BWBV0001643
Geldig vanaf 01-10-2004
Artikel 5
Verdrag inzake de bevordering en de wederzijdse bescherming van investeringen tussen het Koninkrijk der Nederlanden en Belize
1. Each Contracting Party shall guarantee that payments relating to an investment of a national of one Contracting Party in the territory of the other Contracting Party may be transferred into and out of that territory. The transfers shall be made in a freely convertible currency, without restriction or delay. Such transfers include in particular though not exclusively:
a) profits, interests, dividends and other current income;
b) funds necessary (i) for the acquisition of raw or auxiliary materials, semi-fabricated or finished products, or
(ii) to replace capital assets in order to safeguard the continuity of an investment;
(i) for the acquisition of raw or auxiliary materials, semi-fabricated or finished products, or
(ii) to replace capital assets in order to safeguard the continuity of an investment;
c) additional funds necessary for the development of an investment;
d) funds in repayment of loans;
e) royalties or fees;
f) earnings of natural persons;
g) the proceeds of sale or liquidation of the investment;
h) payments arising under the Articles 6 and 7.
2. Notwithstanding paragraph 1 of this Article, a Contracting Party may delay the transfer through the equitable, non-discriminatory and good faith application of measures,
a) to protect the rights of creditors, or
b) relating to or ensuring compliance with laws and regulations (i) on the issuing, trading and dealing in securities, futures and derivatives,
(ii) concerning reports or records of transfers,
(iii) in connection with criminal offences and orders of judgements in administrative and adjudicatory proceedings.
(i) on the issuing, trading and dealing in securities, futures and derivatives,
(ii) concerning reports or records of transfers,
(iii) in connection with criminal offences and orders of judgements in administrative and adjudicatory proceedings.
Such delay shall be consistent with its rights and obligations as a member of the International Monetary Fund and be subject to the following conditions:
a) it may be used for a limited period only, and only to the extent necessary; and
b) it shall be exercised on a non-discriminatory basis; and
c) at the request of either Contracting Party prompt and adequate consultations shall be conducted on the measures taken.
a) profits, interests, dividends and other current income;
b) funds necessary (i) for the acquisition of raw or auxiliary materials, semi-fabricated or finished products, or
(ii) to replace capital assets in order to safeguard the continuity of an investment;
(i) for the acquisition of raw or auxiliary materials, semi-fabricated or finished products, or
(ii) to replace capital assets in order to safeguard the continuity of an investment;
c) additional funds necessary for the development of an investment;
d) funds in repayment of loans;
e) royalties or fees;
f) earnings of natural persons;
g) the proceeds of sale or liquidation of the investment;
h) payments arising under the Articles 6 and 7.
2. Notwithstanding paragraph 1 of this Article, a Contracting Party may delay the transfer through the equitable, non-discriminatory and good faith application of measures,
a) to protect the rights of creditors, or
b) relating to or ensuring compliance with laws and regulations (i) on the issuing, trading and dealing in securities, futures and derivatives,
(ii) concerning reports or records of transfers,
(iii) in connection with criminal offences and orders of judgements in administrative and adjudicatory proceedings.
(i) on the issuing, trading and dealing in securities, futures and derivatives,
(ii) concerning reports or records of transfers,
(iii) in connection with criminal offences and orders of judgements in administrative and adjudicatory proceedings.
Such delay shall be consistent with its rights and obligations as a member of the International Monetary Fund and be subject to the following conditions:
a) it may be used for a limited period only, and only to the extent necessary; and
b) it shall be exercised on a non-discriminatory basis; and
c) at the request of either Contracting Party prompt and adequate consultations shall be conducted on the measures taken.
- Citeren als
- Art. 5
- Geldig vanaf
- Status
- Geldend recht
- Identificatie
- BWBV0001643
- Officiële bron
- wetten.overheid.nl