Artikel 8

1. Where the Competent Authority of Australia or an Australian entity has decided to exercise a purchase option, or other such contractual rights, under an oil stocks contract to which this Agreement applies, in the circumstances referred to in Article 7 of this Agreement, the Competent Authority of Australia shall notify the Competent Authority of the Netherlands of that decision.
2. This notification shall be provided no less than two (2) weeks before the exercise of the purchase option, or other contractual rights, is intended to take place.