Document ID: chunk:federal_register_of_legislation:C2019C00259:schedule:1:p19
Version: federal_register_of_legislation:C2019C00259
Segment Type: schedule
Provision Reference: sch 1 (pt 19/24)
Character Range: 65822–68681

dependent on the exploitation of the living resources of its exclusive economic zone.

Article 72

Restrictions on transfer of rights
 1. Rights provided under articles 69 and 70 to exploit living resources shall not be directly or indirectly transferred to third States or their nationals by lease or licence, by establishing joint ventures or in any other manner which has the effect of such transfer unless otherwise agreed by the States concerned.
 2. The foregoing provision does not preclude the States concerned from obtaining technical or financial assistance from third States or international organizations in order to facilitate the exercise of the rights pursuant to articles 69 and 70, provided that it does not have the effect referred to in paragraph 1.

Article 73

Enforcement of laws and regulations of the coastal State
 1. The coastal State may, in the exercise of its sovereign rights to explore, exploit, conserve and manage the living resources in the exclusive economic zone, take such measures, including boarding, inspection, arrest and judicial proceedings, as may be necessary to ensure compliance with the laws and regulations adopted by it in conformity with this Convention.
 2. Arrested vessels and their crews shall be promptly released upon the posting of reasonable bond or other security.
 3. Coastal State penalties for violations of fisheries laws and regulations in the exclusive economic zone may not include imprisonment, in the absence of agreements to the contrary by the States concerned, or any other form of corporal punishment.
 4. In cases of arrest or detention of foreign vessels the coastal State shall promptly notify the flag State, through appropriate channels, of the action taken and of any penalties subsequently imposed.

Article 74

Delimitation of the exclusive economic zone between States with opposite or adjacent coasts
 1. The delimitation of the exclusive economic zone between States with opposite or adjacent coasts shall be effected by agreement on the basis of international law, as referred to in Article 38 of the Statute of the International Court of Justice, in order to achieve an equitable solution.
 2. If no agreement can be reached within a reasonable period of time, the States concerned shall report to the procedures provided for in Part XV.
 3. Pending agreement as provided for in paragraph 1, the States concerned, in a spirit of understanding and co‑operation, shall make every effort to enter into provisional arrangements of a practical nature and, during this transitional period, not to jeopardise or hamper the reaching of the final agreement. Such arrangements shall be without prejudice to the final delimitation.
 4. Where there is an agreement in force between the States concerned, questions relating to the delimitation of the exclusive economic zone shall be