Investments and returns of nationals and companies of either Contracting Party shall receive the most constant protection and security within the territory of the other Contracting Party.
Investments and returns. V. Legal Structure and Governance -- THESE SECTIONS DELETED. TO BE INCLUDED IN LEGAL SECTION -- moved to end of file VIII. Cytogen Profile
Investments and returns. Investments and returns shall enjoy full protection and security. Investments will not be expropriated or nationalised directly or indirectly except for reasons of public interest. In such cases, the process shall be non- discriminatory and shall take place only after payment of prompt, adequate and effective compensation. Compensation must be made in freely convertible currency and in accordance with due process of law. Each party shall grant unrestricted transfer of the following: • Returns • Proceeds from full or partial liquidation of an investment (unless there are serious balance of payment difficulties in which case the transfers can be phased in over three years) • Repayment of loans incurred for the investment • Net earnings of the nationals of one party working in the other party in connection with an investment • Payments arising as compensation for losses and expropriation Parties may, however, prevent transfers through equitable application of laws relating to bankruptcy, securities, criminal or penal 8 Any laws of either party or obligations under investors of the other party as far as possible. international law which give more favourable offences, reports of transfers of currency or other monetary instruments or adjudicatory proceedings. Parties are also entitled to take measures which will protect their financial systems and those who have invested in financial services.
