The Economy of Catalonia

Disputes
erty mentioned in subparagraphs (d) and (e), to the creation of which
the dependent territory has contributed, shall pass to the successor State
in proportion to the contribution of the dependent territory.»
At the request of either of the parties, disputes shall be settled by means of a
consultation and negotiation process. If no agreement is reached on the dispute
either of the parties may submit the dispute to a conciliation procedure before
the United Nations Secretary-General. If no agreement is reached in this way,
the dispute may be submitted to the International Court of Justice and also to
arbitration, or to any other procedure for the settlement of disputes.
Some notes on the distribution of assets. Property and
criteria to be considered
Property and rights to be considered
Public property: property intended for public use and service which is
situated in the territory of the successor State would be assigned directly
without any type of compensation to the new State (the maritime land
area, the beaches, the territorial sea, the natural resources of the economic
area and of the continental shelf, the air space, the radio electric space, the
roads, paths, canals, rivers, torrents, ports; the buildings in which are accommodated
the services, offices or appurtenances of the bodies of the
State or of its autonomous agencies; and also the buildings which belong
exclusively to the State and are intended for some public service or for the
promotion of wealth, as would be the case of those of defence, as well as
mines of which the concession has not yet been granted).
Private property or heritage property: the private property and rights or heritage
property and rights of the State situated in the territory of the successor
State which are not in the public domain shall be transmitted directly, without
any type of compensation to the new State. This would be the case of
the State-owned companies and of the rights of any nature which are derived
from heritage property and rights (as in the case of airport infrastructures:
AENA, Catalan airports; railway infrastructures: ADIF, RENFE;
ground infrastructures; also tenancy rights, securities and titles representing
shares and partnership units in the capital of mercantile companies or issued
bonds, as well as futures contracts; intangible property rights; and the rights
of any nature derived from the title of heritage property and rights.
158 The Economy of Catalonia