Page 357 - Regional Comprehensive Economic Partnership (RCEP)
P. 357

(ii)   if the requirement is imposed or enforced by a court,   (a)   any existing non-conforming measure that is maintained by
 administrative  tribunal,  or  competition  authority  to   a Party at:
 remedy  a  practice  determined  after  judicial  or
 administrative process to be anti-competitive under   (i)   the central level of government, as set out by that
 the Party’s competition laws and regulations.   Party  in  List  A  of  its  Schedule  in  Annex  III
                                            (Schedules  of  Reservations  and  Non-Conforming
 (c)   Subparagraph  1(h)  shall  not  apply  if  the  requirement  is   Measures for Services and Investment);
 imposed or enforced by a tribunal or competent authority
 as equitable remuneration under the Party’s copyright laws   (ii)   a regional level of government, as set out by that
 and regulations.                           Party  in  List  A  of  its  Schedule  in  Annex  III
                                            (Schedules  of  Reservations  and  Non-Conforming
 (d)   Subparagraphs 1(a) through (c), 2(a), and 2(b) shall not   Measures for Services and Investment); or
 apply to qualification requirements for goods with respect
 to export promotion and foreign aid programmes.   (iii)   a local level of government;

 (e)   Subparagraphs 2(a) and (b) shall not apply to requirements   (b)   the continuation or prompt renewal of any non-conforming
 imposed by an importing Party relating to the content of   measure referred to in subparagraph (a); and
 goods  necessary  to  qualify  for  preferential  tariffs  or
 preferential quotas.         (c)    an amendment to any non-conforming measure referred to
                                     in subparagraph (a) to the extent that the amendment does
 4.   For greater certainty, paragraphs 1 and 2 shall not apply to any   not decrease the conformity of the measure:
 requirement other than those set out in those paragraphs.
                                     (i)    for Cambodia, Indonesia, Lao PDR, Myanmar, and
                                            the Philippines, as it existed at the date of entry into
 Article 10.7: Senior Management and Board of Directors   force of this Agreement; and

 1.   No Party shall require that a juridical person of that Party that is a   (ii)   for  Australia,  Brunei,  China,  Japan,  Korea,
 covered investment appoint to a senior management position a   Malaysia, New Zealand, Singapore, Thailand, and
 natural person of any particular nationality.   Viet  Nam,  as  it  existed  immediately  before  the
                                            amendment,
 2.   A Party may require that a majority of the board of directors, or
 any committee thereof, of a juridical person of that Party that is a   with Article 10.3 (National Treatment), Article 10.4 (Most-
 covered investment, be of a particular nationality or resident in the   Favoured-Nation  Treatment),  Article  10.6  (Prohibition  of
 territory  of  that  Party,  provided  that  the  requirement  does  not   Performance  Requirements),  and  Article  10.7  (Senior
 materially impair the ability of the investor to exercise control over   Management and Board of Directors).
 its investment.
                       2.     Article  10.3  (National  Treatment),  Article  10.4  (Most-Favoured-
                              Nation  Treatment),  Article  10.6  (Prohibition  of  Performance
 Article 10.8: Reservations and Non-Conforming Measures   Requirements), and Article 10.7 (Senior Management and Board
                              of Directors) shall not apply to any measure that a Party adopts
 1.   Article  10.3  (National  Treatment),  Article  10.4  (Most-Favoured-  or maintains with respect to sectors, subsectors, or activities, as
 Nation  Treatment),  Article  10.6  (Prohibition  of  Performance   set  out  by  that  Party  in  List  B  of  its  Schedule  in  Annex  III
 Requirements), and Article 10.7 (Senior Management and Board   (Schedules of Reservations and Non-Conforming Measures for
 of Directors) shall not apply to:   Services and Investment).







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