Common use of Special Formalities and Disclosure of Information Clause in Contracts

Special Formalities and Disclosure of Information. 1. Nothing in Article 10.4 (National Treatment) or 10.5 (Most Favoured Nation Treatment) shall be construed to prevent a Party from adopting or maintaining a measure that prescribes special formalities in connection with covered investments, including a requirement that covered investments be legally constituted under the laws or regulations of the Party, provided that such formalities do not substantially impair the protections afforded by a Party to investors of the other Party and covered investments pursuant to this Chapter.