S.L. 460.23 Art. 4Convention.

(1) An EGTC shall be governed by a convention concluded unanimously by its members in accordance with Article 4 of the EC Regulation.

(2) The convention shall specify:

(a) the name of the EGTC and its registered office, in the case of a Malta EGTC, which shall be located in Malta under whose laws at least one of the members is formed;

(b) the extent of the territory in which the EGTC may execute its tasks;

(c) the specific objective and tasks of the EGTC, its duration and the conditions governing its dissolution;

(d) the list of the EGTC’s members;

(e) the law applicable to the interpretation and enforcement of the convention, which shall be the law of Malta in the case of a Maltese EGTC;

(f) the appropriate arrangements for mutual recognition, including for the purposes of financial control; and

(g) the procedures for amending the convention, which shall comply with the obligations set out in Articles 4 and 5 of the EC Regulation.