- a)
- In case of serious balance of payments difficulties the Republic of Namibia may limit temporarily, for a maximum period of twelve months, the free transfer of capital pursuant to Article 5 g) only. These restrictions shall be imposed on an equitable, non-discriminatory and good faith basis. In case of such a delay in transfer, the investor shall be paid interest at a normal commercial rate on the amount concerned, from the day the transfer should have taken place until the day on which the transfer actually took place.
- b)
- The Republic of Namibia may set conditions for the repayment of loans in the form of advance approval of the maturity structure by the Bank of Namibia or another competent authority. It is agreed upon that such approval will not be applied in an unreasonable manner and shall not delay the transfer of these loans.
- c)
- The Contracting Parties record their understanding that with respect to the Republic of Namibia having admitted an investment, a natural person referred to in Article 5, paragraph f), shall mean a natural person not being a national of the Republic of Namibia.
