Page:United States Statutes at Large Volume 62 Part 3.djvu/982

 62 STAT.] UNITED KINGDOM-FERROUS SCRAP-SEPT. 30, 1948 InitialAuthorizations Outside of Future Allocations 2. The existing authorization (approved May 13, 1948) of 600,000 tons (namely 200,000 tons to the United States, 300,000 tons to the United Kingdom and 100,000 tons to other countries) is confirmed. 3. In addition there will be the following supplementary author- izations:- (a) 100,000 tons to the United States, to bring the United States share to parity with the above-mentioned United Kingdom share of 300,000 tons; (b) 75,000 tons to the United Kingdom as a final shipment of booty scrap without payment; (c) 75,000 tons to the United States, to correspond to (b) above, but not free of payment. 4. The above total authorizations of 375,000 tons to the United States, 375,000 tons to the United Kingdom and 100,000 tons to other countries shall not be charged to future allocations, and the two Military Governors shall implement these authorizations immediately. Export Availabilitiesfrom Bizonal Area 5. The U.S. and U.K. Military Governors shall inform the ad hoc Committee, promptly after its establishment and from time to time thereafter, of the anticipated volume of scrap exports from the Bizonal Area. It is hoped that this figure for the year ending October 1, 1949, will be 1,000,000 tons or more, over and above the 850,000 tons author- ized above outside of future allocations. Interim Authorizations Chargeableagainst FutureAllocations 6. As an advance against contemplated early allocations within the framework of the regular allocating procedure, there shall also be authorized a further 125,000 tons to the United States, 125,000 tons to the United Kingdom and 125,000 tons to other countries, such quan- tities to be charged against future allocations. The two Military Governors shall also implement these authorizations immediately. 7. In the event that no recommendation is made by the ad hoc Committee before October 31, 1948, further interim authorizations shall be made on that date and on the last day of each month thereafter in the ratio of 2-2-1 for the United States, United Kingdom and other countries respectively, until such time as the regular allocation pro- cedure is in operation. Implementation of Allocations 8. In implementing this Agreement, the U.S. and U.K. Military Governors shall determine among other matters:- (a) whether to implement allocations by control over contracts or control over exports or both; (b) whether, if control over exports is adopted, the Joint Export- Import Agency may approve contracts within agreed limita- tions in excess of the total outstanding allocations of any country; 3599

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