ARTICLE 1 9 SOURCES OF FUNDIN G 1. 2. 3. 4. In keeping with other research and development organisations deliverin g regional or international public goods, CCARDESA shall derive it s income from charging management fees on programmes and project s under its portfolio . The other financial resources of CCARDESA shall be from any othe r source, which the Board of Directors may deem appropriate . CCARDESA shall establish a reserve fund which will act as a fallbac k position for priority activities . CCARDESA shall not incur any financial debts, without the expres s consent of the Board . ARTICLE 2 0 AMENDMENT OF THIS CHARTE R 1. 2. 3. A State Party may propose amendments to this Charter . Proposals of amendments to this Charter shall be made in writing to th e CCARDESA Secretariat, who shall duly notify all States Parties of th e proposed amendment(s) at least thirty (30) days in advance of consideration of the amendments by States Parties . Amendments to this Charter shall be adopted by a decision of thre e quarters of the States Parties. ARTICLE 21 SETTLEMENT OF DISPUTE S 1. 2. Matters regarding the interpretation and/or application of this Charter, its annexures and any of its other subsidiary legal instruments, which ar e not resolved by negotiation and agreement shall, in the first instance, b e referred to an ad hoc Committee composed of three (3) members appointed by the States Parties Ministers and shall include a lega l expert . The ad hoc Committee shall reach a decision within 60 days o f appointment . The decision of the ad hoc Committee shall be offered t o the States Parties Ministers for their consideration and decision in term s of the provisions in this Charter . Any dispute between parties as CCARDESA members or as represente d on CCARDESA General Assembly, or CCARDESA's Board o r Secretariat, which cannot be resolved by due and timeous consultatio n and agreement of the States Parties Ministers , shall be referred to a n external arbitrator acceptable to all disputing parties . The decision of th e arbitrator shall be reached and communicated to the parties within 4 5 days of commencement of the arbitration . The arbitrator's decision shal l be binding . The cost of such arbitration shall be borne equally by th e disputing parties . 11