CDB By-Laws
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Summary

These By-Laws are adopted under the authority of the Agreement establishing the Caribbean Development Bank (hereinafter referred to as the Agreement), and are intended to be complementary to the Agreement and shall be construed accordingly. In the event of a conflict between the provisions of these By-Laws and the provisions of the Agreement, the provisions of the Agreement shall prevail. In the event of a conflict between these By-Laws and any rules and regulations adopted pursuant to the Agreement, the By-Laws shall prevail.

Approved by the Board of Governors at the inaugural meeting held on 31st January, 1970 and amended by Board of Governors resolutions nos. 8/74 (May 1974), 3/85 (May 1985), 4/99 (May 1999) and 8/18 (December 2018).

 

Table of contents

SECTION 1- Meetings of the Board of Governors

SECTION 2- Notice of Meetings of the Board of Governors

SECTION 3- Agenda for Meetings of the Board

SECTION 4- Chairman and Vice-Chairman

SECTION 5- Secretary

SECTION 6- Voting

SECTION 7- Record of Proceedings

SECTION 8- Language

SECTION 9- Special Procedures

SECTION 10- Terms and Conditions of Service - Governors

SECTION 11- Terms and Conditions of Service - President

SECTION 12- Terms and Conditions of Service - Vice-Presidents

SECTION 13- Terms and Conditions of Service - Directors

SECTION 14- Delegation of Powers to Board of Directors

SECTION 15- Special Representation of Members at Meetings of the Board of Directors 

SECTION 15A- Decisions by the Board of Directors without Meetings

SECTION 16- Vacancies on the Board of Directors

SECTION 17- Rules and Regulations

SECTION 18- Report of the Board of Directors

SECTION 19- Financial Year

SECTION 20- Budget and Auditing of Accounts

SECTION 21- Application for Membership in the Bank

SECTION 22- Suspension of Membership

SECTION 23- Amendments