Investments of investors of either Contracting Party in the territory of the other Contracting Party shall not be nationalized, expropriated or subjected to measures having equivalent effect to nationalization or expropriation (hereinafter referred to as "expropriation"), except for Public service, in accordance with due process of law, in a non-discriminatory manner and by the payment of prompt, adequate and effective compensation.
Investments of investors of a Contracting Party shall enjoy full protection and security in the territory and maritime area of the other Contracting Party.
Investments of investors of any Contracting Party shall not be nationalized, ex- propriated or subjected to measures tantamount to nationalization or expropriation (here- inafter referred to as “expropriation”) in the territory of the other Contracting Party, ex- cept for public purposes. The expropriation shall be carried out in accordance with legal proceedings on a non-discriminatory basis and against prompt, adequate and effective compensation. Such compensation shall amount to the market value of the investments when the expropriation or the threat of expropriation became public knowledge, shall in- clude interest at the London Inter-Bank Offered Rate (LIBOR) from the date of expro- priation, shall be paid in the currency in which the investment was made or, upon the agreement of the Contracting Parties, in any other currency acceptable to the investor, shall be made without delay, be effectively realizable and be freely transferable.
Investments of investors of either Contracting Party shall not be nationalized, ex- propriated or subjected to measures having effect equivalent to nationalization or expro- priation (hereinafter referred to as "expropriation") in the territory of the other Contract- ing Party except for a public purpose. The expropriation shall be carried out under due process of law, on a non-discriminatory basis and shall be accompanied by provisions for the payment of prompt, adequate and effective compensation. Such compensation shall amount to the value of the investment expropriated immediately before expropriation or impending expropriation became public knowledge, shall include interest from the date of expropriation, shall be made without delay, be effectively realizable and be freely transferable in a freely convertible currency.
Investments of investors of either Contracting Party shall not be subject to expropriation, nationalization or any other measures the effect of which is equivalent to expropriation or nationalization (hereinafter - expropriation) by the other Contracting Party except in the public interest of that Contracting Party on a non-discriminatory basis in accordance with national legislation and ensuring timely, adequate and effective compensation. Such compensation shall be equivalent to the value of the expropriated investment at the time immediately prior to expropriation or its disclosure, depending on what has taken place before. Compensation shall be paid without delay and shall include interest until the date of payment, be effectively realizable and transferable without restriction. Terms of determining the compensation and its payment should be made before or at the time of expropriation. The legality of any such expropriation and the amount of compensation shall be subject to review in accordance with due process of law.
