Page:United States Statutes at Large Volume 45 Part 1.djvu/313

 262 SEVENTIETH CONGRESS. SESS. I. CH. 167 . 1928 . payments made from time to time shall be apportioned among the payments authorized under clauses (A), (B), and (C) according to the aggregate amount remaining unpaid under each clause ; (11) To make such payments as are necessary to repay the amounts invested by the Alien P roperty Custo dian under su bsection (b) of section 25 of the Trading with the Enemy Act, as amended (relat- ing to the investment of the unallocated interest fund) ; but the amount payable under this paragraph shall not exceed the aggregate amountt allocated to the trusts described in subsection (c) of sec tion 26 of such Act ; Pay i nto Treasury (1 2) To pay into the Treasury as miscellaneous receipts the awards to Unite d states. amount of th e awards of t he Mixed Clai ms Commission to the United States on its own behalf on account of claims of the United States Funds l eft in Cler- against Germany ; and man special deposit. (13) To pay into the Tre asur y as mis cell aneo us r ecei pts any fund s remaining in the German special deposit account after the payments authorized by paragraphs (1) to (1 2) have been completed. (d) 50 per centum of the amounts appropriated under the author- ity of section 3 (relating to claims of German nationals) shal l be available for payments unde r paragraphs (6) and (7) of subsection (c) of this section (relating to such claims) and shall be available only for such payments unti l such time a s the payments authorized by such paragr aphs have bee n completed. (e) The Secretary of the Treasury is authorized to pay, from funds in the G erman special deposit acco unt, such amou nts, not in excess of $25,000 per annum, as may be necessary for the payment of the expenses in carrying out the provisions of this section and section 25 of the Tradi ng with the E nemy Act, as amended (relat ing to the investment of funds by the Alien Property Custodian), including personal services at the seat of government. (f) The Secretary of the Treasury is authorized to invest and reinvest, from time to time, in bonds, notes, or certificates of indebted- ness of the United States any of the funds in the German special deposit account, and to deposit to the credit of such account the interest or other earnings thereon. (g) There shall be deducted from the amounts first payable under this section to any American national in respect of any debt the amount, if any, paid by the Alien Property Custodian in respect of such debt which was not credited by the Mixed Claims Commission in making its award. Repay investment of unallocated interest fund. Limit. Post, p. 273. Availab ility of award s of Ar biter. Allo wance for ex- penses from German special deposit . Investment of special deposit in Federal se- curities. Deduction from award to an Amer ican of debt paid by Custo. dian not credited by Claims Commission. American claims agains t Austria and Hungary. Awards of Tripartit e Cla ims Comm issio n to be certified to Secre- tary of Treasury. Vol .44,p . 2213 . Payment of awards. Payments on ly from Austrian or Hungarian special deposits. CLAIMS OF UNITED STATES AND ITS NATIONALS AGAINST AUSTRIA AND HUNGARY SEc. 5. (a) The Commis sioner of the Tripartite Cl aims Commissi on (her eina fter ref erre d to as the " Commissioner ") selected in pur- suance of the agreement of November 26, 1924, between the United States and Austria and Hungary shall, from time to time, certify to the Secretary of the Treasury the judgments and interlocutory judg- me nts (her eina fter ref erre d to as " awards ") of the Commissioner. (b) The Secretary of the Treasury is authorized and directed to pay (1) in the case of any such judgment, an amount equal to the principal thereof, plus the interest thereon in accordance with such judgm ent, and (2) in the case of any such int erlocutory ju dgment, an amount equal to the principal thereof (converted at the rate of exchange specified in the certificate of the Commissioner provided for in section 7), plus the interest thereon in accordance with such certificate. (c) T he payments a uthorized by s ubsection (b) shall be mad e in accor dance with su ch regulations as the Secre tary of the T reasury

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