procedure.
(4)
Except as otherwise agreed by the Contracting Parties or
prescribed by the tribunal, each Contracting Party shall submit a
memorandum within forty five days after the tribunal is fully
constituted. Replies shall be due sixty days later. The tribunal
shall hold a hearing at the request of either Contracting Party,
or at its discretion, within thirty days after replies are due.
(5)
The tribunal shall decide on the basis of respect for the
law. Before the tribunal decides, it may, at any stage of the
proceedings, propose to the Contracting Parties that the dispute
be settled amicably.
(6)
The tribunal shall attempt to give a written decision
within thirty days after completion of the hearing or, if no
hearing is held, after the date both replies are submitted.
decision shall be taken by a majority vote.
(7)
The
The Contracting Parties may submit requests for
clarification of the decision within fifteen days after it is
received and such
be issued within fifteen
such clarification shall
days of such request.
(8)
The decision of the tribunal shall be
be binding on the
Contracting Parties.
(9)
Each Contracting Party shall bear the costs of the
arbitrator appointed by it. The other costs of the tribunal shall
be shared equally by the Contracting Parties including any
expenses incurred by
incurred by the Member of the International Court of
Justice in implementing the procedures in paragraph 2(b)
2(b) of this
Article.
AURT
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