{ "schema_version": "qanun-law-text/1", "id": "pk-code-34bf3b16675f3cb4", "title": "Arbitration (International Investment Disputes) Act, 2011", "source_collection": "Federal", "content_kind": "stored_law_text", "content_extent": null, "source_url": "https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2FsaJs%3D-sg-jjjjjjjjjjjjj", "version": null, "source_snapshot": null, "legal_status": "not independently verified", "text_quality": "Complete stored UTF-8 TXT file recovered byte-for-byte from owned Drive. Source transcription retained verbatim; legal completeness, OCR accuracy and current consolidation unverified.", "text_sha256": "4e196ab0e4aee964c3d15afc695ab0bed00e89e71d30f075b3944e856feebf6f", "source_sha256": "4e196ab0e4aee964c3d15afc695ab0bed00e89e71d30f075b3944e856feebf6f", "text_version_id": "law:pk-code-34bf3b16675f3cb4:sha256:4e196ab0e4aee964c3d15afc695ab0bed00e89e71d30f075b3944e856feebf6f", "quality_flags": [], "encoding": "UTF-8", "text": "Page 1 of 23 \r\n \r\n \r\n \r\nTHE ARBITRATION (INTERNATIONAL INVESTMENT \r\nDISPUTES) ACT, 2011 \r\n \r\n \r\n \r\n \r\n \r\nCONTENTS \r\n \r\n \r\n \r\n1. Short title, extent and commencement. \r\n2. Definitions. \r\n3. Registration of awards. \r\n4. Effect of registration. \r\n5. Binding on the Government. \r\n6. Government contribution to expenses under the Convention. \r\n7. Exclusion of Arbitration Act. \r\n8. Certain provisions of Convention to have force of law. \r\n9. Power to make rules. \r\n10. Federal Government to amend schedule. \r\n \r\nSCHEDULE \r\n[See sections 2(c) and 2(e)] \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n\r\n \r\nPage 2 of 23 \r\n \r\nTHE ARBITRATION (INTERNATIONAL INVESTMENT DISPUTES) \r\nACT, 2011 \r\n \r\nACT No. IX OF 2011 \r\n \r\n[30th April, 2011] \r\n \r\nAn Act to implement the International Convention on the Settlement of Investment Disputes between \r\nStates and Nationals of other States \r\n \r\nWHEREAS Pakistan has signed and ratified the International Convention on the Settlement \r\nof Investment Disputes between States and Nationals of Other States; \r\n \r\nAND WHEREAS it is expedient to enact the law for that purpose. \r\n \r\nIt is hereby enacted as follows:- \r\n \r\n \r\n1. Short title, extent and commencement.⸻ (1) This Act may be called the \r\nArbitration (International Investment Disputes) Act, 2011. \r\n \r\n(1) It extends to the whole of Pakistan. \r\n \r\n(2) It shall come to into force at once. \r\n \r\n2. Definitions. In this Act, unless there is anything repugnant in the subject or context, \r\n \r\n(a) “award” includes any decision interpreting, reversing or annulling an award, \r\nbeing a decision pursuant to the Convention, and any decision as to costs \r\nwhich under the Convention is to form part of the award; \r\n \r\n(b) “Centre” means the International C entre for Settlement of Investment \r\nDisputes established by the Convention; \r\n \r\n(c) “Convention” means the Convention on the Settlement of Investment \r\nDisputes between States and Nationals of Other States, incorporated in the \r\nSchedule; \r\n \r\n(d) “Government” means the Federal Government; and \r\n \r\n(e) “Schedule” means the Schedule to this Act. \r\n \r\n3.Registration of awards. (1) An award shall be deemed to have been rendered \r\npursuant to the Convention on the date on which certified copies of the award were dispatched to the \r\nparties; \r\n \r\n(2) Any person seeking recognition or enforcement of an award rendered pursuant to the \r\nConvention shall be entitled to have the award registered in the High Court subject to proof of any \r\nmatters that may be prescribed and to the other provisions of this Act. \r\n \r\n \r\nPage 3 of 23 \r\n \r\n(3) In addition to the pecuniary obligations imposed by the award, the award shall be registered \r\nfor the reasonable costs of and incidental to registration. \r\n \r\n \r\n(4) If at the date of the application for registration the pecuniary obligations imposed by the \r\naward have been partly satisfied, the award shall be registered only in respect of the balance, and \r\naccordingly if those obligations have been wholly satisfied, the award shall not be registered. \r\n \r\n4. Effect of registration. Subject to the provisions of this Act, an award registered under \r\nsection 3 shall, as respects the pecuniary obligations which it imposes, be of the same force and \r\neffect for the purposes of execution as if it had been a judgment of the High Court given when the \r\naward was rendered pursuant to the Convention and entered on the date of registration under this \r\nAct, and, so far as it relates to such pecuniary obligations,⸻ \r\n \r\n (a) proceedings may be taken on the award; \r\n \r\n (b) the sum for which the award is registered shall carry interest if the award so \r\n stipulates; and \r\n \r\n (c) the High Court shall have the same control over the execution of the \r\n award, as if the award had been a judgment of the High Court. \r\n \r\n5. Binding on the Government. Sections 3 and 4 shall bind the Government but not so \r\nas to make an award enforceable against the Government in a manner in which a judgment would not \r\nbe enforceable against the Government. \r\n \r\nProvided that section 3 and 4 shall not be binding on the Government in the case of awards \r\nto which it is not a party. \r\n \r\n 6. Government contribution to expenses under the Convention. Any sums required \r\nto meet any obligations of the Government arising out of Article 17 of the Convention (which \r\nobliges the Contracting States to meet any deficit of the Centre) shall be charged on Government \r\nand paid through the Budget. \r\n \r\n 7. Exclusion of Arbitration Act. The provisions of the Arbitration Act, 1940, (X of 1940) \r\nshall not apply to proceedings pursuant to the Convention. \r\n \r\n 8. Certain provisions of Convention to have force of law. (1) Notwithstanding anything \r\nto the contrary in any law, the provisions of Articles 18, 19, 20, 21(a), 22 of convention as it applies \r\nto Articles 21(a), 23(1) and 24 shall have the force of law. \r\n(2) Nothing in Article 24(1) of the Convention shall be construed as \r\n \r\n(a) entitling the Centre to import into Pakistan goods free of any customs \r\nduty without restriction on their subsequent sale therein; \r\n \r\n(b) conferring on the Centre and exemption from taxes or duties which form part \r\nof the price of goods sold; or \r\n \r\n(c) conferring on the Centre any exemption from taxes or duties rendered.\r\n \r\nPage 4 of 23 \r\n \r\n(3) For the purposes of Article 20 and Article 21(a) of the Convention as given the force of \r\nlaw by this section, a statement to the effect that the Centre has waived an immunity in the \r\ncircumstances specified in the statement, being a statement certified by the Secretary­General of the \r\nCentre, or by the person acting as Secretary­General, shall be conclusive evidence of such waiver. \r\n \r\n9.Power to make rules.⸻ The Federal Government may make rules \r\n \r\n(a) to prescribe the procedure for applying for registration of an award under this \r\n Act, and to require the applicant to give prior notice of his intention to register \r\n to other parties; \r\n \r\n(b) to prescribe matters to be proved on the application and the manner of proof, \r\n and in particular to require the applicant to furnish a copy of the award certified \r\n pursuant to the Convention; \r\n \r\n(c) to provide for the service of notice of registration of the award by the applicant \r\n on other parties; \r\n \r\n(d) to provide for the stay of execution whether provisionally or otherwise of any \r\n award r egistered under this Act in accordance with the provisions of the \r\nConvention; and \r\n \r\n(e) on any other matter which may be necessary to carryout the purposes of this \r\n Act. \r\n \r\n10. Federal Government to amend Schedule. The Federal Government may, by \r\nnotification in the official Gazette; amend the Schedule in conformity with any amendments to the \r\nprovisions, of the Convention set out therein which may hereafter be duly made and adopted. \r\n \r\n \r\n \r\nSCHEDULE \r\n \r\n[See sections 2(c) and 2 (e)] \r\n \r\nCONVENTION ON THE SETTLEMENT OF INVESTMENT DISPUTES BETWEEN \r\nSTATES AND NATIONALS OF OTHER STATES \r\n \r\nPREAMBLE \r\n \r\nThe Contracting States \r\n \r\nCONSIDERING the need for international cooperation for economic development, and the \r\nrole of private international investment therein; \r\n \r\nBEARING IN MIND the possibility that from time to time disputes may arise in connection \r\nwith such investment between Contracting States and nationals of other Contracting States; \r\n \r\nRECOGNIZING that while such disputes would usually be subject to national legal \r\nprocesses, international methods of settlement may be appropriate in certain cases; \r\n \r\nPage 5 of 23 \r\n \r\n ATTACHING PARTICULAR IMPORTANCE to the availability of facilities for international \r\nconciliation or arbitration to which Contracting States and nationals of other contracting States may \r\nsubmit such disputes if they so desire; \r\n \r\n DESIRING to establish such facilities under the auspices of the International Bank \r\nfor Reconstruction and Development; \r\n \r\n RECOGNIZING that mutual consent by the parties to submit such disputes to conciliation or \r\nto arbitration through such facilities constitutes a binding agreement which requires in particular \r\nthat due consideration be given to any recommendation of conciliators, and that any arbitral award \r\nbe complied with; and \r\n \r\n DECLARING that no Contracting State shall by the mere fact of its ratification acceptance \r\nor approval of this Convention and without its consent be deemed to be under any obligation to \r\nsubmit any particular dispute to conciliation or arbitration, \r\n \r\nHAVE AGREED as follows: ⸻ \r\n \r\nCHAPTER I \r\n \r\nINTERNATIONAL CENTRE FOR SETTLEMENT \r\nOF INVESTMENT DISPUTES \r\nSECTION 1: ESTABLISHMENT AND ORGANIZATION \r\nARTICLE 1 \r\n (1) There is hereby established the International Centre for Settlement of Investment \r\nDisputes (hereinafter called the Centre). \r\n \r\n (2) The purpose of the Centre shall be to provide facilities for conciliation and arbitration of \r\ninvestment disputes between Contracting States and nationals of other Contracting States in \r\naccordance with the provisions of this Convention. \r\n \r\nARTICLE 2 \r\n \r\n The seat of the Centre shall be at the principal office of the International Bank for \r\nReconstruction and Development (hereinafter called the Bank). The seat may be moved to another \r\nplace by decision of the Administrative Council adopted by a majority of two­thirds of its members. \r\n \r\nARTICLE 3 \r\n \r\n The Centre shall have an Administrative Council and a Secretariat and shall maintain a \r\nPanel of Conciliators and a Panel of Arbitrators. \r\n \r\n \r\nSECTION 2.⸻ THE ADMINISTRATIVE COUNCIL \r\n \r\nARTICLE 4 \r\n \r\n \r\nPage 6 of 23 \r\n \r\n (1) The Administrative Council shall be composed of one representative of each \r\nContracting State. An alternate may act as representative in case of his principal's absence from a \r\nmeeting or inability to act. \r\n \r\n (2) In the absence of a contrary designation, each Governor and alternate Governor of the \r\nBank appointed by a Contracting State shall be ex­officio its representative and its alternate \r\nrespectively. \r\n \r\nARTICLE 5 \r\n \r\n The President of the Bank shall be ex­officio Chairman of the Administrative Council \r\n(hereinafter called the Chairman) but shall have no vote. During his absence or inability to act and \r\nduring any vacancy in the office of President of the Bank, the person for the time being acting as \r\nPresident shall act as Chairman of the Administrative Council. \r\n \r\nARTICLE 6 \r\n \r\n (1) Without prejudice to the powers and functions vested in it by other provisions of \r\nthis Convention, the Administrative Council shall; \r\n \r\n (a) adopt the administrative and financial regulations of the Centre; \r\n \r\n (b) adopt the rules of procedure for the institution of conciliation and arbitration \r\n proceedings; \r\n \r\n (c) adopt the rules of procedure for conciliation and arbitration proceedings \r\n (hereinafter called the Conciliation Rules and the Arbitration Rules); \r\n \r\n (d) approve arrangements with the Bank for the use of the Bank's administrative \r\n facilities and services; \r\n \r\n (e) determine the conditions of service of the Secretary General and of any \r\n Deputy Secretary­ General; \r\n \r\n (f) adopt the annual budget of revenues and expenditures of the centre; \r\n \r\n (g) approve the annual report on the operation of the Centre. \r\n \r\n The decisions referred to in sub­paragraphs (a), (b),(c) and (f) above shall be adopted by a \r\nmajority of two­thirds of the members of the Administrative Council. \r\n \r\n (2) The Administrative Council may appoint such committees as it considers necessary. \r\n \r\n (3) The Administrative Council shall also exercise such other powers and perform such other \r\nfunctions as it shall determine to be necessary for the implementation of the provisions of the \r\nConvention. \r\nARTICLE 7 \r\n \r\n \r\nPage 7 of 23 \r\n \r\n (1) The Administrative Council shall hold an annual meeting and such other meetings as may \r\nbe determined by the Council, or convened by the Chairman, or convened by the Secretary­General \r\nat the request of not less than five members of the Council. \r\n \r\n (2) Each member of the Administrative Council shall have one vote and, except as otherwise \r\nherein provided, all matters before the Council shall be decided by a majority of the votes cast. \r\n \r\n (3) A quorum for any meeting of the Administrative Council shall be a majority of its members. \r\n \r\n (4) The Administrative Council may establish, by a majority of two­thirds of its members, a \r\nprocedure whereby the Chairman may seek a vote of the Council without convening a meeting of the \r\nCouncil. The vote shall be considered valid only if the majority of the members of the Council cast \r\ntheir votes within limit fixed by the said procedure. \r\n \r\nARTICLE 8 \r\n \r\n Members of the Administrative Council and the Chairman shall serve without remuneration \r\nfrom the Centre. \r\n \r\nSECTION 3.⸻ THE SECRETARIAT \r\n \r\nARTICLE 9 \r\n \r\n The Secretariat shall consist of a Secretary­General, one or more Deputy Secretaries­General \r\nand Staff. \r\n \r\nARTICLE 10 \r\n \r\n (1) The Secretary­General and any Deputy Secretary­General shall be elected by the \r\nAdministrative Council by a majority of two­thirds of its members upon the nomination of the \r\nChairman for a term of service not exceeding six years and shall be eligible for re­election. After \r\nconsulting the members of the Administrative Council, the Chairman shall propose one or more \r\ncandidates for each such office. \r\n \r\n (2)The offices of Secretary­General and Deputy Secretary­General shall be incompatible with \r\nthe exercise of any political function. Neither the Secretary­General nor any Deputy \r\nSecretary­General may hold any other employment or engage in any other occupation except with \r\nthe approval of the Administrative Council. \r\n \r\n (3) During the Secretary­General's absence or inability to act, and during any vacancy of the \r\noffice of Secretary­General, the Deputy Secretary General shall act as Secretary­General. If there \r\nshall be more than one Deputy Secretary­General, the Administrative Council shall determine in \r\nadvance the order in which they shall act as Secretary­General. \r\n \r\n \r\nARTICLE 11 \r\n \r\n The Secretary­General shall be the legal representative and the principal officer of the Centre \r\nand shall be responsible for its administration, including the appointment of staff in accordance with \r\nthe provisions of this Convention and the rules adopted by the Administrative Council. He shall \r\n \r\nPage 8 of 23 \r\n \r\nperform the function of registrar and shall have the power to authenticate arbitral awards rendered \r\npursuant to this Convention, and to certify copies thereof. \r\n \r\nSECTION 4.⸻ THE PANELS \r\n \r\nARTICLE 12 \r\n \r\n The Panel of Conciliators and the Panel of Arbitrators shall each consist of qualified, persons, \r\ndesignated as hereinafter provided, who are willing to serve thereon. \r\n \r\nARTICLE 13 \r\n \r\n (1) Each Contracting State may designate to each Panel four persons who may but need not be \r\nits nationals. \r\n \r\n (2) The Chairman may designate ten persons to each Panel. The persons so designated to a \r\nPanel shall each have a different nationality. \r\n \r\nARTICLE 14 \r\n \r\n (1) Person designated to serve on the Panels shall be persons of high moral character and \r\nrecognized competence in the fields of law, commerce, industry or finance, who may be relied upon \r\nto exercise independent judgment. Competence in the Field of law shall be of particular importance in \r\nthe case of persons on the Panel of Arbitrators. \r\n \r\n (2) The Chairman, in designating persons to serve on the Panels, shall in addition pay due \r\nregard to the importance of assuring representation on the Panels of the principal legal systems of the \r\nworld and of the main forms of economic activity. \r\n \r\nARTICLE 15 \r\n \r\n (1) Panel members shall serve for renewable periods of six years. \r\n \r\n (2) In case of death or resignation of a member of a Panel, the authority which designated the \r\nmember shall have the right to designate another person to serve for the remainder of that member's \r\nterm: \r\n \r\n (3) Panel members shall continue in office until their successors have been designated. \r\n \r\nARTICLE 16 \r\n \r\n (1) A person may serve on both Panels. \r\n \r\n (2) If a person shall have been designated to serve on the same Panel by more than \r\none Contracting State, or by one or more Contracting States and the Chairman, he shall be deemed \r\nto have been designated by the authority which First designated him or, if one such authority is the \r\nState or which he is a national, by that State. \r\n \r\n (3) All designations shall be notified to the Secretary­General and shall take effect from the \r\ndate on which the notification is received. \r\n \r\n \r\nPage 9 of 23 \r\n \r\nSECTION 5.⸻ FINANCING THE CENTRE \r\n \r\nARTICLE 17 \r\n \r\n If the expenditure of the Centre cannot be met out of charges for the use of its facilities, or out \r\nof other receipts, the excess shall be borne by Contracting States which are members of the Bank in \r\nproportion to their respective subscriptions to the capital stock of the Bank, and by Contracting States \r\nwhich are not members of the Bank in accordance with rules adopted by the Administrative Council. \r\n \r\nSECTION 6: STATUS, IMMUNITIES AND PRIVILEGES \r\nARTICLE 18 \r\n The Centre shall have full international legal personality. The legal capacity of the Centre \r\nshall include the capacity: \r\n \r\n (a) to contract; \r\n \r\n (b) to acquire and dispose of movable and immovable property; \r\n \r\n (c) to institute legal proceedings. \r\n \r\nARTICLE 19 \r\n \r\n To enable the Centre to fulfill its functions, it shall enjoy in the territories of each \r\nContracting State the immunities and privileges set forth in the section. \r\n \r\nARTICLE 20 \r\n \r\n The Centre, its property and assets shall enjoy immunity from all legal process, except \r\nwhen the Centre waives this immunity. \r\n \r\nARTICLE 21 \r\n \r\n The Chairman, the Members of the Administrative Council, persons acting as conciliators or \r\narbitrators or Members of a Committee appointed pursuant to paragraph (3) of Article 52, and the \r\nofficers and employees of the Secretariat: \r\n \r\n (a) shall enjoy immunity from legal process with respect to acts performed by \r\n them in the exercise of their functions, except when the Centre waives this \r\n immunity; \r\n \r\n(b) not being local nationals, shall enjoy the same immunities from immigration \r\nrestrictions, alien registration requirements and national service obligations, the \r\nsame facilities as regards exchange restrictions and the same treatment in \r\nrespect of traveling facilities as are accorded by Contracting States to the \r\nrepresentatives, officials and employees of comparable rank of other \r\nContracting States. \r\n \r\n \r\n \r\nPage 10 of 23 \r\n \r\nARTICLE 22 \r\n \r\n The provisions of Article 21 shall apply to persons appearing in proceedings under \r\nthis Convention as parties, agents, counsel, advocates, witnesses or experts; provided, however, that \r\nsub­ paragraph (b) thereof shall apply only in connection with their travel to and from, and their \r\nstay at, the place where the proceedings are held. \r\n \r\nARTICLE 23 \r\n \r\n (1) The archives of the Centre shall be inviolable, wherever they may be. \r\n \r\n (2) With regard to its official communications, the Centre shall be accorded by each \r\nContracting State treatment not less favorable than that accorded to other international organizations. \r\n \r\nARTICLE 24 \r\n \r\n (1) The Centre, its assets, property and income, and its operations and transactions authorized \r\nby this Convention shall be exempt from all taxation and customs duties. The Centre shall also \r\nbe exempt from liability for the collection or payment of any taxes or customs duties. \r\n \r\n (2) Except in the case of local nationals, no tax shall be levied on or in respect of expense \r\nallowances paid by the Centre to the Chairman or members of the Administrative Council, or on or in \r\nrespect of salaries, expense allowances or other emoluments paid by the Centre to officials or \r\nemployees of the Secretariat. \r\n \r\n (3) No tax shall be levied on or in respect of fees or expense allowances received by persons \r\nacting as conciliators, or arbitrators, or members of a Committee appointed pursuant to paragraph (3) \r\nof Article 52, in proceedings under this Convention, if the sole jurisdictional basis for such tax is the \r\nlocation of the Centre or place where such proceedings are conducted or the place where such fees or \r\nallowances are paid. \r\n \r\nCHAPTER II \r\n \r\nJURISDICTION OF THE CENTRE \r\nARTICLE 25 \r\n (1) The jurisdiction of the Centre shall extend to any legal dispute arising directly out of an \r\ninvestment, between a Contracting State (or any constituent sub­division or agency of a Contracting \r\nState designated to the Centre by that State) and a national of another Contracting State, which the \r\nparties to the dispute consent in writing to submit to the Centre. When the parties have given their \r\nconsent, no party may withdraw its consent unilaterally. \r\n \r\n (2) “National of another Contracting State” means: \r\n \r\n (a) any natural person who had the nationality of a Contracting State other than \r\n the State party to the dispute on the date on which the parties consented to \r\n submit such dispute to conciliation or arbitration as well as on the date on which \r\n the request was registered pursuant to paragraph (3) of Article 28 or \r\n paragraph (3) of Article 36, but does not include any person who on either \r\n date also had the nationality of the Contracting State party to the dispute; and \r\n \r\nPage 11 of 23 \r\n \r\n \r\n (b) any juridical person which had the nationality of a Contracting State other than \r\n the State party to the dispute on the date on which the parties consented to \r\n submit such dispute to conciliation or arbitration and any juridical person \r\n which had the nationality of the Contracting State party to the dispute on \r\n that date and which, because of foreign control, the parties have agreed should \r\n be treated as a national of another Contracting State for the purposes of this \r\n Convention. \r\n \r\n (3) Consent by a constituent sub­division or agency of a Contracting State shall require \r\nthe approval of that State unless that State notifies the Centre that no such approval is required. \r\n \r\n (4) Any Contracting State may, at the time of ratification, acceptance or approval of \r\nthis Convention or at any time thereafter, notify the Centre of the class or classes of disputes which \r\nit would or would not consider submitting to the jurisdiction of the Centre. The Secretary­General \r\nshall forthwith transmit such notification to all Contracting States. Such notification shall not constitute \r\nthe consent required by paragraph (1). \r\n \r\nARTICLE 26 \r\n \r\n Consent of the parties to arbitration under this Convention shall, unless otherwise stated, be \r\ndeemed consent to such arbitration to the exclusion of any other remedy. A Contracting State may \r\nrequire the exhaustion of local administrative or judicial remedies as a condition of its consent to \r\narbitration under this Convention. \r\n \r\nARTICLE 27 \r\n \r\n (1) No Contracting State shall give diplomatic protection, or bring an international claim, in \r\nrespect of a dispute which one of its nationals and another Contracting State shall have consented to \r\nsubmit or shall have submitted to arbitration under this Convention, unless such other Contracting \r\nState shall have failed to abide by and comply with the award rendered in such dispute. \r\n \r\n (2) Diplomatic protection, for the purposes of paragraph (1), shall not include informal \r\ndiplomatic exchanges for the sole purpose of facilitating a settlement of the dispute. \r\n \r\nCHAPTER III \r\n \r\nCONCILIATION \r\n \r\nSECTION 1.⸻ REQUEST FOR CONCILIATION. \r\n \r\nARTICLE 28 \r\n \r\n (1) Any Contracting State or any national of a Contracting State wishing to institute \r\nconciliation proceedings shall address a request to that effect in writing to the Secretary­General who \r\nshall send a copy of the request to the other party. \r\n \r\n (2) The request shall contain information concerning the issues in dispute, the identity of the \r\nparties and their consent to conciliation in accordance with the rules of procedure for the institution \r\nof conciliation and arbitration proceedings. \r\n \r\nPage 12 of 23 \r\n \r\n \r\n (3) The Secretary­General shall register the request unless he finds, on the basis of \r\nthe information contained in the request, that the dispute is manifestly outside the jurisdiction of the \r\nCentre. He shall forthwith notify the parties of registration or refusal to register. \r\n \r\nSECTION 2.⸻ CONSTITUTION OF THE CONCILIATION COMMISSION. \r\n \r\nARTICLE 29 \r\n \r\n (1) The Conciliation Commission (hereinafter called the Commission) shall be constituted as \r\nsoon as possible after registration of a request pursuant to Article 28. \r\n \r\n(2) (a) The Commission shall consist of a sole conciliator or any uneven number of \r\nconciliators appointed as the parties shall agree. \r\n \r\n(b) Where the parties do not agree upon the number of conciliators and the method of \r\ntheir appointment, the Commission shall consist of three conciliators, one conciliator \r\nappointed by each party and the third, who shall be the President of the Commission, \r\nappointed by agreement of the parties. \r\n \r\nARTICLE 30 \r\n \r\n If the Commission shall not have been constituted within 90 days after notice of registration \r\nof the request has been d ispatched by the Secretary­General in accordance with p aragraph (3) of \r\nArticle 28, or such other period as the parties may agree, the Chairman shall, at the request of either \r\nparty and after consulting both parties as far as possible, appoint the conciliator or conciliators not \r\nyet appointed. \r\n \r\nARTICLE 31 \r\n \r\n (1) Conciliators may be appointed from outside the Panel of Conciliators, except in the case \r\nof appointments by the Chairman pursuant to Article 30. \r\n \r\n (2) Conciliators appointed from outside the Panel of Conciliators shall possess the qualities \r\nstated in paragraph (1) of Article 14. \r\n \r\nSECTION 3.⸻ CONCILIATION PROCEEDINGS \r\n \r\nARTICLE 32 \r\n \r\n (1) The Commission shall be the Judge of its own competence. \r\n \r\n (2) Any objection by a party to the dispute that the dispute is not within the jurisdiction of the \r\nCentre, or for other reasons is not within the competence of the Commission, shall be considered by \r\nthe Commission which shall determine whether to deal with it as a preliminary question or to join it to \r\nthe merits of the dispute. \r\n \r\nARTICLE 33 \r\n \r\n \r\nPage 13 of 23 \r\n \r\n Any conciliation proceeding shall be conducted in accordance with the provisions of this \r\nsection and, except as the parties otherwise agree, in accordance with the Conciliation Rules in effect \r\non the date on which the parties consented to conciliation. If any question of procedure arises which \r\nis not covered by this section or the Conciliation Rules or any rules agreed by the parties, the \r\nCommission shall decide the question. \r\n \r\nARTICLE 34 \r\n \r\n (1) It shall be the duty of the Commission to clarify the issues in dispute between the parties \r\nand to endeavor to bring about agreement between them upon mutually acceptable terms. To that end, \r\nthe Commission may at any stage of the proceedings and from time to time recommend terms \r\nof settlement to the parties. The parties shall cooperate in good faith with the Commission in order to \r\nenable the Commission to carry out its functions, and shall give their most serious consideration to its \r\nrecommendations. \r\n \r\n (2) If the parties reach agreement, the Commission shall draw up a report noting the issues \r\nin dispute and recording that the parties have reached agreement. If, at any stage of the proceedings, \r\nit appears to the Commission that there is no likelihood of agreement between the parties, it shall \r\nclose the proceedings and shall draw up a report noting the submission of the dispute and recording \r\nthe f ailure of the parties to reach agreement. If one party fails to appear or participate in the \r\nproceedings, the Commission shall close the proceedings and shall draw up a report noting that party's \r\nfailure to appear or participate. \r\n \r\nARTICLE 35 \r\n \r\n Except as the parties to the dispute shall o therwise agree, neither party to a conciliation \r\nproceeding shall be entitled in any other proceeding, whether before arbitrators or in a Court of law \r\nor otherwise to invoke or rely on any views expressed or statements or admissions or offers of \r\nsettlement made by the other party in the conciliation proceedings, or the report of any \r\nrecommendations made by the Commission. \r\n \r\nCHAPTER IV \r\n \r\nARBITRATION \r\n \r\nSECTION 1.⸻ REQUEST FOR ARBITRATION \r\n \r\nARTICLE 36 \r\n \r\n (1) Any Contracting State or any national of a Contracting State wishing to institute \r\narbitration proceedings shall address a request to that effect in writing to the Secretary­General who \r\nshall send a copy of the request to the other party. \r\n \r\n (2) the request shall contain information concerning the issues in dispute, the identity of \r\nthe parties and their consent to arbitration in accordance with the rules of procedure for the institution \r\nof conciliation and arbitration proceedings. \r\n \r\n \r\nPage 14 of 23 \r\n \r\n (3) The Secretary­General shall register the request unless he finds, on the basis of \r\nthe information contained in the request that the dispute is manifestly outside the jurisdiction of the \r\nCentre. He shall forthwith notify the patties of registration or refusal to register. \r\n \r\nSECTION 2.⸻ CONSTITUTION OF THE TRIBUNAL \r\nARTICLE 37 \r\n (1) The Arbitral Tribunal (hereinafter called the Tribunal) shall be constituted as soon as \r\npossible after registration of a request pursuant to Article 36. \r\n \r\n (2) (a) Tribunal shall consist of a sole arbitrator or any uneven number of arbitrators appointed \r\nas the parties shall agree. \r\n \r\n (b) Where the parties do not agree upon the number of arbitrators and the method of their \r\n appointment, the Tribunal shall consist of three arbitrators, one arbitrator appointed \r\n by each party and the third, who shall be the President of the Tribunal, appointed \r\n by agreement of the parties. \r\n \r\nARTICLE 38 \r\n \r\n If the Tribunal shall not have been constituted within 90 days after notice of registration of \r\nthe request has been dispatched by the Secretary­General in accordance with paragraph (3) of Article \r\n36, or such other period as the parties may agree, the Chairman shall, at the request of either party \r\nand after consulting both parties as far as possible, appoint the arbitrator or arbitrators not yet \r\nappointed. Arbitrators appointed by the Chairman pursuant to this Article shall not be nationals of \r\nthe Contracting State party to the dispute. or of the Contracting State whose national is a party to \r\nthe dispute. \r\n \r\nARTICLE 39 \r\n \r\n The majority of the arbitrators shall be nationals of States other than the Contracting State \r\nparty to the dispute and the Contracting State whose national is a party to the dispute; provided, \r\nhowever, that the foregoing provisions of this Article shall not apply if the sole arbitrator or each \r\nindividual member of the Tribunal has been appointed by agreement of the parties. \r\n \r\nARTICLE 40 \r\n \r\n (1) Arbitrators may be appointed from outside the Panel of Arbitrators, except in the case of \r\nappointments by the Chairman pursuant to Article 38. \r\n \r\n (2) Arbitrators appointed from outside the Panel of Arbitrators shall possess the qualities stated \r\nin paragraph (1) of Article 14. \r\n \r\nSECTION 3.⸻ POWERS AND FUNCTIONS OF THE TRIBUNAL \r\n \r\nARTICLE 41 \r\n \r\n (1) The Tribunal shall be the judge of its own competence. \r\n \r\n \r\nPage 15 of 23 \r\n \r\n (2) Any objection by a party to the dispute that dispute is not within the jurisdiction of the \r\nCentre, or for other reasons is not within the competence of the Tribunal, shall be considered by the \r\nTribunal which shall determine whether to deal with it as a preliminary question or to join it to the \r\nmerits of the dispute. \r\n \r\nARTICLE 42 \r\n \r\n (1) The Tribunal shall decide a dispute in accordance with such rules of law as may be agreed \r\nby the parties. In the absence of such agreement, the Tribunal shall apply the law of the Contracting \r\nState party to the dispute (including its rules on the conflict of laws) and such rules of international \r\nlaw as may be applicable. \r\n \r\n (2) The Tribunal may not bring in a finding of non liquet on the ground of silence or obscurity \r\nof the law. \r\n \r\n (3) The provisions of paragraphs (1) and (2) shall not prejudice the power of the Tribunal \r\nto decide a dispute ex aequo et bono if the parties so agree. \r\n \r\nARTICLE 43 \r\n \r\n (1) Except as the parties otherwise agree, the Tribunal may, if it deems it necessary at any \r\nstage of the proceedings; \r\n \r\n (a) call upon the parties to produce documents or other evidence, and \r\n \r\n (b) visit the scene connected with the dispute, and conduct such inquiries \r\n there as it may deem appropriate. \r\n \r\nARTICLE 44 \r\n \r\n Any arbitration proceeding shall be conducted in accordance with the provisions of this \r\nsection and, except as the parties otherwise agree, in accordance with the arbitration Rules in effect \r\non the date on which the parties consented to arbitration. If any question of procedure arises which is \r\nnot covered by this section or the Arbitration Rules or any rules agreed by the parties, the Tribunal \r\nshall decide the question. \r\n \r\nARTICLE 45 \r\n \r\n (1) Failure of a party to appear or to present his case shall not be deemed an admission of \r\nthe other party's assertions. \r\n \r\n (2) If a party fails to appear or to present his case at any stage of the proceedings the other \r\nparty may request the Tribunal to deal with the questions submitted to it and to render an award. \r\nBefore rendering an award, the Tribunal shall notify, and grant a period of grace to, the party \r\nfailing to appear or to present its case, unless it is satisfied that party does not intend to do so. \r\n \r\nARTICLE 46 \r\n \r\n Except as the parties otherwise agree, the Tribunal shall, if requested by a party, determine \r\nany incidental or additional claims or counter­claims arising directly out of the subject­matter of the \r\n \r\nPage 16 of 23 \r\n \r\ndispute provided that they are within the scope of the consent of the parties and are otherwise within \r\nthe jurisdiction of the Centre. \r\n \r\nARTICLE 47 \r\n \r\n Except as the parties otherwise agree, the Tribunal may, if it considers that the circumstances \r\nso require, recommend any provisional measures which should be taken to preserve the respective \r\nrights of either party. \r\n \r\nSECTION 4.⸻ THE AWARD \r\n \r\nARTICLE 48 \r\n \r\n (1) The Tribunal shall decide questions by a majority of the votes of all its members. \r\n \r\n (2) The award of the Tribunal shall be in writing and shall be signed by the Members \r\nof the Tribunal who voted for it. \r\n \r\n (3) The award shall deal with every question submitted to the Tribunal, and shall state the \r\nreasons upon which it is based. \r\n \r\n (4) Any Member of the Tribunal may attach his individual opinion to the award, \r\nwhether he dissents from the majority or not, or a statement of his dissent. \r\n \r\n (5) The Centre shall not publish the award without the consent of the parties. \r\n \r\nARTICLE 49 \r\n \r\n (1) The Secretary­General shall promptly dispatch certified copies of the award to the parties. \r\nThe award shall be deemed to have been rendered on the date on which the certified copies were \r\ndispatched. \r\n \r\n (2) The Tribunal upon the request of a party made within 45 days after the date on which the \r\naward was rendered may after notice to the other party decide any question which it had omitted to \r\ndecide in the award, and shall rectify any clerical, arithmetical or similar error in the award. Its \r\ndecision shall become part of the award and shall be notified to the parties in the same manner as the \r\naward. The periods of time provided for under paragraph (2) of Article 51 and paragraph (2) of \r\nArticle 52 shall run from the date on which the decision was rendered. \r\n \r\nSECTION 5.⸻ INTERPRETATION, REVISION AND ANNULMENT OF THE AWARD \r\n \r\nARTICLE 50 \r\n \r\n (1) If any dispute shall arise between the parties as to the meaning or scope of an award, \r\neither party may request interpretation of the award by an application in writing addressed to the \r\nSecretary­ General. \r\n \r\n (2) The request shall, if possible, be submitted to the Tribunal which rendered the award. If \r\nthis shall not be possible, a new Tribunal shall be constituted in accordance with section 2 of this \r\n \r\nPage 17 of 23 \r\n \r\nChapter. The Tribunal may, if it considers that the circumstances so require, stay enforcement of the \r\naward pending its decision. \r\n \r\nARTICLE 51 \r\n \r\n (1) Either party may request revision of the award by an application in writing addressed to \r\nthe Secretary­General on the ground of discovery of some fact of such a nature as decisively to affect \r\nthe award, provided that when the award was rendered that fact was unknown to the Tribunal and to \r\nthe applicant and that the applicant's ignorance of that fact was not due to negligence. \r\n \r\n (2) The application shall be made within 90 days after the discovery of such fact and in any \r\nevent within three years after the date on which the award was rendered. \r\n \r\n (3) The request shall, if possible, be submitted to the Tribunal which rendered the award. If \r\nthis shall not be possible, a new Tribunal shall be constituted in accordance with section 2 of this \r\nChapter. \r\n \r\n (4) The Tribunal may, if it considers that the circumstances so require, stay enforcement of \r\nthe award pending its decision. If the applicant requests a stay of enforcement of the award in his \r\napplication, enforcement shall be stayed provisionally until the Tribunal rules on such request. \r\n \r\nARTICLE 52 \r\n \r\n (1) Either party may request annulment of the award by an application in writing addressed to \r\nthe Secretary­General on one or more of the following grounds: \r\n \r\n (a) that the Tribunal was not properly constituted; \r\n \r\n (b) that the Tribunal has manifestly exceeded its powers; \r\n \r\n (c) that there was corruption on the part of a Member of the Tribunal; \r\n \r\n (d) that there has been a serious departure from a fundamental rule of procedure; \r\n or \r\n \r\n (e) that the award has failed to state the reasons on which it is based. \r\n \r\n (2) The application shall be made within 120 days after the date on which the award \r\nwas rendered except that when annulment is requested on the ground of corruption such application \r\nshall be made within 120 days after discovery of the corruption and in any event within three years \r\nafter the date on which the award was rendered. \r\n \r\n (3) On receipt of the request the Chairman shall forthwith appoint from the Panel of \r\nArbitrators an ad hoc Committee of three persons. None of the Members of the Committee shall have \r\nbeen a Member of the Tribunal which rendered the award, shall be of the same nationality as any \r\nsuch member, shall be a national of the State party to the dispute or of the State whose national is a \r\nparty to the dispute, shall have been designated to the Panel of Arbitrators by either of those States, or \r\nshall have acted as a conciliator in the same dispute. The Committee shall have the authority to annul \r\nthe award or any part thereof on any of the grounds set forth in paragraph (1). \r\n \r\n \r\nPage 18 of 23 \r\n \r\n (4) The provisions of Articles 41, 45, 48, 49, 53 and 54, and of Chapters VI and VII shall \r\napply mutatis mutandis to proceedings before the Committee. \r\n \r\n (5) The Committee may, if it considers that the circumstances so require, stay enforcement of \r\nthe award pending its decision. If the applicant requests a stay of enforcement of the award in his \r\napplication, enforcement shall be stayed provisionally until the Committee rules on such request. \r\n \r\n (6) If the award is annulled the dispute shall, at the request of either party, be submitted to a \r\nnew Tribunal constituted in accordance with section 2 of this Chapter. \r\n \r\nSECTION 6.⸻ RECOGNITION AND ENFORCEMENT OF THE AWARD \r\n \r\nARTICLE 53 \r\n \r\n (1) The award shall be binding on the parties and shall not be subject to any appeal or to \r\nany other remedy except those provided for in this Convention. Each party shall abide by and \r\ncomply with the terms of the award except to the extent that enforcement shall have been stayed \r\npursuant to the relevant provisions of this Convention. \r\n \r\n (2) For the purposes of this section, “award” shall include any decision interpreting, revising \r\nor annulling such award pursuant to Articles 50, 51 or 52. \r\n \r\nARTICLE 54 \r\n \r\n (1) Each Contracting State shall recognize an award rendered pursuant to this convention as \r\nbinding and enforce the pecuniary obligations imposed by that award within its territories as if it \r\nwere a final judgment of a Court in that State. A Contracting State with a federal constitution may \r\nenforce such an award in or through its federal Courts and may provide that such Courts shall treat \r\nthe award as if it were a final judgment of the courts of a constituent state. \r\n \r\n (2) A party seeking recognition or enforcement in the territories of a Contracting State shall \r\nfurnish to a competent Court or other authority which such State shall have designated for this \r\npurpose a copy of the award certified by the Secretary­General. Each Contracting State shall notify \r\nthe Secretary­General of the designation of the competent Court or other authority for this purpose \r\nand of any subsequent change in such designation. \r\n \r\n (3) Execution of the award shall be governed by the laws concerning the execution of \r\njudgments in force in the State in whose territories such execution is sought. \r\n \r\nARTICLE 55 \r\n \r\n Nothing in Article 54 shall be construed as derogating from the law in force in any \r\nContracting State relating to immunity of that State or of any foreign State from execution. \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\nPage 19 of 23 \r\n \r\nCHAPTER V \r\n \r\nREPLACEMENT AND DISQUALIFICATION OF \r\nCONCILIATORS AND ARBITRATORS \r\nARTICLE 56 \r\n (1) After a Commission or a Tribunal has been constituted and proceedings have begun, its \r\ncomposition shall remain unchanged; provided, however, that if a conciliator or an arbitrator should \r\ndie, become incapacitated, or resign, the resulting vacancy shall be filled in accordance with the \r\nprovisions of section 2 of Chapter III or section 2 of Chapter IV. \r\n \r\n (2) A member of a Commission or Tribunal shall continue to serve in that capacity \r\nnotwithstanding that he shall have ceased to be a member of the Panel. \r\n \r\n (3) If a conciliator or arbitrator appointed by a party shall have resigned without the consent \r\nof the Commission or Tribunal of which he was a member, the Chairman shall appoint a person from \r\nthe appropriate Panel to fill the resulting vacancy. \r\n \r\nARTICLE 57 \r\n \r\n A party may propose to a Commission or Tribunal the disqualification of any of its members \r\non account of any fact indicating a manifest lack of the qualities required by paragraph (1) of Article \r\n14. A party to arbitration proceedings may, in addition, propose the disqualification of an arbitrator \r\non the ground that he was ineligible for appointment to the Tribunal under section 2 of Chapter IV. \r\n \r\nARTICLE 58 \r\n \r\n The decision on any proposal to disqualify a conciliator or arbitrator shall be taken by the \r\nother members of the Commission or Tribunal as the case may be, provided that where those members \r\nare equally divided, or in the case of a proposal to disqualify a sole conciliator or arbitrator, or a \r\nmajority of the conciliators or arbitrators, the Chairman shall take that decision. If it is decided \r\nthat the proposal well­founded the conciliator or arbitrator to whom the decision relates shall be \r\nreplaced in accordance with the provisions of section 2 of Chapter III or Section 2 of Chapter IV. \r\n \r\nCHAPTER VI \r\n \r\nCOST OF PROCEEDINGS \r\nARTICLE 59 \r\n The charges payable by the parties for the use of the facilities of the Centre shall be \r\ndetermined by the Secretary­General in accordance with the regulations adopted by the Administrative \r\nCouncil. \r\n \r\nARTICLE 60 \r\n \r\n (2) Each Commission and each Tribunal shall determine the fees and expenses of its members \r\nwithin limits established from time to time by the Administrative Council and after consultation with \r\nthe Secretary­General. \r\n \r\nPage 20 of 23 \r\n \r\n \r\n (2) Nothing in paragraph (1) of this Article shall preclude the parties from agreeing in advance \r\nwith the Commission or Tribunal concerned upon the fees and expenses of its members. \r\n \r\nARTICLE 61 \r\n \r\n (1) In the case of conciliation proceedings the fees and expenses of Members of the \r\nCommission as well as the charges for the use of the facilities of the Centre, shall be borne equally \r\nby the parties. Each party shall bear any other expenses it incurs in connection with the proceedings. \r\n \r\n (2) In the case of arbitration proceedings the Tribunal shall, except as the parties otherwise \r\nagree, assess the expenses incurred by the parties in connection with the proceedings, and shall decide \r\nhow and by whom those expenses, the fees and expenses of the members of the Tribunal and the \r\ncharges for the use of the facilities of the Centre shall be paid. Such decision shall form part of the \r\naward. \r\n \r\nCHAPTER VII \r\nPLACE OF PROCEEDINGS \r\nARTICLE 62 \r\n Conciliation and arbitration proceedings shall be held at the seat of the Centre \r\nexcept as hereinafter provided. \r\n \r\nARTICLE 63 \r\n \r\n Conciliation and arbitration proceedings may be held, if the parties so agree, \r\n \r\n (a) at the seat of the Permanent Court of Arbitration or of any other appropriate \r\n institution, whether private or public, with which the Centre may make \r\n arrangements for that purpose; or \r\n \r\n(b) at any other place approved by the Commission or Tribunal after consultation \r\nwith the Secretary­General. \r\n \r\nCHAPTER VIII \r\n \r\nDISPUTES BETWEEN CONTRACTING STATES \r\nARTICLE 64 \r\nAny dispute arising between, Contracting States concerning the interpretation or application of this \r\nConvention which is not settled by negotiation shall be referred to the International Court of Justice \r\nby the application of any party to such dispute, unless the States concerned agree to another method \r\nof settlement. \r\n \r\n \r\n \r\n \r\n \r\n \r\nPage 21 of 23 \r\n \r\nCHAPTER IX \r\n \r\nAMENDMENT \r\nARTICLE 65 \r\n Any Contracting State may propose amendment of this Convention. The text of a proposed \r\namendment shall be communicated “to the Secretary­General not less than 90 days prior to the \r\nmeeting of the Administrative Council at which such amendment is to be considered and shall \r\nforthwith be transmitted by him to all the Members of the Administrative Council. \r\n \r\nARTICLE 66 \r\n \r\n (1) If the Administrative Council shall so decide by a majority of two­thirds of its members, \r\nthe proposed amendment shall be circulated to all Contracting States for ratification, acceptance or \r\napproval. Each amendment shall enter into force 30 days after dispatch by the depository of the \r\nConvention of a notification to Contracting States that all Contracting States have ratified, accepted \r\nor approved the amendment. \r\n \r\n (2) No amendment shall affect the rights or obligations under this Convention of any \r\nContracting State or of any of its constituent sub­divisions or agencies, or of any national of such State \r\narising out of consent to the jurisdiction of the Centre given before the date of entry into \r\nforce of the amendment. \r\n \r\nCHAPTER X \r\n \r\nFINAL PROVISIONS \r\nARTICLE 67 \r\n This Convention shall be open for signature on behalf of States members of the Bank. It shall \r\nalso be open for signature on behalf of any other State which is a party to the Statute of the \r\nInternational Court of Justice and which the Administrative Council, by a vote of two­thirds of its \r\nmembers, shall have invited to sign the Convention. \r\n \r\nARTICLE 68 \r\n \r\n (1) This Convention shall be subject to ratification, acceptance or approval by the signatory \r\nStates in accordance with their respective constitutional procedures. \r\n \r\n (2) This Convention shall enter into force 30 days after the date of deposit of the twentieth \r\ninstrument of ratification, acceptance or approval. It shall enter into force for each State which \r\nsubsequently deposits its instrument of ratification, acceptance or approval 30 days after the date of \r\nsuch deposit. \r\n \r\nARTICLE 69 \r\n \r\n Each Contracting State shall take such legislative or other measures as may be necessary for \r\nmaking the provisions of this Convention effective in its territories. \r\n \r\n \r\n \r\nPage 22 of 23 \r\n \r\nARTICLE 70 \r\n \r\n This Convention shall apply to all territories for whose international relations a Contracting \r\nState is responsible, except those which are excluded by such State by written notice to the depository \r\nof this Convention either at the time of ratification, acceptance, or approval or subsequently. \r\n \r\nARTICLE 71 \r\n \r\n Any Contracting State may denounce this Convention by written notice to the depositary of \r\nthis Convention. The denunciation shall take effect six months after receipt of such notice. \r\n \r\nARTICLE 72 \r\n \r\n Notice by Contracting State pursuant to Article 70 or 71 shall not affect the rights or obligations \r\nunder this Convention of that State or of any of its constituent sub­divisions or agencies or of any \r\nnational of that State arising out of consent to the jurisdiction of the Centre given by one of them before \r\nsuch notice was received by the depositary. \r\n \r\nARTICLE 73 \r\n \r\n Instruments of ratification, acceptance or approval of this Convention and of amendments \r\nthereto shall be deposited with the Bank which shall act as the depositary of this Convention. The \r\ndepositary shall transmit certified copies of this Convention to States members of the Bank and to \r\nany other State invited to sign the Convention. \r\n \r\nARTICLE 74 \r\n \r\n The depositary shall register this Convention with the Secretariat of the United Nations in \r\naccordance with Article 102 of the Charter of the United Nations and the Regulations there under \r\nadopted by the General Assembly. \r\n \r\nARTICLE 75 \r\n The depositary shall notify all signatory States of the following: \r\n \r\n (a) signatures in accordance with Article 67; \r\n \r\n (b) deposits of instruments of ratification, acceptance and approval in \r\n accordance with Article 73; \r\n \r\n (c) the date on which this Convention enters into force in accordance with Article \r\n 68; \r\n \r\n (d) exclusions from territorial application pursuant to Article 70; \r\n \r\n (e) the date on which any amendment of this Convention enters into force in \r\n accordance with Article 66; and \r\n \r\n (f) denunciations in accordance with Article 71. \r\n \r\n \r\nPage 23 of 23 \r\n \r\n DONE at Washington, in the English, French and Spanish languages, all three texts being \r\nequally authentic, in a single copy which shall remain deposited in the archives of the International \r\nBank for Reconstruction and Development, which has indicated by its signature below its agreement \r\nto fulfill the functions with which it is charged under this Convention.", "passage_offset_convention": "zero-based Unicode code points and UTF8 bytes; end exclusive", "passages": [ { "passage_id": "law:pk-code-34bf3b16675f3cb4:sha256:4e196ab0e4aee964c3d15afc695ab0bed00e89e71d30f075b3944e856feebf6f:chars-0-1729:08bb673f8c95be945cb2cfa5a5af653d501d6d8aa908d1f81ba2438cbf9988fc", "character_start": 0, "character_end": 1729, "utf8_byte_start": 0, "utf8_byte_end": 1737, "passage_sha256": "08bb673f8c95be945cb2cfa5a5af653d501d6d8aa908d1f81ba2438cbf9988fc", "reader_fragment": "p-0-1729-08bb673f8c95be94" }, { 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