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Article 73 - Depositary

from CHAPTER X - Final Provisions

Published online by Cambridge University Press:  07 September 2010

Christoph H. Schreuer
With
Loretta Malintoppi ,
August Reinisch  and
Anthony Sinclair
Christoph H. Schreuer
Affiliation:
Universität Wien, Austria
Loretta Malintoppi
Affiliation:
Eversheds LLP
August Reinisch
Affiliation:
Universität Wien, Austria
Anthony Sinclair
Affiliation:
Allen & Overy LLP, London
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Summary

Art. 73 designates the World Bank as the Convention's depositary (History, Vol. I, p. 304; Vol. II, pp. 1008, 1012). The designation of an international organization that sponsors a treaty as that treaty's depositary is a common practice. The depositary receives instruments of ratification, acceptance or approval in accordance with Art. 66(1) and Art. 68(1). It also receives notices excluding territories in accordance with Art. 70 and any notices of denunciation in accordance with Art. 71.

The depositary is charged with transmitting certified copies of the Convention to all States that are eligible to sign it under Art. 67. This means that a certified copy has to be transmitted to every new member of the World Bank and to every State that is invited by ICSID's Administrative Council to sign the Convention.

Other duties of the World Bank as the Convention's depositary are listed in Arts. 74 and 75.

Type
Chapter
Information
The ICSID Convention
A Commentary
 , pp. 1283
Publisher: Cambridge University Press
Print publication year: 2009

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