Page:UN Treaty Series - vol 2.pdf/38

30 Sveriges Riksbank shall have the right at any time to sell to De Nederlandsche Bank against all or part of the Swedish Kronor balances held by that Bank either Netherlands guilders at the official rate or gold to be aside at the Sveriges Riksbank in Stockholm.

De Nederlandsche Bank shall have the right at any time to sell to Sveriges Riksbank against all or part of the Netherlands guilders balances held by that Bank either Swedish kronor at the official rate or gold to be set aside at De Nederlandsche Bank in Amsterdam.

Gold set aside in Stockholm in accordance with the provisions of this Article shall be at De Nederlandsche Bank's free disposal and may be exported.

Gold set aside in Amsterdam in accordance with the provisions of this Article shall be at Sveriges Riksbank's free disposal and may be exported.

Amounts in excess of one third of the amount in Netherlands guilders mentioned in Article 2 standing to the credit of Sverigs Riksbank's No. 1 Account with De Nederlandsche Bank and amounts in excess of one third of the amount in Swedish kronor mentioned in the same article standing to the credit of De Nederlandsche Bank's No. 1 Account with Sveriges Riksbank shall bear interest at a rate of two (2) per cent per annum to be paid half-yearly, on the 30th June and 1he 31st December.

The Swedish Government shall not restrict the availability of Swedish kronor at the disposal of residents of the Netherlands monetary area for making:

a) transfers to other residents of the Netherlands monetary area;

b) payments to residents of Sweden; or

c) transfers to residents of countries outside the Netherlands monetary area and Sweden to the extent to which these may be authorised by the Swedish Government under the arrangements contemplated in Article 8 (iii). No. 19