OVERSIGHT BODY’S EVALUATIONS. (a) The Oversight Body shall evaluate whether the Co-Proponents’ annual report provides the information required under section 5.1. The Oversight Body shall provide its evaluation to the Co-Proponents and make it available to the public. (b) The Co-Proponents shall take reasonable steps to address any information deficiencies found by the Oversight Body in the annual report by providing additional information requested by the Oversight Body without unreasonable delay, subject further to the limitations on sensitive information in sections 5.3(a) and 5.3(d). (c) The Oversight Body may provide a written evaluation of the actions taken by the Co-Proponents within the year, or planned by the Co-Proponents for the future, along with the bases for its evaluation. The Oversight Body shall provide its evaluation to the Co-Proponents and make it available to the public. (d) The Co-Proponents shall reply to the Oversight Body’s evaluation under section 5.4(c), and in that reply the Co-Proponents shall indicate agreement or disagreement with any recommendations, along with a meaningful explanation of the bases for agreement or disagreement. The Co-Proponents shall provide their reply to the Oversight Body and make it available to the public. (e) If the Oversight Body believes that the Co-Proponents have not complied with the requirements of sections 5.4(b) or 5.4(d) the Oversight Body may initiate the dispute resolution process described in Article 13 of this Agreement.
Appears in 2 contracts