Page:United States Statutes at Large Volume 57 Part 2.djvu/397

 57 STAT.] VENEZUELA-FOODSTUFFS PRODUCTION-MAY 14, 1943 of the United States of Venezuela opportunely includes allotments in the General Revenue and Public Expenditures Budget permitting expenditure of an additional sum up to one million five hundred thirty thousand bolivares (Bs.1,530,000) for the same purpose previously stated. SEVENTH The funds to be contributed by the Government of the United States of America shall be transferred to the S.C.I.P .A. as required by the progress of the work performed and according to agreement between the Minister of Agriculture and Animal Husbandry, the Director of the Technical Institute of Immigration and Colonization and the Chief of the Food Production Mission in Venezuela. The funds to be supplied on its part by the Government of the United States of Venezuela shall be transferred to the S.C.I.P .A. in proportion to the amounts provided by the Government of the United States of America, at the rate of three bolivares six centimes (Bs.3,06) per dollar. EIGHTH The contributions determined in clause six of this modus vivendi, after deducting cost of equipment, machinery and other effects supplied by both governments, shall be deposited in the Banco Agricola y Pecuario, to the order of the Technical Institute of Immi- gration and Colonization, in the form of a special current account in the name of the S.C.I .P.A ., which shall utilize them in the execution of the cited foodstuffs production plan. The mentioned account current must he used by means of checks jointly signed by the Director of the Technical Institute of Immigration and Colonization and by the Technical Director of the S.C .I.P.A., who shall comply strictly with the instrucltiorns or rules formulated to this effect in agreemelnt with the Minister of Agriculture and Animral Iusbandry. NINTH The sum of five hundred thousand dollars ($500,000) referred to in clause six of this modus vivendi, which must be integrally invested in the production of foodstuffs of primary necessity in Venezuela, shall constitute the total contribution of the Government of the United States of America, unless the conditions stipulated in said clause six are fulfilled, in which case the said total contribution shall be one million dollars ($1,000,000). The sum of one million five hundred thirty thousand bolivares (Bs.1,530,000) also mentioned in said clause six, shall constitute the total contribution of the Government of the United States of Venezuela, unless the latter decides to prolong the duration of this modus vivendi for another year and include in the General Budget of Revenue and Public Expenditures allotments to allow the expenditure of an additional one million five hundred thirty thousand bolivares (Bs.1,530,000) in which case its total contribution would be three million sixty thousand bolivares (Bs.3,060,000). 1033 Transfer of funds to S.C.I.P .A. Deposit and use of funds. Total eonltrihlt ios.

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