Examples of Sponsoring State in a sentence
As such, obtaining a new Sponsoring State cannot be done in a short period of time.
Kommentar [SC2]: At an appropriate place in the regulation it should be ensured that the Sponsoring State assumes full responsibility for the actions of any contractor or sub-contractor in accordance with the international law on state responsibility.
However, these are expensive (shared between the Contractor, Sponsoring State, and the Authority), and have the further disadvantage of prior notification.
Due diligence means that the Sponsoring State is bound to make best possible efforts to secure compliance by sponsored contractors.
Two missing components are Sponsoring State obligations and greater ISA oversight and obligations.
A Contractor shall immediately notify its Sponsoring State or States, [States adjacent to the contract area] [, other relevant stakeholders] and the Secretary- General of the [happening] [occurrence] of any of the [Notifiable] Eevents listed in appendix I to these regulations.
This Regulation now potentially creates a situation where a Contractor, through no fault of its own, has its exploitation contract terminated simply because a Sponsoring State stipulates an unreasonably short time period in its sponsorship termination notice submitted to the Secretary-General.Previously, the wording used in this section was “Termination of sponsorship takes effect 12 months after the date of receipt of the notification by the Secretary-General”.
But it is considered there is added value in having this separate provision regarding a Technical Committee, as a signal that (a) Government does not have to attempt to have in-house people on permanent employment covering all areas of expertise, and (b) Government has a power which it should use, in order to equip itself appropriately to manage its responsibilities as a Sponsoring State.
This will be based on any sponsorship agreement and the relevant domestic laws of the Sponsoring State.• We consider that the regulations should not be overly prescriptive in relation to matters that are best handled by the Sponsoring State itself and that are properly outside of the Authority’s remit.• We also oppose the insertion at the end of Draft Regulation 24(2) relating tonationality and the State of effective control.
However, we do not support the inclusion of language that would facilitate an Observer or any general organization with an interest in the Activities in the Area to send a representative for inspection.• We consider that it is the primary role of the Inspector and the Sponsoring State to inspect and ensure compliance.