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ARTICLE 13

Conversion and Remittance of Revenue

(1) The designated airlines of Hong Kong shall have the

right to convert and remit from Indonesia on demand local revenues in excess of sums locally disbursed. The designated

airlines of Indonesia shall have the right to convert and

remit from Hong Kong on demand local revenues in excess of

sums locally disbursed.

(2) The conversion and remittance of such revenues shall be

permitted without restriction at the rate of exchange

applicable

current transactions which is in effect at the

such revenues

time

to

are presented for conversion and

remittance, and shall not be subject to any charges except those normally made by banks for carrying out such conversion

and remittance.

A

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