Distribution of Net Income. Article 36 After approval of the annual report, the net income of the Bank shall be distributed at the discretion of the Council of the Bank and may be added to the reserve capital or used for other purposes. Article 37 The procedure for admission of new members and withdrawal from the Bank is defined in Articles VII and IX of the Agreement.
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Sources: Agreement on the Organization and Activities of the International Bank for Economic Co Operation, Agreement on the Organization and Activities of the International Bank for Economic Co Operation