We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Common use of National Authority Clause in Contracts

National Authority. (A) Each Party shall establish a National Authority as a contact point for purposes related to the Agreement. The functions of the National Authority shall include: i) requesting or transmitting information from or to another Party; ii) providing a contact for assistance in investment promotion and facilitation; iii) maintaining statistics about inward and outward investment of the Party; iv) handling enquiries in relation to the conduct of investments or investors of the Party; v) investigating and seeking to resolve concerns or conflicts raised by individuals or civil society groups in relation to the conduct of investors or investments concerning their obligations under this Agreement or the additional responsibilities set out in the Agreement; vi) reporting on any matters dealt with under Paragraph v; and vii) any other functions the Party incorporates into its work. (B) The National Authority shall operate in a visible, accessible, transparent and accountable manner. It shall receive and consider information, statements of concern or other information from government officials, non-governmental groups or individuals from the State Party in which it is established, or from the host state of an investor for which it is the home state.

Appears in 4 contracts

Samples: Model International Agreement on Investment for Sustainable Development, Model International Agreement on Investment for Sustainable Development, Model International Agreement on Investment for Sustainable Development

National Authority. (A) Each Party shall establish a National Authority as a contact point for purposes related to the Agreement. The functions of the National Authority shall include: i) requesting or transmitting information from or to another Party; ii) providing a contact for assistance in investment promotion and facilitation; iii) maintaining statistics about inward and outward investment of the Party; iv) handling enquiries in relation to the conduct of investments or investors of the Party; v) investigating and seeking to resolve concerns or conflicts raised by individuals or civil society groups in relation to the conduct of investors or investments concerning their obligations under this Agreement or the additional responsibilities set out in the Agreement; vi) reporting on any matters dealt with under Paragraph v; and and vii) any other functions the Party incorporates into its work. (B) The National Authority shall operate in a visible, accessible, transparent and accountable manner. It shall receive and consider information, statements of concern or other information from government officials, non-governmental groups or individuals from the State Party in which it is established, or from the host state of an investor for which it is the home state.

Appears in 1 contract

Samples: Model Agreement