AND OPERATION. THE PREPARATORY GROUP 1. There shall be a Preparatory Group comprised of the Signatories to Agreement. 2. The Preparatory Group shall: (a) prepare for entry into force of the Agreement and the establishment of the Parties Group; (b) conduct discussions with non-signatory to the final Act; (c) conduct negotiations with interested non-signatories to the Final Act and make decisions on their eligibility to become a Contracting Party; and 3. The Preparatory Group shall elect a Chairperson, who shall serve in a personal capacity. Meetings shall be held at intervals to be determined by the Preparatory Group. The Preparatory Group shall establish its rules and procedures. 4. Subject to paragraph 5, the Preparatory Group shall make decisions by consensus. Such decisions may include to adopt a different voting rule for a particular question or category of questions. A signatory may abstain and express a differing view without barring consensus. 5. However, where a decision cannot be reached by consensus, the decision shall be made by a majority comprising two-thirds of the Signatories. THE PARTIES GROUP 1. There shall be Parties Group comprised of the Contracting Parties. 2. The Parties Group shall facilitate the operation of this Agreement. To this end, it shall: (a) carry out the functions assigned to it under this Agreement; (b) at the request of a Contracting Party, clarify the interpretation or application of this Agreement; (c) consider any matter that may affect the operation of this Agreement; and (d) take such other actions as it deems necessary to fulfil its mandate. 3. In carrying out the functions specified in paragraph 2, the Parties Group may consult government and non-governmental organisations or persons. 4. The Parties Group shall elect a Chair, who shall serve in a personal capacity. Meetings shall be held at intervals to be determined by the Parties Group. The Parties Group shall establish its rules and procedures. 5. Subject to paragraph 6, the Parties Group shall make decisions by consensus. Such decisions may include a decision to adopt a different voting rule for a particular question or category of questions. A Contracting Party may abstain and express a differing view without barring consensus. 6. However, where a decision cannot be reached by consensus: (a) decisions on budgetary matters shall be made by a two-thirds majority of Contracting Parties whose assessed contributions represent, in combination, at least two-thirds of the total assessed contributions specified therein; and (b) decisions on accession and other matters shall be made by a [two-thirds] majority of the Contracting Parties. 7. The Parties Group shall be assisted by a Secretariat. 8. Parties Group and Secretariat costs shall be borne by the Contracting Parties as approved and apportioned by the Parties Group.
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Sources: International Investment Agreement
AND OPERATION. THE PREPARATORY GROUPGROUP 32
1. There shall be a Preparatory Group comprised of the Signatories to Agreement.
2. The Preparatory Group shall:
(a) prepare for entry into force of the Agreement and the establishment of the Parties Group;
(b) conduct discussions with non-signatory to the final Act;
(c) conduct negotiations with interested non-signatories to the Final Act and make decisions on their eligibility to become a Contracting Party; and
(d) 33
3. The Preparatory Group shall elect a Chairperson, who shall serve in a personal capacity. Meetings shall be held at intervals to be determined by the Preparatory Group. The Preparatory Group shall establish its rules and procedures.
4. Subject to paragraph 5, the Preparatory Group shall make decisions by consensus. Such decisions may include to adopt a different voting rule for a particular question or category of questions. A signatory may abstain and express a differing view without barring consensus.
5. However, where a decision cannot be reached by consensus, the decision shall be made by a majority comprising two-thirds of the Signatories. THE PARTIES GROUP.
1. There shall be Parties Group comprised of the Contracting Parties.
2. The Parties Group shall facilitate the operation of this Agreement. To this end, it shall:
(a) carry out the functions assigned to it under this Agreement;Agreement;34
(b) at the request of a Contracting Party, clarify the interpretation or application of this Agreement;
(c) consider any matter that may affect the operation of this Agreement; and
(d) take such other actions as it deems necessary to fulfil its mandate.
3. In carrying out the functions specified in paragraph 2, the Parties Group may consult government and non-governmental organisations or persons.
4. The Parties Group shall elect a Chair, who shall serve in a personal capacity. Meetings shall be held at intervals to be determined by the Parties Group. The Parties Group shall establish its rules and procedures.
5. Subject to paragraph 6, the Parties Group shall make decisions by consensus. Such decisions may include a decision to adopt a different voting rule for a particular question or category of questions. A Contracting Party may abstain and express a differing view without barring consensus.
6. However, where a decision cannot be reached by consensus:
(a) decisions on budgetary matters shall be made by a two-thirds majority of Contracting Parties whose assessed contributions represent, in combination, at least two-thirds of the total assessed contributions specified therein; and
(b) decisions on accession and other matters shall be made by a [two-thirds] majority of the Contracting Parties.Parties.35
7. The Parties Group shall be assisted by a Secretariat.
8. Parties Group and Secretariat costs shall be borne by the Contracting Parties as approved and apportioned by the Parties Group.Group.36
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