1. [Legal personality] The Union has legal personality.
2. [Legal capacity] The Union enjoys on the territory of each Contracting Party, in conformity with the laws applicable in the said territory, such legal capacity as may be necessary for the fulfillment of the objectives of the Union and for the exercise of its functions.
3. [Seat] The seat of the Union, and its permanent organs are at Geneva.
4. [Headquarters agreement] The Union has a headquarters agreement with the Swiss Confederation.