Artikel IV

1. Each Contracting Party shall have the right to revoke an operating authorization or to suspend the exercise of the rights specified in Article II of this Agreement by the airlines designated by the other Contracting Party, or to impose such conditions as it may deem necessary on the exercise of these rights:
a. in any case where it is not satisfied that substantial ownership and effective control of that airline are vested in the Contracting Party designating the airline or in nationals of such Contracting Party, or
b. in the case of failure by that airline to comply with the laws or regulations of the Contracting Party granting these rights, or
c. in case the airline otherwise fails to operate in accordance with the provisions of this Agreement.
2. The right to revoke, suspend or impose conditions shall be exercised after consultation with the other Contracting Party unless immediate revocation, suspension or imposition of conditions is essential to prevent further infringements of laws and regulations or further failure to operate in accordance with the provisions of this Agreement.
3. In the event of action by one Contracting Party under this Article, the rights of the other Contracting Party under Article XIV shall not be prejudiced.