Page:United States Statutes at Large Volume 45 Part 1.djvu/306

 SEVENTIETH CONGRESS. SEss. I. Cii. 167. 1928 . 255 5 per centum per annum, upon the amounts payable under subsection (b) and remaining unpaid, beginning January 1, 1928, until paid. (d) Payments from Ger- The payments authorized by subsection (b) or (c) shall be man speci al de pos it made in accordance with such regulations as the Secretary of the fund- Treasury may prescribe, but only out of the German special deposit account created by section 4, within the limitations hereinafter pre- post, 260 . scribed, and in the order of priority provided in subsection (c) of section 4. (e) There shall be deducted from the amount of each payment, d Expenses from to b end eee as reimbursement for the expenses incurred by the United States in respect thereof, an amount equal to one-half of 1 per centum thereof. The amount so deducted shall be deposited in the Treasury as mis- Not considered in ce llaneo us rece ipts. In computing the amounts payable under sub- computing awards. section (c) of section 4 (establishing the priority of payments) the fac t that such d eduction is r equired to be made from the payment when computed or that such deduction has been made from prior payme nts, shall be disregarded. f The amounts awarded to the United States in respect of claims States t excluded. unites cluded. of the United States on its own behalf shall not be payable under this section. (g) No payment shall be made under this section unless application jug Time for applica tions. mak- therefor is made, within two years after the date of the enactment of this Act, in accordance with such regulations as the Secretary Payments authorized. of th e Treasury ma y prescribe. Payment shall be made only to the person on behalf of whom the award was made, except that- To leg al represeta- (1) If such person is deceased or is under a legal disability, pay- tive of deceased, etc ., ment shall be made to his legal representative, except that if the person. payment is not over $500 it may be made to the persons found by the Secretary of the Treasury to be entitled thereto, without the neces- sity of compliance with the requ irements of l aw in respect of the administration of estates ; To terminated part- (2) In the case of a partnership, association, or corporation, the nerships, etc. existence of which has been terminated, payment shall be made, except as provided in paragraphs (3) and (4), to the persons found by the Secretary of the Treasury to be entitled thereto ; To receiver or trustee. (3) If a receiver or trustee for the person on behalf of whom the award was made has been duly appointed by a court in the United States and has not been discharged prior to the date of pay- ment, payment shall be made to the receiver or trustee or in accordance with the order of the court ; and To assignee of an (4) In the case of an assignment of an award, or an assignment award. (prior to the making of the award) of the claim in respect of which the award was made, by a receiver or trustee for any such person, duly appointed by a court in the United States, such pays ent shall be made to the assignee. Payment of awards (h) Nothing in this section shall be construed as the assumption by United States, not as- of a liability by the United States for the payment of the awards sumptio n of a liabil ity . of the Mixed Claims Commission, nor shall any payment under this section be construed as the satisfaction, in whole or in part, of any of such awards, or as extinguishing or diminishing the liability of Germany for the satisfaction in full of such awards, but shall be considered only as an advance by the United States until all the pay- me nts from Ger many in sati sfac tion of the awar ds h ave been rec eive d. Rig hts held as as- Upon any payment under this section of an amount in respect of an sig ned to Un ited Stat es and to be enforced award, the rights in respect of the award and of the claim in respect agains t Germany. of which the award was made shall be held to have been assigned pro tanto to the United States, to be enforced by and on behalf of the United States against Germany, in the same manner and to the same extent as such rights would be enforced on behalf of the American national.

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