cil (hereinafter called the "Chairman") shall, at the request of either party transmitted through the Secretary-General, appoint the conciliator or conciliators not yet appointed and, unless the President shall already have been designated or is to be designated later, designate a conciliator to be President of the Commission.

Article 7
Delegation in Case of Investment or Contract
Financed by World Bank Group

Notwithstanding the provisions of Article 6 (4) of these Rules, if the notice for conciliation relates to a dispute arising under any investment or agreement financed in whole or in part by the International Bank for Reconstruction and Development, the International Finance Corporation or the International Development Association, the Secretary-General shall so inform the Chairman, and the Chairman shall, when required to take any action pursuant to these Rules, select a person to whom he shall promptly delegate all the functions, responsibilities and powers assigned to the Chairman hereunder. The Secretary-General shall promptly inform the parties of any action taken pursuant to this Article.

Article 8
Qualifications of Conciliators

Conciliators shall be persons of high moral character who may be relied upon to exercise independent judgment.

Article 9
Method of Constituting the Commission in the Absence
of Previous Agreement between the Parties

(1) If the parties, at the time of the registration of the notice for conciliation, have not agreed upon the number of conciliators and the method of their appointment, they shall, unless they agree otherwise, follow the following procedures:

(a) the Requesting Party shall, within 10 days after the registration of the notice, propose to the Other Party the appointment of a sole conciliator or of a specified uneven number of conciliators and specify the method proposed for their appointment;

(b) within 20 days after receipt of the proposals made by the Requesting Party, the Other Party shall:

(i) accept such proposals; or

(ii) make other proposals regarding the number of conciliators and the method of their appointment; and

(c) within 20 days after receipt of the reply containing any such proposals, the Requesting Party shall notify the Other Party whether it accepts or rejects such proposals.



Previous Page 17 Next Page