Treaty Establishing the Caribbean Community and Common Market - CARICOM CHAPTER VIII: GENERAL AND FINAL PROVISIONS ARTICLE 63 LEGAL CAPACITY 1. The Common Market shall have international juridical personality. 2. Each Member State shall, in its territory, accord to the Common Market the most extensive legal capacity accorded to legal persons under its municipal law including the capacity to acquire and transfer movable and immovable property and to sue and be sued in its own name. In any legal proceedings the Common Market shall be represented by the Secretary-General of the Secretariat. 3. Each Member State hereby agrees to take such action as is necessary to make effective in its territory the provisions of this Article and shall promptly inform the Secretariat of such action. ARTICLE 64 PRIVILEGES AND IMMUNITIES 1. The privileges and immunities to be recognised and granted by the Member States in connection with the Common Market shall be laid down in a Protocol to this Annex. 2. The Common Market shall conclude with the Government of the Member State in which its on with the Common Market privileges and immunities to be recognized and granted in connection with the Common Market. ARTICLE 65 ACCESSION 1. A State, mentioned in paragraph 1 (b) of Article 2 of this Annex may become a Member of the Common Market on such terms and conditions as the Conference may determine. 2. Any such State shall deposit on or before a date appointed by the Conference an instrument of accession with the Secretariat which shall transmit certified copies to the Government of each Member State. 3. Upon such deposit the State shall become a Member of the Common Market on the appointed date. ARTICLE 66 AMENDMENTS 1. Except where this Annex provides otherwise, amendments thereto shall enter into force when they have been approved by the Council and ratified by all Member States in accordance with their respective constitutional procedures. 2. Instruments of ratification shall be deposited with the Secretariat which shall transmit certified copies thereof to each Member State. ARTICLE 67 RECOGNITION OF EXISTING INTEGRATION AGREEMENT WITHIN THE COMMON MARKET Nothing in this Annex shall affect any decisions or things done under the ECCM Agreement immediately before the coming into force of this Annex or the continued application and development of that Agreement to the extent that the objectives of that Agreement are not achieved in the application of the objectives of this Annex, provided such application or development does not conflict with the obligations under this Annex of the Member States which are parties to that Agreement. ARTICLE 68 PARTICIPATION IN OTHER ARRANGEMENTS Nothing in this Annex shall preclude any Member State from participating in other arrangements to the extent that those arrangements are not incompatible with the obligations of Member States under this Annex. ARTICLE 69 WITHDRAWAL 1. A Member State may withdraw from the Common Market by giving notice in writing to the Secretariat, and the Secretariat shall promptly notify the other Member States. Such withdrawal shall take effect twelve (12) months after the notice is received by the Secretariat. 2. A Member State so withdrawing undertakes to honour any financial obligations duly assumed during its membership of the Common Market. 3. A Member State that withdraws from the Treaty in accordance with Article 27 thereof shall, if a member of the Common Market be deemed to have withdrawn from the Common Market with effect from the expiration of the time limited by the said Article 27. ARTICLE 70 RELATIONS WITH OTHER STATES AND INTERNATIONAL ORGANIZATIONS 1. The Council may, on behalf of the Common Market, negotiate Agreements with Member States, non-member States and other International Organisations in order to promote the objectives of the Common Market. 2. Such agreements, however, shall be subject to ratification by the Conference. ARTICLE 71 TRANSITIONAL PROVISIONS On entry into force of this Annex in accordance with the provisions of Article 24 of the Treaty, the Agreement establishing the Caribbean Free Trade Association done at Dickenson-Bay, Antigua, on the Fifteenth day of December, 1965 and the Supplementary Agreement under Article 31 (3) of the former Agreement done at Georgetown, Guyana, on the Fifteenth day of March, 1968, and at St. John's, Antigua, on the Eighteenth day of March, 1968 shall be superceded by the provisions of this Annex as between the Parties to whom the provisions of this Annex apply. ARTICLE 72 ASSOCIATE MEMBERSHIP 1. Any State which in the opinion of the Conference is qualified for membership of the Common Market in accordance with Article 2. l (b) of this Annex may, upon application to the Council for associate membership of the Common Market, be admitted as an associate member of the Common Market in accordance with paragraph 2 of this Article. 2. On the application made under paragraph l of this Article the Conference shall determine the conditions under which the applicant State may be associated with the Common Market. ARTICLE 73 STATUS OF SCHEDULES Schedules to this Annex shall form an integral part thereof. Continue on to Schedule II: Rules Regarding Common Market Origin