Page:United States Statutes at Large Volume 62 Part 3.djvu/986

 62 STAT.] UNITED KINGDOM-FERROUS SCRAP-SEPT. 30, 1948 3603 other countries, respectively, until such time as the regular allocation procedure is in operation. Implementation of Allocations 8. In implementing this Agreement, the US and UK 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; (c) whether, in appropriate cases, contracts shall provide for de- livery of scrap within specified short periods in order to pre- vent undue tying up of allocations in individual long-term contracts; (d) whether and in what manner to instruct JEIA to take precau- tions to satisfy itself as to the competence of contracting parties to implement the terms of the contract. Effective Date of ForegoingAuthorizations 9. All scrap exported subsequent to the date of this Agreement shall be charged against the foregoing authorizations. Booty Scrap 10. There shall be no further exports of booty scrap after the date of this Agreement except for the 75,000 tons authorized under para- graph II-3-(b) above. Price 11. The price of scrap with appropriate differentials for loading points, quality of scrap, etc., shall be uniform for all foreign buyers, and shall be set from time to time by the US and UK Military Gover- nors under such procedures as they may establish. Special Measures 12. If the US and UK Military Governors consider that adequate Scrap recovery; quantities of exportable scrap cannot be obtained without special measures, they are authorized to approve the recovery of scrap by such measures. Scrap recovery under such arrangements, if approved, may be outside regular allocations but subject to such special alloca- tions as the US and UK Military Governors may determine after con- sultation with the ad hoc Committee. Direct Recovery of Scrap 13. Nothing in this Agreement shall preclude operations by non- German organizations for the recovery of scrap from disarmament and other sources not readily accessible to German scrap merchants provided such operations are carried on in a manner acceptable to the US and UK Military Governors and that all recoveries of scrap (other than the 75,000 tons of booty scrap mentioned above) are paid 68706-52 -PT. II ---63

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