FRONT MATTER.PMD - International Seabed Authority

Convention: art. 155
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the Annexes relating thereto which will lead to the improvement of the operation
of the régime.
Article 155
The Review Conference
[1. Does not apply. See Agreement, annex, Section 4] b
2. The Review Conference shall ensure the maintenance of the principle of
the common heritage of mankind, the international régime designed to ensure equitable
exploitation of the resources of the Area for the benefit of all countries, especially
the developing States, and an Authority to organize, conduct and control activities
in the Area. It shall also ensure the maintenance of the principles laid down in this
Part with regard to the exclusion of claims or exercise of sovereignty over any part
of the Area, the rights of States and their general conduct in relation to the Area, and
their participation in activities in the Area in conformity with this Convention, the
prevention of monopolization of activities in the Area, the use of the Area exclusively
for peaceful purposes, economic aspects of activities in the Area, marine
scientific research, transfer of technology, protection of the marine environment,
protection of human life, rights of coastal States, the legal status of the waters
superjacent to the Area and that of the air space above those waters and accommodation
between activities in the Area and other activities in the marine environment.
[3. Does not apply. See Agreement, annex, Section 4]
[4. Does not apply. See Agreement, annex, Section 4]
5. Amendments adopted by the Review Conference pursuant to this article
shall not affect rights acquired under existing contracts.
AGREEMENT, ANNEX, SECTION 4
SECTION 4. REVIEW CONFERENCE
The provisions relating to the Review Conference in article 155, paragraphs
1, 3 and 4, of the Convention shall not apply. Notwithstanding the provisions of
article 314, paragraph 2, of the Convention, the Assembly, on the recommendation
of the Council, may undertake at any time a review of the matters referred to
in article 155, paragraph 1, of the Convention. Amendments relating to this Agreement
and Part XI shall be subject to the procedures contained in articles 314, 315
and 316 of the Convention, provided that the principles, régime and other terms
referred to in article 155, paragraph 2, of the Convention shall be maintained and
the rights referred to in paragraph 5 of that article shall not be affected.
b See page 194.