Transfer of Investment. Recognizing the principle of the freedom of transfer, each Contracting Party, within the scope of its existing laws and regulations, shall authorize, in conformity with its relevant most favourable rules, the transfer out of its territory without undue restriction and delay in any freely convertible currency of payments resulting from investment activities and in particular of the following items: a) net profits, interest, dividends and other current income; b) funds necessary ( )for the acquisition of raw or auxiliary materials, semifabricated or finished products, or ( )to replace capital assets in order to safeguard the continuity of an investment; c) additional funds necessary for the development of an investment, earnings of natural persons, the proceeds of liquidation of capital funds in repayment of loans, management fees and royalties.
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Samples: Investment Promotion and Protection Agreement, Bilateral Investment Treaty, Investment Promotion and Protection Agreement
Transfer of Investment. Recognizing the principle of the freedom of transfer, each Contracting Party, within the scope of its existing laws and regulations, shall authorize, in conformity with its relevant most favourable rules, the transfer out of its territory without undue restriction and delay in any freely convertible currency of payments resulting from investment activities and in particular of the following items:
a) net Net profits, interest, dividends and other current income;
b) funds Funds necessary ( )for (□) For the acquisition of raw or auxiliary materials, semifabricated or finished products, or ( )to (□) To replace capital assets in order to safeguard the continuity of an investment;
c) additional Additional funds necessary for the development of an investment, earnings of natural persons, the proceeds of liquidation of capital funds in repayment of loans, management fees and royalties.
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