Page:United States Statutes at Large Volume 61 Part 5.djvu/47

 INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [61 STAT. institution of such action, as the case may be, and the sub- sequent maintenance or institution of such action by the contracting party shall be subject to any limitations which the CONTRACTING PARTIES may prescribe for the purpose of ensur- ing compliance with the provisions of paragraph 1 of this Article; Provided that the CONTRACTING PARTIES shall not require that prior approval be obtained for individual transactions. (b) If at any tine the CONTRACTING PARTIES find that import restrictions are being applied by a contracting party in a dis- crininatory manner inconsistent with the exceptions provided for under paragraph 1 of this Article, the contracting party shall, within sixty days, remove the discrimination or modify it as specified by the CONTRACTING PARTIES; Provided that any action under paragraph 1 of this Article, to the extent that it has been approved by the CONTRACTING PARTIES under sub-paragraph (a) of this paragraph or to the extent that it has been approved by then at the request of a contracting party under a procedure analogous to that of paragraph 4(c) of Article XII, shall not be open to challenge under this sub-paragraph or under paragraph 4(d) of Article XII on the ground that it is inconsistent with the provisions of Article XIII. (c) Not later than March 1, 1950, and in each year there- after so long as any contracting parties are taking action under paragraph 1 of this Article, the CONTRACTING PARTIES shall report on the action still taken by contracting parties under that paragraph. On or about March 1, 1952, and in each year there- after so long as any contracting parties are taking action under paragraph 1 of this Article, and at such tines thereafter as they may decide, the CONTRACTING PARTIES shall review the question whether there then exists such a substantial and widespread A46

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