .and ~oL:edure 1. The business -of the Boardof UirectOI:s..shall-be trans­ acted at the principal office of the CQrp~ra{ion or :a'tsullh places 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£ lthe Board I'm at least one months notice unless speeial-eireem­ stances require a' shorter period of notice. 4. A quorum of the Board of Directors shall be a simple majority of the Directors eligible to vote. 5. In voting at meetings of the.Board of Directors, each Director (including the 'Chairman or 'the Vice-Chairman when presiding) shall be entitled to one vote. cA.ll matters shall be decided by a majority of .the number of Directors present and voting. In the event of 'a deadlock the Chairman shall have a 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 'Managing Director of the Corporation u.pons\l,c.h terms rand conditions as the' 'Board sees fit. 2. The Managing Director shall be the Chief' EM~i;v:e Officer of the Corporation and shall conduct, under the direc­ tion of ,the Board of· Directors; the .business of thsCerporation. He-shall, subject-to the .general control of the B.P3}!d: Qf·.D~r.ec­ to:rs,be ;ro§ponsiblefor rtrhe: E)rganiaation,r;tilil&i~t A\m dismissal of the staff. 68 Caribbean Food Corporation (Saint Vincent) 1981. 3. The Board of Directors shall approve rules govern­ ing the appointment and conduct -of the staff and the opera­ tions of the Corporation. Article M Office and Seal of the Corporation 1. The principal office of the Corporation shall be located in Trinidad and Toua:go. 2. The Corporation shall have an official seal approved bY' the Board of Governors. 3. The Directors shall provide for the safe custody of the seal 'Which shall only be used by the authority of the Directors and' any instrument to which the seal is affixed shall be signed by a Director and countersigned by some other duly authorised person. 4. The Corporation may establish agencies or branch offices elsewhere. CHAPTER VI Allocation of Net Income Article 25 Allocation of Net Income 1. The 'Board of Governors shall,. on the recommend­ ation of the Board of Directors, determine at least annually the disposition of the net income of the Corporation arising from its ordinary operations and what portion thereof, if any, shall be allocated after making provision for reserves Or other purposes, to surplus, and what portion, if any, shall be re­ invested-in, or distributed among members of, the Corporation. 2. An-ydistribution of net income under paragraph 1 of this Article shall be made to each Member Country in pro­ portionfo. the paid up value of shares held by that Member CoUntry, 3. Payments of the net income under paragraph 1 of this Article shall be made in such manner as the Board of Govertl6-rstnaydetermitieatid in 'tMrespectiv~'ctttre'Ocies6f Member Countries No. 11. 69 Caribbean Food Corporation (Saint Vincent) 19tH. CHAPTER VII] Termination of Membership Article 26 Termination of Membership Any Member Country which disposes of all its shares in the Corporation shall cease to be a party of this Agreement, and its membership in the -Corporation shall terminate on the date of the transfer of snares. Article 27 Settlement of Accounts 1. After the date on which a Member Country ceases 'to be a Member of the Corporation, that former Member shall remain liable for its direct financial obligations to the Cor­ poration that were incurred before that date and for any other liability so incurred in respect of any loans or guaran­ teM made to Or given in respect of the Corporation but it shall not incur liabilities with respect to loans and guarantees entered into thereafter by the Corporation or share either in the income or the: expenses of 'the Corporation. 2. Upon a Membet Country ceasing to be a Member of the Corporation, the Corporation shall arrange for the trans­ fer of that country's shares as a part of the settlement Of accounts with such country in accordance with the provisions of this Article. Such shares shall be disposed of in such manner as the Board of Governors may determine. 3. Where within six months of a Member Country Ceas­ ing to be a member of the Corporation, the. operations ofthe Corporation are terminated pursuant to Article 28, all rights of that Member Country shall be determined in accordance with Articles 28 and 2"9. That Member Country shall be considered as still being a Member of the Corporation for the purposes of those Articles but shall have no voting rights. Article !8 Termination of Operations 1. The Board. of Governors may by a resolution adopted by a vote of not less than two-thirds of the total number of Governors representing not less than three-fourths of the to:tal·.•·yoting .p0'Yer of the .Msm berstermlnata the operations of the Corporation, No. 11. Caribbean Food Corporation (SaintVincen'f) 1981. 2. After such termination, the Corporation shall' forth­ with cease all aetivibies.vexeept those incident to the orderly realisation, conservation and preservation of its assets and settleItiefit of its ·obliga:tidns. Ai1ib1.e~9 Distribution of Assets 1. Upon dissolution Mihe Corporation no distribution of assets shall be made to Member Countries on account of t~eir ::s.ubsetiptio~ to the capital of th? Corporatdon runtil all lIabihtres 'to creditors are discharged or provide-d for.How­ ever, snch- distribution must be approve-d by a vote of not less ~ha'n 'two~thitds <if' the total number of Governors representing nOt less than three-fourths of the total voting power of -the M~m'llers. 2. Any distribution of the assets of the Corporation to the Member Countries shall be in proportion to the paid-up value of 'the shares held by each Member Country and shall be e1Iectedat such times and-under such eenditions as the Board of Governors shall deem fair and equitable. No Member country 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 Board of GOv.el"BOrSSftaU v-alue the assets to be distributed-as .at the date -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 its purpbses-andcarry out the functions entrusted to it, the status, imm'llnities, 'e'Xemptionsand privileges 'set forth in this Chapter shell-be-accorded to the Oo'tpOl'8itio-n in 'the -te'1"rit'O'l'y'6f'M-eh Member Country. No 11. 71 Caribbean. Food Corporation (Sffiilt Vin&.en~ Article 31 19.8J.. 1. The Corporation shall possess full juridical person­ ality and, in .particular, full capacity (a) to c.oJ~tra.et,; (h) to acquire and dispose of immovable andjnov­ able prE>perty; and (c) to institute legal proceedings. 2. The Corporationreay 'co"operate with national or international organisations or entities and may seek all ap­ propriate contacts with a·~view -to co-operation with such institutions 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 and funetionse:trectively and subject to the provisions of this Agreement, .theCorporation, its wholly-owned. subsidiariesand joint enterprises with Governments of l\{lWlherCo.ulltries (a) may hold assets of any kind and operate accounts Inany' eurreacy , and (b) Shall. be free to transfer their assets from one Me'l'\il'Jer Countey to anot-her or within any Mem­ ber~Ooun'try and to convert any currency held by-them inti) any othezeurreney of the Region, without betng-restrieted-by-flnenelal controls or moratoria of ~y kindp,rltVidoo ~t the trans­ actions involved are e~u\l'~ed'o;n within the Eegion. . No. 11. 72 Caribbean Food Corporation (Saint Vincent) 1981. Article 33 Immunities and Privileges of the Corporation Personnel All Members of the Board of Governors, Directors, altern­ ates, senior employees of, and experts performing missions in connection with, the Corporation, its subsidiaries or joint enterprises with Governments of Member Countries, where they are not local citizens or nationals, shall be accorded work permits and such immunities from inll1ligrationrestrictions alien registration requirements and national service obliga­ tions, to the extent necessary for the efficient functioning of the Corporation. Article 34 Taxation 1. The Corporation, its assets, property, income and its operations shall be exempt from all direct taxation. 2. Notwithstanding the provisions of paragraph 1 of this Article, the Corporation shall not claim exemption from taxes which are no more than charges for public utility ser­ vices. 3. The preceding paragraphs of this Article shall apply to wholly owned subsidiaries of the Corporation and joint enterprises between the Corporation and Governments of Member Countries. Article 35 Credits, Fiscal Incentives a nd Quantitative Restrictions Each Member Country undertakes (a) (b) to grant 10 the Corporation long, medium and short term credits on no less favourable terms than those given to similar investors in the par­ 'ticular Member Country; to accord to the CorporationrtaIess favourable treatment' than that· accorded. allY enterprise operating in the Member CoUntry; B\o. 11. 73 Caribbean Food Co-rporation (Saint Vincent) 1981. (c) to apply quantitative restrictions in such favour­ able manner where appropriate, to enable the Corporation, its Sl1 bsidiaries and affiliates more readily to attain the objectives of this AgreelilLlh. CHAPTER IX Arbitration Article 136 Arbitration 1. If a dispute should arise between the Corporation and a Country which ceases to be a member, or between the Corporation and any Member Country after the adoption of a resolution to terminate the operations of the Corporation, such dispute shall be submitted to arbitration by a tribunal of three arbitrators. Each party shall appoint one iarbitra! tor and the two arbitrators so appointed shall appoint the third who shall be ChairfltlnL,;If,',witIlin thirty days of the request for arbitration either Party has not appointed an arbitrator or if within fifteen days after the appointment of two arbitrators the third arbitrator has not been appointed, either Party may request the Secretary-General to appoint an arbitrator.' The procedure of the arbitration shall be fixed by the arbitrators. However, the third arbitrator shall ge empowered to settle all questions of procedure in any Case of disagreement with respect thereto. 2. A ffiNprity vote of the arbitrators 8111111 be sufficient to reach ~ decision which shall be final and binding upon the parties. 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!&et 8!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. Article 38 Signature 1. This Agreement shall be lodged with the Seerctary­ General (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 this Agreement, 2. The Depositary shall transmit certified copies of this Agreement to all the signatories and other Countries which become members of the Corporation. 3. .Any Country listed in the Annex to this Agreement which has not signed the Agreement may accept the Agree­ ment by depositing an Instrument of Acceptance with the Depositary. Article 30 Entry into Force 1. This Agreement shall enter into force when it. has been signed or accepted in accordance with Article 38 of this Agreclllent by any four of the Countries including two of the More Developed Countries listed in the Annex to this Ag;'cc­ ment, 2.. The Depositary :.,1\;,11 uotify the Countries listed in tha .Annex to this Agreement, of the date of entry into force ot this Agreement, and of all the Countries which have signed or 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 Country other than one listed. in the; A:l~nex.IUl;1y in the. discretion of t~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 appointed by the Board of Governors an Instrument of Accession with the Depositary who shall notify such deposit and the dates thereof to the Corporation and the parties to this Agreement. Upon such deposit, and upon the subscription and payment for shares issued to it, the Country shall become a member of the Corporation on the appointed date. Article 41 Admission of Associate Members etc. The Board of Governors may in its discretion and upon such terms and conditions, as it deems fit, admit to member­ ship of the Corporation any Country to which paragraph 4 of Article 4 applies. Article 42 Inaugural Meeting ] .As soon as possible after this Agreement enters into force, 'the bccretary-Oc-neral shall convene the inaugural meeting of the Board of Directors. 2. Within thirty days of the holding of thejnnngm-al meeting in accordance with paragraph 1 of this Article, the Secretary-General shall can a special meeting of the Board of Governors, if he or the Board of Directors or the Board of Governors thinks it necessary. In witness whereof, . the undersigned ; plenipotentiaries, being .dlliy authorised thereto :by their respective Govern­ ments, have affixed their signr: nres to this ..Agreement. +>pp.e ..at Georgetown, .this 18th day .of August, One Thousand Nine Hundred and Seventy SixIn a single copy whi~b, .~p.~ be •deposited .with the Caribbean Community Secretariat which shall transfer certified . copies to all the Contracting States. SignedbyJ; E.' Bt;L1lce;'Minister of ..AgricTiltiIre and Supply F'or the Governmenti Of Antigua on.~thjAug:l¥it, 1976 at St. John's, Antigua. No~ 11. a.p Caribbean ]food CQfPorp,tion (Saint Vinoeut} 198L Signed by F'or the Government of Barbados on at Signed by Florencio Marin, Ministeli of Agriculture For the Government of Belize- on 24th August, 1976 at Belmopan, Belize, C.A. Sig'ned by Oliver Seraphin, ,Minister ,o~ Agriculture 1<-'01' the Government of Dominica on 31st August, 1976 at Roseau, Dominica. Signed by O. A.. Raeburn, Minister of Agriculture For the Government of Grenada on 3rd September, 1976 at St. Patrick, Grenada. Signed by Garvin K~maj.trN, Minister of Agriculture For the Governrxlflut,,pf Guyana on 18th August, 1976 at Georgetown, (lriyana; Signed by Reg. E. Phillips,High Commissioner For 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, Premier For the Gover.Jlment of St. Kitts-Nevis-Anguilla on 28th August,' 1976 at Basseterre, St. Christophee (St. Kitbl). Signed by Ira D'Auvergne, Minister of Agriculture and Lands For the Goyernment of St. Lucia on 1st September, 1976 at Castries, St. Lueia. Sign~!l ~.Y E. Jo.shua, Minister of Agrieulture and Trade For 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 Agricul­ ture, Lands and Fisheries, For the Government of T~'inifllHl and Tohngo on 20th August, 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. ]