TNAG-2526-FCO40-3689-Future-of-Hong-Kong-International-Rights-and-Obligations-(IR-1992 — Page 3

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

CONFIDENTIAL

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機密

Panel four persons

(Article 13).

other

respective

who

may but need not be its nationals

If the expenditure of the Centre cannot be

met out of charges for the use of its facilities, or out of

receipts, the excess shall be borne by Contracting

States which are members of the IBRD in proportion to their

subscriptions to the capital stock of the Bank,

and by Contracting States which are not members of the IBRD

in accordance with rules adopted by the Administrative

Council (Article 17).

3.

Under Articles 18-24 of the Convention, the Centre

shall have full international legal personality and shall

enjoy in

the territory of each Contracting State

appropriate immunities and

Under Article 25,

privileges.

the jurisdiction of the Centre shall extend to any legal

dispute arising directly out of an investment, between a

Contracting State (or any constituent subdivision or agency

of that

Contracting State designated to the Centre by that

State) and a national of another Contracting state, which

the parties to the dispute consent in writing to submit to

Consent by a constituent subdivision or agency

the Centre.

Contracting State shall require the approval of that

of a

State

unless

that State

notifies the Centre that no such

GF 323

CONFIDENTIAL #2

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