201. The State must comply with its obligations by payment in United States dollars or the equivalent in Venezuelan currency, using the exchange rate in force on the market in New York, United States of America, on the day before the payment to make the respective calculation. 202. If, for reasons that can be attributed to the beneficiary of the compensation or her heirs, it is not possible to pay the amounts decided within the period indicated, the State shall deposit the said amounts in their favor in an account or certificate of deposit in a solvent Venezuelan financial institution in United States dollars and under the most favorable financial terms allowed by law and banking practice. If, after 10 years, the compensation has not been claimed, the amounts shall be returned to the State, with the accrued interest. 203. The amounts allocated in this judgment as compensation and reimbursement of costs and expenses must be paid to the individuals indicated in full, in keeping with the provisions of this judgment, without reductions for possible taxes or charges. 204. If the State falls into arrears with its payments, it must pay interest on the amount owed corresponding to Venezuelan banking interest on arrears. XII OPERATIVE PARAGRAPHS 205. Therefore, THE COURT, DECIDES, unanimously, 1. To reject the preliminary objection filed by the State in the terms of paragraphs 20 to 24 of this judgment. DECLARES: unanimously, that: 2. The State has violated Articles 8(1), in relation to Article 1(1) of the American Convention, to the detriment of Mrs. Chocrón Chocrón, in the terms of paragraphs 115 to 123 of this judgment. 3. The State has violated Article 25(1), in relation to Article 1(1) of the American Convention, to the detriment of Mrs. Chocrón Chocrón, in the terms of paragraphs 127 to 130 of this judgment. 4. It is not necessary to rule on the alleged violation of Article 23(1)(c), in relation to Article 1(1) of the American Convention, to the detriment of Mrs. Chocrón Chocrón, in the terms of paragraphs 134 to 136 of this judgment. 5. The State has failed to comply with Article 2, in relation to Articles 8(1) and 25(1) of the American Convention, in the terms of paragraphs 140 to 142 of this judgment. AND ORDERS: 57

Select target paragraph3

Connect to a paragraph
Connect to an entity
Disable highlights
Add to table of contents