Convention On The Settlement Of Investment Disputes Between States And Nationals Of Other States
International Centre For Settlement Of Investment Disputes
Submitted to Governments by the Executive Directors of the International Bank for Reconstruction and Development, Submitted: March 18, 1965, Washington
Entered into Force: October 14, 1966

CHAPTER I

SECTION 1: Establishment and Organization

SECTION 2: The Administrative Council

SECTION 3: The Secretariat

SECTION 4: The Panels

SECTION 5: Financing the Centre

CHAPTER II - Jurisdiction of tbe Centre

CHAPTER III - Conciliation

SECTION 1: Request for Conciliation

SECTION 2: Constitution of the Conciliation Commission

SECTION 3: Conciliation Proceedings

CHAPTER IV - Arbitration

SECTION 1: Request for Arbitration

SECTION 2; Constitution of the Tribunal

SECTION 3: Powers and Functions of the Tribunal

SECTION 4: The Award

SECTION 5: Interpretation, Revision and Annulment of the Award

SECTION 6: Recognition and Enforcement of the Award

CHAPTER V - Replacement and Disqualification of Conciliators and Arbitrators

CHAPTER VI - Cost of Proceedings

CHAPTER VII - Place of Proceedings

CHAPTERV VIII - Disputes between Contracting States

CHAPTER IX - Amendment

CHAPTER X

[Post Provisions]

[Post Clauses (If any: Signed; Witnessed; Done; Authentic Texts; & Deposited Clauses)]

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Convention on the Settlement of Investment Disputes Between States and Nationals of Other States - International Centre for Settlement Of Investment Disputes, Washington 1965

International Centre for Settlement of Investment Disputes (ICSID)

copy @ Lex Mercatoria

Convention On The Settlement Of Investment Disputes Between States And Nationals Of Other States
International Centre For Settlement Of Investment Disputes
Submitted to Governments by the Executive Directors of the International Bank for Reconstruction and Development, Submitted: March 18, 1965, Washington
Entered into Force: October 14, 1966

CHAPTER I

SECTION 5: Financing the Centre

Article 17

If the expenditure of the Centre cannot be met out of charges for the use of its facilities, or out of other receipts, the excess shall be borne by Contracting States which are members of the Bank in proportion to their respective subscriptions to the capital stock of the Bank, and by Contracting States which are not members of the Bank in accordance with rules adopted by the Administrative Council.

Section 6: Status, Immunities and Privileges

The Centre shall have full international legal personality. The legal capacity of the Centre shall include the capacity

(a) to contract;

(b) to acquire and dispose of movable and immovable property;

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