Art. 16 Overeenkomst tussen het Koninkrijk der Nederlanden en het Gemeenschappelijk Fonds voor Grondstoffen betreffende de zetel van het Fonds — Privileges and Immunities of the Managing Director and his senior staff

1. In addition to the privileges and immunities accorded to staff members of the Fund, the Managing Director shall, together with members of the family forming part of his or her household, not being private servants, enjoy the privileges and immunities to which a head of a diplomatic mission is entitled, unless he or she is either a Netherlands national or a permanent resident of the Netherlands. 2. The Chief of Operations and the Chief Finance Officer of the Fund, together with the members of their families forming part of their households, not being private servants, shall be accorded the same privileges and immunities accorded to members of comparable rank of diplomatic missions accredited to the Netherlands. 3. The Managing Director and the staff members referred to in paragraph 2 of this Article shall not practise for personal profit any professional or commercial activity in the Netherlands outside of their official functions with the Fund. 4. The members of the families of the Managing Director and of the staff members referred to in paragraph 2 of this Article shall not, when they practise a professional or commercial activity for personal profit in the Netherlands, enjoy immunity from administrative and civil jurisdiction in respect of acts performed in the course of, or in connection with, the practise of such activity. However, the immunity with regard to the execution of a judgement will stand unless waived in accordance with paragraph 2 of Article 20. 5. With regard to activities referred to in paragraph 4 of this Article the persons concerned shall not enjoy any fiscal privilege or exemption from Netherlands social security provisions.

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