RESOLUTION (57) 22 (21 November 1957) - (Adopted by the Ministers' Deputies)

Exchange guarantee for non-French staff

The Committee of Ministers,

Having regard to Article 18 (d) of the General Agreement on Privileges and

Immunities of the Council of Europe;

Having regard to the Report of the Budget Committee dated 9th October

1957;

Considering that the monetary decisions of the French Government dated

10th August 1957involve an important change in the conditions under which non-

French staff can transfer a part of their emoluments to their home country;

Considering that it would be proper to apply to the benefit of such staff the

principle of an exchange guarantee contained in former budgets and to lay down

the method of application by a provisional regulation, as recommended by the

Budget Committee in its above-mentioned report,

Resolves:

Article 1:

(a) Permanent staff of nationality other than French shall be authorised to

transfer 50 % of their gross total emoluments into the currency of the country of

which they are nationals.

(b) Where there is good reason, the transfer may be made in the currency of

the country in which the member of the staff had his habitual residence at the

time of taking up his duties.

(c) Exceptionally, and where there is good reason, the Secretary-General may

authorise transfers of more than 50 % of emoluments.

Article 2:

All sums due to a member of the staff or his heirs on cessation of his duties

as also his last monthly emoluments shall be transferable in toto.

Article 3:

(a) Transfers under Articles 1 and 2 above shall be made through the Secretariat-

General.

(b) Bequests for transfers under Article 1 shall be submitted before the end of

the month in respect of which the corresponding emoluments are payable.

(c) After that time, the right of transfer shall lapse.

Article 4:

(a) Transfers under Articles 1 and 2 above shall be made at the rates of

exchange prevailing on the date of transfer.

(b) Nevertheless, transfers up to one-third of the total emoluments mentioned

in Article 1 above shall be made at the rates of exchange prevailing in France on

9th August 1957, as given in the Appendix to this Resolution.

The difference between the actual rates and the rates of 9th August 1957 shall

be borne by the Budget of the Council.

(c) Bank charges resulting from the transfers referred to above shall be paid by

the members of the staff concerned.

Article 5:

Any abuse of the facilities conferred by the above provisions will involve

disciplinary action, apart from any proceedings which may be initiated on the basis

of current exchange law or regulations.

Article 6:

The present regulation shall come into force as a provisional measure on

1st January 1958.

APPENDIX

Rates of exchange prevailing in France on 9 August 1957

                        Pound sterling                                                                                 982

                        Deutsche mark                                                                              83,96

                        Belgian franc                                                                                  7.02

                        Italia lira                                                                                          0.56

                        Dutch florin                                                                                   92.13

                        Austrian schilling                                                                           13.56

                        Danish krone                                                                                 50.74

                        Norwegian krone                                                                           49.16

                        Swedish krone                                                                              67.94

                        Turkish lira                                                                                         - [1]

                        Drachma                                                                                            - ¹

                        Icelandic krone                                                                                   - ¹