Art. 24 Verdrag inzake luchtvervoer tussen het Koninkrijk der Nederlanden, ten behoeve van Curaçao, en de Republiek Trinidad en Tobago

1. If any dispute arises between the Contracting Parties relating to the interpretation or application of this Agreement, the Contacting Parties shall in the first place endeavour to settle it by consultation or negotiation. 2. If the Contracting Parties fail to reach a settlement by negotiation, the dispute may be referred by them to such person or body as they may agree on for mediation. 3. If settlement is not reached in accordance with paragraph 1 or 2 of this Article, either Contracting Party may upon written notification to the other Contracting Party submit the dispute for decision to a tribunal of three (3) arbitrators. 4. Within thirty (30) days of the issue of the notification under paragraph 3 of this Article, each Contracting Party shall appoint one (1) arbitrator, and within thirty (30) days of the appointment of the second arbitrator, the two (2) arbitrators by agreement shall appoint a third arbitrator who shall be a national of a third State and shall act as President of the Tribunal. 5. If within the time limits specified above any appointment has not been made, either Contracting Party may request the President of the Council of the International Civil Aviation Organization to make the necessary appointment within thirty (30) days. If the President is a national of one of the Contracting Parties, the most senior Vice-President who is not a national of one of the Contracting Parties shall be requested to make the appointment. If the Vice-President is a national of one of the Contracting Parties, the most senior Member of the Council of the International Civil Aviation Organization who is not a national of one of the Contracting Parties shall be requested to make the appointment. In this case, the third arbitrator appointed by the President or Vice-President or Member of the Council of the International Civil Aviation Organization, as the case may be, shall not be a national or permanent resident of the respective States of the Contracting Parties. 6. Unless otherwise agreed by the Contracting Parties, the tribunal shall determine the limits of its jurisdiction in accordance with the Agreement and shall establish its own procedure. 7. The Contracting Parties may submit requests for clarification of the decision within fifteen (15) days after it is received and such clarification shall be issued within fifteen (15) days of such request. 8. The decision of the tribunal shall be binding on the Contracting Parties and shall be taken by a majority vote. 9. Each Contracting Party shall bear the costs of the arbitrator appointed by it. The other costs of the tribunal shall be shared equally by the Contracting Parties including any expenses incurred by the President or Vice-President or Member of the Council of the International Civil Aviation Organization in implementing the procedures in paragraph 5 of this Article.

Settlement of Disputes

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