TNAG-2826-FCO40-4079-Investment-Protection-and-Promotion-Agreements-(IPPA)-betwee-1993 — Page 103

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12

ARTICLE 6

Compensation for Losses

1

(1)

Investors

of one

Contracting Party whose

investments in the area of the

suffer losses

revolution, a

insurrection or

Party shall. be

treatment,

as

compensation or

other Contracting Party

owing to war or

state of national

other armed conflict,

emergency,

revolt,

riot in the area of the latter Contracting

accorded by the latter Contracting Party

regards restitution,

indemnification,

other settlement, no less favourable than

that which the latter Contracting Party accords to its own

investors or investors of any other State, whichever is more

favourable to the investor

shall be freely convertible.

concerned.

Resulting payments

(2)

Without prejudice

to

paragraph (1) of this

Article, investors of one

Contracting Party who in any of

the situations referred to in that paragraph suffer losses

in the area of the other Contracting Party resulting from :

#

(a)

requisitioning of

their

property by

its

authorities or forces.

И

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