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Article 35 Dispute Resolution Committee

There shall be established in the Agency, a Dispute Resolution Committee to be formed by a Resolution of the Governor of the Agency, every three years. The Committee shall consist of two judges of the Civil High Court of Appeal commissioned by the High Judicial Council; the longer serving of the two judges shall be President of the Committee. The other member of the Committee shall either be a high-ranking officer of the Agency, or a person well qualified and experienced in financial transactions.

The Dispute Resolution Committee shall have exclusive jurisdiction in matters assigned to it by this Law, and in settling disputes that arise between the Trustee, the Settler, the Trust Protector and the Beneficiary.

Decisions of the Committee shall be reasoned and adopted by the majority of opinions, and shall be binding to the parties to the Dispute.

Matters relating to the procedures for bringing a dispute before the Committee and settlement of the dispute; the place of Committee meetings; the manner of notifying the parties to a dispute of the Committee's decisions; and determining the remuneration due to members of the committee; shall be regulated by a resolution to be issued by the Minister of Justice.

Appeal against decisions of the Committee shall be made to the Court of Cassation (Supreme Court) within thirty days of issue of the decision.