No.4
ZEP-RE (MEMBERsHIP o F ZIMBABWE AND BRANCH OmCEAGREBIENT)
2017
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which is not settled by negotiation or other agreed mode of settlement, shall be referred
for final decision or arbitration by tribunal of three arbitrators, one to be appointed
by the Managing Director, one to be appointed by the Government of Zimbabwe and
the third arbitrator to be chosen by the two or if they should fail to agree on his or her
appointment by the Secretary-General oftbe Common Market for Eastern and Southern
Africa (COMESA).
2. In cases of disputes referred to in paragraph 1 of this Article, the Arbitration
Act [Chapter 7:15] of Zimbabwe shall be applicable.
ARTICLE 14
TERMINATION
The Agreement shall cease to be in force (a) by mutual accord between the parties thereto; and
(b) if the offices of the Company within the meaning of Article 13 of the
Establishment Agreement is removed from the territory of the Republic
of Zimbabwe, except for such provisions of the present Agreement as may
be applicable in connection with the orderly termination of the activities
of the Company at its offices in Zimbabwe and disposal of its property
and assets therein.
ARTICLE 15
ENTRY INTO FORCE
Tbis Agreement shall be signed by both Parties and shall enter into force upon
compliance with all legislative requirements for its approval.
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