Joint Undertakings. 26.1 For enhancing cooperation, the SAPSC may propose to the ANSP Board the establishment of common entities with or without legal personality. 26.2 No third parties shall be able to acquire shares or stock, or assets in the jointly established entities. 26.3 Any proposal for establishment of a common entity shall be carried out by submission of a detailed report proving that the establishment of such entity enhances the overall added value of the DANUBE FAB. 26.4 The decision for approval of the establishment of a common entity, supported by all relevant documentation shall be submitted to the Governing Council for carrying out the procedures under Article 21 of the State Agreement.
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Sources: Cooperation Agreement, Cooperation Agreement