Page:United States Statutes at Large Volume 60 Part 2.djvu/622

 60STAT.] AUSTRALIA-MUTUAL AID SETTLEMENT-JUNE 7, 1946 (iv) the obligation heretofore assumed by the Commonwealth of Australia in connection with silver transferred by the Government of the United States under lend-lease. (c) In consideration of the mutual undertakings described in this Agreement, and with the objective of arriving at as comprehensive a settlement as possible and of obviating protracted negotiations be- tween the two Governments, all other financial claims whatsoever of one Government against the other which arose out of lend-lease or reciprocal aid, or otherwise arose on or After September 3,-1939 and prior to September 2, 1945, out of or incidental to the conduct of World War II, and which are not otherwise dealt with in this Agree- ment, are hereby waived, and neither Government will hereafter raise or pursue any such claims against the other. 8. (a) The Government of the United States, in partial considera- tion of the payments to be made by the Commonwealth of Australia pursuant to section 3 of this Agreement, agrees to transfer property, selected by mutual agreement, located in or outside Australia, hereto- fore or hereafter declared to the Office of the Foreign Liquidation Commissioner, United States Department of State, as surplus to the requirements of any department or agency of the Government of the United States, of a total value aggregating-$6,500,000 computed at prices to be mutually agreed. There shall be included in the property covered by this paragraph (i) all property so declared as surplus included in sales or agreements to sell heretofore entered into between the two Governments; and (ii) all such property included in sales or agreements to sell to any firms or individuals in Australia or in Australian territories, heretofore or hereafter made by the Govern- ment of the United States, in respect of which import licenses have been or may hereafter be issued by the Commonwealth of Australia; and the contract value of the property included in such sales or agree- ments to sell shall be taken into consideration in computing the total value of surplus property transferred hereunder. This Agreement shall govern in any case in which the terms hereof are in conflict with the terms of any of the agreements described in paragraphs (i) and (ii) above. (b) The amounts paid and to be paid to the Government of the United States for the property included in the sales and agreements to sell described in paragraphs 8 (a) (i) and 8 (a) (ii) of this Agree- ment shall, when paid, be treated as payments by the Commonwealth of Australia in partial discharge of the obligation of the Common- wealth of Australia assumed in section 3 of this Agreement to make payments to the Government of the United States. (c) The Commonwealth of Australia agrees that it will not cause, and will use its best endeavors to prevent, the exportation to the United States, its territories or possessions, of any of the property covered by paragraph (a) above in the same, or substantially the same form, 80684o-48- -P. I --89 Waiver of certain claims. Transfer of surplus property. Ante, p. 1707. Amounts to be paid for property. Ante, p. 1707. Exportation of sr- plus property to U. 8.

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