VIII. The Commissioner

a) The Commissioner, wo shall be a foreigaer, shall be eleeted by a majority vote of not less than nine (9) members of the General Board, of which majority at least six (G) votes shall be those of foreign members. The Commis. ioners term of office shall be tixed by the Organisation Committee.

b) The Commissioner may be elected from araong the members of the Board of foreign nationality, or may be chosen from oiltside the Board, from citizens of any one of the foreign countries represented on the Board. The élection by the Board of a non-member to the position of Commissioner shall operate to vacate automatically the position of the citizen of the country of which the Commissioner is a citizen. A Commissioner elected from outside the Board shall, by the fact of his élection, become a member of the Board.

c) If, at the first élection, the person chosen as Commissioner should be a member whose term, as decided by lot, in accordance with paragraph b of Section VII of this scheme, should only be one year, the term of this member shall automatically be increased to two (2) years. In this case, one of the two foreign members who hâve been assigned to two (2) years' term, shall hâve his term reduced to one (1) year. The décision as to which of the two foreign members shall hâve his term thus reduced from two (2) years to one (1) shall be made by lot.

d) It shall be an essential duty of the Commissioner to enforce the. provisions of the law and the statutory régulations relative to the issue of notes and the maintenance of the Bank's reserves which guarantee that issue. To this effect, the Commissioner shall hâve the right to hâve furnished to him ail statistics and documents which he may deem useful for the accomplishment of his task, and whenever it appears to him necessary, he may make any investigations either in person or through his assistants. He shall be entitled to be présent at the meetings of the Managing Board in Berlin.

e) The office entrusted with the custody of the reserve of notes shall only deliver notes when authorised by the Commissioner so to do.

f) The Commissioner shall be bound to the greatest secrecy in regard to ail information he may obtain on the commercial opérations of the Bank.