Each Designated Airline shall have the right to convert and remit to its country on demand local revenues in excess of sums locally disbursed. Conversion and remittance shall be permitted at the effective rate of exchange prevailing on the date of remittance, and shall not be subject to any charges except those normally made by banks for carrying out such conversion and remittance. Such transfers shall be in accordance with the provisions of the foreign exchange control regulations of that Contracting Party.
