S17 Duration

  • The Union shall not be dissolved except at a meeting of the Council convened specifically for this purpose by notice given three months in advance. At such a meeting, more than three-quarters of the maximum possible number of votes of the Adhering Organizations must be represented and cast, and two-thirds of the votes recorded shall be required for dissolution. If three-quarters of the maximum possible number of votes are not represented, the Council shall be convened again after a period of at least six months and at this second meeting the Union may be dissolved if the proposal for dissolution receives two-thirds of the votes recorded. In the case of dissolution of the Union, the Council shall appoint three trustees to carry out the liquidation of the assets of the Union. The net assets shall be transferred to one or more international scientific organizations.