Page 358 - Regional Comprehensive Economic Partnership (RCEP)
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3.     Notwithstanding subparagraph 1(c)(ii), for five years after the date
                              of  entry  into  force  of  this  Agreement,  Article  10.3  (National
                              Treatment),  Article  10.4  (Most-Favoured-Nation  Treatment),
                              Article  10.6  (Prohibition  of  Performance  Requirements),  and
                              Article 10.7 (Senior Management and Board of Directors) shall not
                              apply to an amendment to any non-conforming measure referred
                              to in subparagraph 1(a) to the extent that the amendment does
                              not decrease the conformity of the measure as it existed at the
                              date  of  entry  into  force  of  this  Agreement  with  Article  10.3
                              (National  Treatment),  Article  10.4  (Most-Favoured-Nation
                              Treatment),     Article   10.6    (Prohibition   of    Performance
                              Requirements), and Article 10.7 (Senior Management and Board
                              of Directors).

                       4.     No Party shall, under any measure adopted after the date of entry
                              into force of this Agreement and covered by List B of its Schedule
                              in  Annex  III  (Schedules  of  Reservations  and  Non-Conforming
                              Measures  for  Services  and  Investment),  require  an  investor  of
                              another  Party,  by  reason  of  its  nationality,  to  sell  or  otherwise
                              dispose  of  an  investment  that  exists  at  the  time  the  measure
                              becomes  effective,  unless  otherwise  specified  in  the  initial
                              approval by the relevant authorities.

                       5.     Article  10.3  (National  Treatment)  and  Article  10.4  (Most-
                              Favoured-Nation Treatment) shall not apply to any measure that
                              falls within Article 5 of the TRIPS Agreement, and any measure
                              that  is  covered  by  an  exception  to,  or  derogation  from,  the
                              obligations  imposed  by  Article  11.7  (National  Treatment),  or
                              imposed by Article 3 or 4 of the TRIPS Agreement.


                       Article 10.9: Transfers

                       1.     Each  Party  shall  allow  all  transfers  relating  to  a  covered
                              investment to be made freely and without delay into and out of its
                              territory.  Such transfers include:

                              (a)    contributions to capital, including the initial contribution;

                              (b)    profits, capital gains, dividends, interest, royalty payments,
                                     technical assistance and technical and management fees,
                                     licence fees, and other current income accruing from the
                                     covered investment;

                              (c)    proceeds from the sale or liquidation of all or any part of
                                     the covered investment;




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