Common use of Administrative Arrangements Clause in Contracts

Administrative Arrangements. 1. The Parties, through their respective competent authorities, shall establish administrative arrangements to implement this Agreement effectively. Such arrangements shall include the procedures necessary for the competent authorities to implement and administer this Agreement. 2. Administrative arrangements established pursuant to this Article may be amended as mutually determined in writing by the competent authorities. 3. Administrative arrangements may provide for the exchange of inventory lists in respect of the items subject to this Agreement. 4. Administrative arrangements may set out the mechanisms for consultations between the competent authorities. 5. The accounting of nuclear material and non-nuclear material subject to this Agreement shall be based on fungibility and the principles of proportionality and equivalence of nuclear material and non-nuclear material as set out in the administrative arrangements established pursuant to this Article.