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| | Headquarters Agreement between the Swiss Federal Council and the BIS |
 | | The Bank, in its capacity as an employer, shall not be subject to Swiss legislation regarding old-age and surviving-dependants insurance, incapacity insurance, unemployment insurance, the compensation for loss of income scheme, and compulsory provision of occupational pension schemes for old age, surviving relatives and incapacity. |
 | | The General Manager of the Bank and the Swiss Federal Council shall draw up an agreed restrictive list of those Officials who have Swiss nationality and who, by reason of their functions, shall be accorded foreign leave of absence (dispensation from military service). |
 | | Should the Federal Council consider it necessary to apply the provisions of the first paragraph of the present Article, it shall, as promptly as circumstances permit, establish contact with the Bank in order to decide jointly upon such measures as may be necessary to protect the interests of the Bank. |
| www.bis.org /about/headquart.htm (2969 words) |
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