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.