Page:United States Statutes at Large Volume 45 Part 1.djvu/317

 266 SEVENTIETH CONGRESS. SEss. I. Cii. 167. 1928 . Ante, p. 262. Rat e of ex cha nge for interlocutory judg. ments to be fixed . No Hungar ian pay- ments, etc ., prior to certificate from Com- missioner. Th at Hungarian special deposit account is su ffic ient to pay awards. Ante, p. 262. Rate of excha nge for interlocutory judg- ments to be fixed. Payment of adminis. trati on ex pens es. I nvest ment of s pecia l deposits in F ede ral s ecuri ties. De ductions from American awards of deb ts pa id by Cu s- todian, etc . Aw ards to Un ited States to be paid into the Treasury. Disposal of amounts remaining in. deposits. of the Commissioner) are sufficient to make the payments authorized by subsection (b) of section 5 in respect of awards against Austria ; and (2) In respect of interlocutory judgments entered by the Commis- sioner, the rate of exchange at which such interlocutory judgments shall be converted into money of the United States and the rate of interest applicable to such judgments and the period during which such interest shall run . The Commissioner is authorized and requested to fix such rate of exchange and interest as he may determine to be fair and equitable, and to give notice thereof, within thirty clays after the enactment of this Act . (e) No payment shall be made in respect of any award of the Commissioner against Hungary or of the Arbiter on behalf of an Hungarian national, nor shall any money or other property be retu rned u nder p aragr aph (15), (20), (21), or (22) of subsection (b) of section 9 of the Trading with the Enemy Act, as amended by this Act (relating to the return of money and other property by the Alien Property Custodian to Hungarian nationals), prior to the date upon which the C ommis sioner certi fies t o the Secre tary o f the Treasury- (1) That the amounts deposited in the Hungarian special deposit account under paragraph (2) of subsection (b) of this section in respect of property of the Hungarian Government or property o a corporation all the stock of which was owned by the Hungarian Gove rnment ) and under parag raph ( 3) of subse ction (b) of this section (in respect of money received by the United States in respect of claims of the United States against Hungary on account of awards of the Commissioner), are sufficient to make the payments authorized by subsection (b) of section 5 in respect of awards against Hungary ; and (2) In respect of interlocutory judgments entered by the Com- missioner, the rate of exchange at which such interlocutory judg- ments shall be converted into money of the United States and the rate of interest applicable to such judgments and the period during which such interest shall run . The Commissioner is authorized and requested to fix such rate of exchange and interest as he may deter- mine to be fair and equitable, and to give notice thereof, within thirty days after the enactment of this Act . (f) Amounts available under subsection (e) of section 4 (relating to payment of expenses of administration) shall be available for the payment of expenses in carrying out the provisions of this section, including personal services at the seat of government . (g) The Secretary of the Treasury is authorized to invest and reinvest, from time to time, in bonds, notes, or certificates of indebt- edness of the United States, any of the funds in the Austrian or the Hungarian special deposit account, and to deposit to the credit of such account the interest or other earnings thereon . (h) 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 Commissioner in making his award . (i) The payments of the awards of the Commissioner to the United States on its own behalf, on account of claims of the United States against Austria or Hungary, shall be paid into the Treasury as miscellaneous receipts. (j) Any amount remaining in the Austrian or the Hungarian special deposit account after all the payments authorized to be made therefrom have been completed shall be disposed of as follows

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