The first two paragraphs of article 36 of the WAEMU treaty states: ‘Every member state can withdraw from the West African Monetary Union. The decision to withdraw must be notified to the Conference of Heads of State and Government of the WAEMU. It will come into full effect one hundred and eighty (180) days after its notification. However, this period may be shortened by mutual agreement between the parties.’ Article 58 of the CEMAC treaty contains similar provisions.

Fanny Pigeaud_ Ndongo Samba Sylla, Africa's Last Colonial Curr…, loc. 339