Artikel IV

Recognizing the principle of the freedom of transfer each Contracting Party shall authorize, in conformity with its relevant most favourable rules the transfer, without undue restriction and delay, to the country of the other Contracting Party and in the currency of that country or any other freely convertible currency of payments resulting from investment activities and in particular of the following items:
a) net profits, interests, dividends and other current income;
b) funds necessary i) for the acquisition of raw or auxiliary materials, semifabricated or nished 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, semifabricated or nished 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) earnings of natural persons;
e) the proceeds of liquidation of capital;
f) funds in repayment of loans;
g) management fees;
h) royalties.