international legal-political framework may be in 

 effect at that time. 



9. In any conflict between a registered and an 

 unregistered claim, the former shaU prevail. Nor 

 shall any of the benefits of registration accrue to 

 an unregistered claim. 



D. An International Fund 



1. Every State registering a claim for exploita- 

 tion shall be required to pay a portion of the value 

 of the production, if any, into an International 

 Fund to be expended for purposes specified in the 

 agreements embodying the new framework, but 

 excluding the general purposes of the United 

 Nations. 



2. The Registry Authority shall accept the 

 payments from the States registering the claims 

 but shall have nothing to do with the management 

 of the International Fund to which it shall turn 

 over the proceeds. The purposes and management 

 of the Fund should be specified in the new 

 Convention. 



E. Powers and Duties of State Registrants 



Each State registering a claim shall have the 

 following powers and duties: (1) to enact legisla- 

 tion to implement the new framework; (2) to 

 apply its civil and criminal laws to protect the 

 exploration and exploitation activities under its 

 registered claims, including the personnel engaged 

 therein; and (3) to apply its domestic laws which 

 are not inconsistent with the new framework to 

 the exploration and exploitation activities under 

 its registered claims. 



F. The Limited Policing Functions of the Registry 

 Authority 



The Registry Authority shall be authorized to 

 inspect aU stations, instaUations, equipment and 

 other devices used in exploration or exploitation 

 under a registered claim. 



G. Relations Between the United States as a State 

 Registrant and the Business Entities on Whose 

 Behalf It Will Register Claims 



Congress should enact legislation -embodying 

 the following poUcies: 



1. The Secretary of the Interior shall be 

 authorized to register claims on behalf of the 



United States with the International Registry 

 Authority and shall adopt procedures to enable 

 business entities to apply for the registration of 

 claims on their behalf. 



2. The business entity on whose behalf the 

 claim is registered shall be required to pay to the 

 United States (a) the fees specified to cover the 

 costs of the Registry Authority; and (b) the 

 specified payments on the value of production, if 

 any. The United States shall then remit these 

 proceeds to the International Registry Authority 

 which, in turn, will deliver them to the Inter- 

 national Fund. 



3. If the claim sought to be registered pertains 

 . to an area in its intermediate zone, the United 



States shall adopt the poUcies it follows in leasing 

 rights to mineral resources exploitation on its 

 outer continental shelf. 



4. If the claim sought to be registered pertains 

 to an area of the deep seas beyond its intermediate 

 zone, the United States shall not use the competi- 

 tive bidding procedures authorized for the inter- 

 mediate zone, but shall, in every case, adopt the 

 same pohcy of "first-come, first-registered" that 

 will guide the International Registry Authority. 



H. Regional Cooperation 



The United States should encourage regional 

 cooperation of States in mineral resource explora- 

 tion and exploitation. 



I. Dispute Settlement 



The United States should ratify the Optional 

 Protocol Concerning the Compulsory Settlement 

 of Disputes which it has signed. Furthermore, the 

 International Registry Authority should be em- 

 powered initially to settle disputes arising under 

 the recommended framework, subject to review by 

 an independent arbitration agency appointed by 

 the Authority. 



II. A RECOMMENDED DECLARATION OF 

 PRINCIPLES BY THE UNITED NATIONS 

 PENDING NEGOTIATION OF NEW FRAME- 

 WORK 



The principles respecting mineral resources ex- 

 ploration and exploitation of the deep seas, which 

 the United States has proposed for adoption by 



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