Page:United States Statutes at Large Volume 60 Part 2.djvu/455

 Monthly statement. Extension of leasing arrangement. Acquisition of air- craft by United King- dom; payment. Transfer of spares. Use of certain Har vard and Liberator aircraft by United Kingdom. Restriction. Offer of aircraft and spares for return to U.S. INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [60 STAT. under lease. A monthly statement shall be furnished by the Govern- ment of the United Kingdom as to the consumption of the 7,213 air- craft months and as to the number of aircraft that will be available for return at the end of the month. 6. In the event that the Government of the United Kingdom desires to extend the leasing arrangement referred to in paragraph 5 hereof, the Government of the United States will grant such extension, for which separate payment will be made by the Government of the United Kingdom in cash at the rate of $333.33 per aircraft month for any aircraft months in excess of the 7,213 aircraft months specified in paragraph 5 hereof. In the event of a national emergency the Govern- ment of the United States shall have the right to refuse such extension in respect of any or all aircraft under lease. 7. Should the Government of the United Kingdom desire at any time to acquire, and the Government of the United States be willing to transfer, title to any of the said aircraft leased from the Govern- ment of the United States, separate payment shall be made in cash by the Government of the United Kingdom at the present United States standard surplus disposal price of $20,000 per aircraft less lease charges paid in respect of such aircraft up to the time of purchase thereof, or at the United States standard disposal price obtaining at the date of acquisition with no reduction for lease charges previously paid, whichever is the lower. 8. The Government of the United States hereby transfers to the Government of the United Kingdom full title, as of September 2, 1945, to the latter's holdings on that date of spares related to the aircraft described in paagrgraphs 3, 4 and 5 of this Agreement (esti- mated at two months' supply), subject to the same conditions re- garding disposal as are applicable to the particular aircraft to which they are related. 9. The Government of the United Kingdom may continue to use for military purposes such Harvard (AT-6 and AT-16) aircraft as it has indicated it requires for such purposes, and such Liberator (B-24) aircraft as have been converted by the RAP into improvised transport aircraft, together with a proportionate range of spares behind both types. No converted Liberator (B-24) aircraft will be employed by the Government of the United Kingdom for commercial hire in the carriage of freight or passengers. 10. The Government of the United Kingdom will offer to the Gov- ernment of the United States for return all the aircraft referred to in paragraph 1 hereof (other than those covered by paragraphs 3, 4 and 5 hereof) which remain on charge to all holding agencies of the Govern- ment of the United Kingdom. The Harvard and Liberator aircraft referred to in paragraph 9 hereof will be offered for return on the same conditions as they become surplus to United Kingdom military re- quirements and, if not accepted by the Government of the United States, will be subject to the provisions of paragraph 13 hereof.

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