Rectifications or Modifications. 1. A Party shall notify the other Party of itsrectifications, or in exceptional cases, othermodifications relating to Annexes 11, 12, 13, 14, 16 and 17along with the information as to the likely consequences ofthe change for the mutually agreed coverage provided inthis Chapter. If the rectifications or other modifications are of a purely formal or minor nature, notwithstandingparagraph 1 of Article 174, they shall become effectiveprovided that no objection from the other Party has beenraised within 30 days. In other cases, both Parties shall consult the proposal and any claim for compensatoryadjustments with a view to maintaining a balance of rightsand obligations and a comparable level of mutually agreedcoverage provided in this Chapter prior to suchrectification or other modification. In the event of an agreement between the Parties not being reached, the Partywhich has received such notification may have recourse tothe dispute settlement procedure under Chapter 15. 2. Notwithstanding any other provision of this Chapter, aParty may undertake reorganizations of its entities coveredby this Chapter, including programs through which theprocurement of such entities is decentralized or thecorresponding government functions cease to be performed byany government entity, whether or not subject to thisChapter. In cases of reorganizations, compensation need not be proposed. Neither Party shall undertake such reorganizations or programs to avoid the obligations ofthis Chapter.
Appears in 4 contracts
