12.07.2015 Views

Annex A Movable and Immovable property Article 1 (1) In order to ...

Annex A Movable and Immovable property Article 1 (1) In order to ...

Annex A Movable and Immovable property Article 1 (1) In order to ...

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

(2) <strong>In</strong> relation <strong>to</strong> tangible movable <strong>and</strong> immovable<strong>property</strong> of the former Yugoslav National Army used forcivilian purposes the arrangements referred <strong>to</strong> in paragraph(1) of this <strong>Article</strong> will acknowledge the relevance of<strong>Article</strong>s 2 (1) <strong>and</strong> 3 (1) of this <strong>Annex</strong>.<strong>Article</strong> 5(1) A Joint Committee on Succession <strong>to</strong> <strong>Movable</strong> <strong>and</strong><strong>Immovable</strong> Property shall be established by the successorStates, which shall ensure the proper implementation of theprovisions of this <strong>Annex</strong> applicable <strong>to</strong> tangible movable <strong>and</strong>immovable <strong>property</strong> (other than military <strong>property</strong>) <strong>and</strong> theresolution of any problems which might arise in the course oftheir application.(2) The Joint Committee shall commence its workwithin 3 months of the signature of this Agreement.<strong>Article</strong> 6It shall be for the successor State on whoseterri<strong>to</strong>ry immovable <strong>and</strong> tangible movable <strong>property</strong> is situated<strong>to</strong> determine, for the purposes of this <strong>Annex</strong>, whether that<strong>property</strong> was State <strong>property</strong> of the SFRY in accordance withinternational law.<strong>Article</strong> 7Where pursuant <strong>to</strong> this <strong>Annex</strong> <strong>property</strong> passes <strong>to</strong> oneof the successor States, its title <strong>to</strong> <strong>and</strong> rights in respec<strong>to</strong>f that <strong>property</strong> shall be treated as having arisen on thedate on which it proclaimed independence, <strong>and</strong> any othersuccessor State’s title <strong>to</strong> <strong>and</strong> rights in respect of the<strong>property</strong> shall be treated as extinguished from that date.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!