TNAG-2826-FCO40-4079-Investment-Protection-and-Promotion-Agreements-(IPPA)-betwee-1993 — Page 16

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ARTICLE 5

Expropriation

(1)

Investors of either Contracting Party shall not

be deprived of their investments nor subjected to measures

having effect equivalent to such deprivation in the area of

the other Contracting Party except lawfully, for a public

purpose related to the internal needs of that Party, and

against compensation. Such compensation shall amount to

the real value of the investment immediately before the

deprivation or before the impending deprivation became

public knowledge whichever is the earlier, shall include

interest at a normal commercial rate until the date of

payment, shall be made without undue delay, be effectively

realizable and be freely convertible. The investor

affected shall have a right, under the law of the

Contracting Party making the deprivation, to prompt review

by a judicial or other independent authority of that Party,

of the investor's case and of the valuation of the

investment in accordance with the principles set out in

this paragraph.