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(i) ensure that the necessary funds are made available to the
Enterprise in a timely manner in accordance with the
Convention, upon its entry into force; and
(ii) report periodically to the Commission on the activities
carried out by it, by its entities or natural or juridical
persons.
13. The Authority and its organs shall recognize and honour the rights
and obligations arising from this resolution and the decisions of the
Commission taken pursuant to it.
14. Without prejudice to paragraph 13, this resolution shall have effect
until the entry into force of the Convention.
15. Nothing in this resolution shall derogate from Annex III, article 6,
paragraph 3(c), of the Convention.
RESOLUTION III
The Third United Nations Conference on the Law of the Sea,
Having regard to the Convention on the Law of the Sea,
Bearing in mind the Charter of the United Nations, in particular
Article 73,
1. Declares that:
(a) In the case of a territory whose people have not attained full
independence or other self-governing status recognized by the
United Nations, or a territory under colonial domination,
provisions concerning rights and interests under the Convention
shall be implemented for the benefit of the people of the
territory with a view to promoting their well-being and
development.
(b) Where a dispute exists between States over the sovereignty of
a territory to which this resolution applies, in respect of which
the United Nations has recommended specific means of
settlement, there shall be consultations between the parties to
that dispute regarding the exercise of the rights referred to in
subparagraph (a). In such consultations the interests of the
people of the territory concerned shall be a fundamental
consideration. Any exercise of those rights shall take into
account the relevant resolutions of the United Nations and shall
be without prejudice to the position of any party to the dispute.
The States concerned shall make every effort to enter into
provisional arrangements of a practical nature and shall not
jeopardize or hamper the reaching of a final settlement of the
dispute.
2. Requests the Secretary-General of the United Nations to bring this
resolution to the attention of all Members of the United Nations and the other
participants in the Conference, as well as the principal organs of the United
Nations, and to request their compliance with it.
RESOLUTION IV
The Third United Nations Conference on the Law of the Sea,
Bearing in mind that national liberation movements have been invited to
participate in the Conference as observers in accordance with rule 62 of its
rules of procedure,
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