Expropriation definition

Expropriation. ’ means the compulsory acquisition of property by an expropriating authority or an organ of state upon request to an expropriating authority, and ‘‘expropriate’’ has a corresponding meaning;

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Expropriation means the Covered Risks described in Section 4.1.

Expropriation means any taking away or restricting tantamount to the taking away of any property right which in itself or in conjunction with other rights constitutes an investment.

Examples of Expropriation in a sentence

• The provisions of Article 133 (Expropriation) and Annex 9 (Expropriation) of this Chapter shall apply to taxation measures alleged to be expropriatory.

• If an investor invokes Article 133 (Expropriation) and Annex 9 (Expropriation) of this Chapter as the basis of a claim to arbitration according to Article 139 (Investor-State Dispute Settlement), the following procedure shall apply: The investor must first refer to the competent tax authorities described in subparagraph 7(c), at the time that it gives written notice of intent under Article 139 (Investor-State Dispute Settlement), the issue of whether the tax measure concerned involves an expropriation.

• Where a disputing investor claims that the disputing Member State has breached Article 14 (Expropriation and Compensation) by the adoption or enforcement of a taxation measure, the disputing Member State and the non-disputing Member State shall, upon request from the disputing Member State, hold consultations with a view to determining whether the taxation measure in question has an effect equivalent to expropriation or nationalisation.

• Expropriation fails to make currency by applying the law, on a non- discriminatory basis, with adequate compensation which shall not be without undue delay to execute.

• However, no investor may invoke Article 9.12 (Expropriation) as the basis of a claim where it has been determined in accordance with this paragraph that the measure is not an expropriation 2 .

More Definitions of Expropriation

Expropriation means the compulsory taking of lands or any interest in land.

Expropriation means compulsory acquisition or confiscation of investments of residents and/or companies or taking of property by the relevant authorities of the relevant places without proper compensation which cause residents and / or companies to suffer damages therefrom, or arbitrary seizure of any property by the relevant authorities of the relevant places or an agency or instrumentality thereof or any action by the relevant authorities of the relevant places or an agency or instrumentality thereof that deprives residents and / or companies of any rights in or in connection with their investments.

Expropriation means expropriated by a governmental or municipal authority, or transferred, conveyed or dedicated in contemplation of a threatened expropriation and "Expropriated" and "Expropriating" have corresponding meanings.

Expropriation means the compulsory taking of lands or any interests in lands.

Expropriation means the taking of land without the consent of the owner by an expropriating authority in the exercise of its statutory powers.

Expropriation means the expropriation of property referred to in Article 16(2) of the Namibian Constitution;

Expropriation means the nationalization, condemnation, requisition, excessive or repetitive tax, or regulatory measures which have a confiscatory effect, either alone or in the aggregate, of a condemnation or requisition of an investment by the Government;