Page:United States Statutes at Large Volume 62 Part 2.djvu/1318

 62 STAT.] UNITED KINGDOM-ECONOMIC COOPERATION-JULY 6, 1948 4. This Agreement may be amended at any time by agreement Amendment. between the two Governments. 5. The Annex to this Agreement forms an integral part thereof. 6. This Agreement shall be registered with the Secretary-General Regstration. of the United Nations. IN WITNESS whereof the respective representatives, duly authorised for the purpose, have signed the present Agreement. Done in London, in duplicate, this 6th day of July, 1948. LEWIS. W. DOUGLAS ERNEST BEVIN Annex INTERPRETATIVE NOTES It is understood that the requirements of paragraph 1 (a) of Article II relating to the adoption of measures for the efficient use of resources, Ane, p. 2598 would include, with respect to commodities furnished under the Agree- ment, effective measures for safeguarding such commodities and for preventing their diversion to illegal or irregular markets or channels of trade. 2. It is understood that the obligation under paragraph 1 (c) of Article II to balance the budget would not preclude deficits over a Ate, p. 258. short period but would mean a budgetary policy involving the balanc- ing of the budget in the long run. 3. It is understood that the business practices and business arrange- ments referred to in paragraph 3 of Article II mean- Ante. p. 259. (a) Fixing prices, terms or conditions to be observed in dealing with others in the purchase, sale or lease of any product; (b) Excluding enterprises from, or allocating or dividing, any ter- ritorial market or field of business activity, or allocating customers, or fixing sales quotas or purchase quotas; (c) Discriminating against particular enterprises; (d) Limiting production or fixing production quotas; (e) Preventing by agreement the development or application of technology or invention whether patented or unpatented; Extending the use of rights under patents, trade marks or copyrights granted by either country to matters which, accord- ing to its laws and regulations, are not within the scope of such grants, or to products or conditions of production, use or sale which are likewise not the subjects of such grants; and (g) Such other practices as the two Governments may agree to include. 4. It is understood that the Government of the United Kingdom is obligated to take action in particular instances in accordance with 2607

�