- (1)
- The Contracting Parties shall guarantee that payments relating to an investment may be transferred. The transfers shall be made in a freely convertible currency, without restriction or delay. Such transfers include in particular though not exclusively:
-
- a)profits, interests, dividends and other current income;
- b)funds necessary
- i.for the acquisition of raw or auxiliary materials, semi-fabricated or finished products, or
- ii.to replace capital assets in order to safeguard the continuity of an investment;
- c)additional funds necessary for the development of an investment;
- d)funds in repayment of loans;
- e)royalties or fees;
- f)earnings of natural persons;
- g)the proceeds of sale or liquidation of the investment;
- h)payments arising under Article 7.
- (2)
- A Contracting Party may require that, prior to the transfer of payments, formalities arising from relevant regulations are fulfilled by the investors, provided that these shall not be used to defeat the purpose of paragraph 1 of this Article.
