Page:United States Statutes at Large Volume 61 Part 2.djvu/1162

 2122 TREATIES [61 STAT. nationals, where such transfers resulted from force or duress exerted by Axis Governments or their agencies during the war. In the case of Czechoslovak nationals, this paragraph shall also include transfers after November 2, 1938, which resulted from force or duress or from measures taken under discriminatory internal legislation by the Hungarian Government or its agencies in Czechoslovak territory annexed by Hungary. 4. (a) The Hungarian Government shall be responsible for the restora- tion to complete good order of the property returned to United Nations nationals under paragraph 1 of this Article. In cases where property cannot be returned or where, as a result of the war, a United Nations national has suffered a loss by reason of injury or damage to property in Hungary, he shall receive from the Hungarian Government compensation in Hungarian currency to the extent of two-thirds of the sum necessary, at the date of payment, to purchase similar property or to make good the loss suffered. In no event shall United Nations nationals receive less favourable treatment with respect to compensation than that accorded to Hungarian nationals. (b) United Nations nationals who hold, directly or indirectly, owner- ship interests in corporations or associations which are not United Nations nationals within the meaning of paragraph 9 (a) of this Article, but which have suffered a loss by reason of injury or damage to property in Hungary, shall receive compensation in accordance with sub-paragraph (a) above. This compensation shall be calculated on the basis of the total loss or damage suffered by the corporation or association and shall bear the same propor- tion to such loss or damage as the beneficial interests of such nationals in the corporation or association bear to the total capital thereof. (c) Compensation shall be paid free of any levies, taxes or other charges. It shall be freely usable in Hungary but shall be subject to the foreign exchange control regulations which may be in force in Hungary from time to time. (d) The Hungarian Government shall accord to United Nations nation- als the same treatment in the allocation of materials for the repair or re- habilitation of their property in Hungary and in the allocation of foreign exchange for the importation of such materials as applies to Hungarian 'nationals.

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