(2) Until a new currency is issued on the recommendation of the
Central Bank of Sudan, the circulating currencies in Southern
Sudan shall be recognised.
Existing Oil Contracts
208
(1) The Sudan People's Liberation Movement representatives
appointed to have access to all existing oil contracts, shall
finish their functions and duties which are prescribed by the
Comprehensive Peace Agreement as soon as practicable.
(2) The term "existing oil contracts" means contracts signed
before the date of signature of the Comprehensive Peace
Agreement.
(3) The existing oil contracts shall not be subject to re
negotiation.
(4) If existing oil contracts are deemed to have caused
fundamental social consequences and environmental
problems the National Government shall implement
necessary remedial measures.
(5) Persons whose rights have been violated by existing oil
contracts shall be entitled to compensation. Upon
establishment of these violations through due legal process,
the parties to the oil contracts shall be liable to compensate
the affected persons to the extent of the damage caused.
Government Liabilities and Assets
209
(1) Any debt or liability incurred by any level of government
shall be the responsibility of that level of government.
(2) There shall be a fair and equitable division of government
assets. An asset shall in the first instance be allocated to
the level of government responsible for the function in
respect of which the asset is related. In the event of a
dispute, such dispute shall be referred to a committee
comprising a representative of each of the parties involved
in the dispute and a mutually agreed expert. The decision of
the committee shall be final and binding.
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