Page:United States Statutes at Large Volume 62 Part 2.djvu/801

 62 STAT.] MULTILATERAL-GERMAN PROPERTY IN SPAIN-MAY 10, 1948 FINANCIAL PROTOCOL SUPPLEMENTARY TO THE ACCORD REGARDING THE ELIMINATION OF THE ECONOMIC POTENTIAL SITUATED IN SPAIN CAPABLE OF CONSTI- TUTING A DANGER TO PEACE, AND THE LIQUIDATION OF BALANCES AND PAYMENTS CLAIMS BETWEEN THE GOVERNMENTS OF SPAIN AND GERMANY For the purposes foreseen in the Accord signed on this date (herein- after referred to as the "Accord") the Contracting Parties agree to the following Protocol which shall be considered an integral part thereof. ARTICLE I In the execution of Articles IX and XI of the Accord, the balances in the account opened in the Spanish Foreign Exchange Institute in the name of the Representatives in Spain of the Allied Control Council for Germany (hereinafter called the "Representatives"), after deduc- tion of the sums payable to the Spanish Government, shall, in prin- ciple, be distributed proportionately in the following percentages: Albania 0.05 U.S.A. 28.00 Australia 0. 70 Belgium 2. 70 Canada 3.50 Denmark 0.25 Egypt 0.05 France 16. 00 United Kingdom 28.00 Greece 2. 70 India and Pakistan 2.00 Luxembourg 0. 15 Norway 1. 30 New Zealand 0. 40 Netherlands 3.90 Czechoslovakia 3.00 Union of South Africa 0. 70 Yugoslavia 6.60 Subject to notification by them to the Spanish Administration, the Representatives may modify the allocations set forth by the above schedule of percentages, provided always that the sum total of the in- creases made does not exceed 25% of the total to be distributed. It is understood that the percentages greater than 15% of the total may not be increased by more than 25% of their respective quotas, and that those of less than 15% of the total may not be increased by more than 50% of their quotas. ARTICLE II Deposits in individual accounts in the names of the beneficiary Pow- ers, referred to in the previous Article, shall be made at any time at 2083 Integral part of Ac- cord. Ante, p. 2062. Distribution of bal- ances in special ac- count. Ante, p. 2064; post, p. 2091. Modification of al- locations. Deposits in ndivid- ual acconts.

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