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- European Outline Convention on Transfrontier Co-operation between Territorial Communities or Authorities (Madrid, 21.V.1980)
- Model and Outline Agreements, Statutes and Contracts on Transfrontier Co-operation between Territorial Communities or Authorities
- 1 Model inter-state agreements
- 1.1 Modelinter-state agreement for the promotion of transfrontier co-operation
- Article 5
Article 5
Article 5
Each Party shall instruct such body, commission or institution as it shall designate to study current national legislation and regulations with a view to suggesting changes in any provisions liable to hinder the development of local transfrontier co-operation. Such bodies shall give particular consideration to improving fiscal and customs regulations, foreign exchange and capital transfer rules and procedures governing intervention by higher authorities, particularly as regards supervision or control.
Before taking the steps referred to in the above sub-paragraph, the Parties shall consult with each other as necessary and exchange any relevant information.
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