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722
CH. 41 Arbitration (International Investment Disputes)
Act 1966
CHAPTER VII
PLACE OF PROCEEDINGS
ARTICLE 62
Conciliation and arbitration proceedings shall be held at the se of the Centre except as hereinafter provided.
ARTICLE 63
Conciliation and arbitration proceedings may be held, if the parties so agree,
(a) at the seat of the Permanent Court of Arbitration or of any other appropriate institution, whether private or public. with which the Centre may make arrangements for that purpose; or
(b) at any other place approved by the Commission or Tribunal
after consultation with the Secretary-General.
CHAPTER VIII
! DISPUTES BETWEEN CONTRACTING STATES
ARTICLE 64
Any dispute arising between Contracting States concerning the interpretation or application of this Convention which is not settled by negotiation shall be referred to the International Court of Justice by the application of any party to such dispute, unless the States concerned agree to another method of settlement.
CHAPTER IX
AMENDMENT
ARTICLE 65
Any Contracting State may propose amendment of this Conven- tion. The text of a proposed amendment shall be communicated to the Secretary-General not less than 90 days prior to the meeting of the Administrative Council at which such amendment is to be considered and shall forthwith be transmitted by him to aii the members of the Administrative Council.
ARTICLE 66
(1) If the Administrative Council shall so decide by a majority of two-thirds of its members, the proposed amendment shall be circulated to all Contracting States for ratification, acceptance of approval. Each amendment shall enter into force 30 days after dispatch by the depositary of this Convention of a notification to Contracting States that all Contracting States have ratified, accepted or approved the amendment
(2) No amendment shall affect the rights and obligations under this Convention of any Contracting State or of any of its constituent