Page:United States Statutes at Large Volume 69.djvu/612

 570

Determination of e x p e n s e s, e t c.

Liens, etc.

Penalties.

PUBLIC LAW 285-AUG. 9, 1955

[69

S T AT

and special assessment; and also any interest, penalty, additional amount, or addition thereto not arising from any act, omission, neglect, failure, or delay on the part of the designee. "SEC. 213. Prior to covering the net proceeds of liquidation of any property into the Treasury pursuant to section 202(a), the designee of the President under this title shall determine— "(1) the amount of his administrative expenses attributable to the performance of his functions under this title with respect to such property and the proceeds thereof. The amount so determined, together with an amount not exceeding that expended or incurred for the conservation, preservation, or maintenance of such property and the proceeds thereof, and for taxes in respect of same, shall be deducted and retained by the designee from the proceeds otherwise covered into the Treasury; and "(2) that the time for the institution of a suit under section 207 (a), for the filing of a notice of claim under section 207(b), and for the filing of debt claims under section 208 has elapsed. The determinations of the designee under this section shall be final and conclusive. "SEC. 214. No property conveyed, transferred, assigned, delivered, or paid to the designee of the President under this title, or the net proceeds thereof, shall be liable to lien, attachment, garnishment, trustee process, or execution, or subject to any order or decree of any court, except as provided in this title. "SEC. 215. AVhoever shall willfully violate any provision of this title or any rule or regulation issued hereunder, and whoever shall willfully violate, neglect, or refuse to comply with any order of the President or of a designee of the President under this title, issued in compliance with the provisions of this title shall be fined not more than $5,000, or, if a natural person, imprisoned for not more than five years, or both; and the officer, director, or agent of any corporation who knowingly participates in such violation shall be punished by a like fine, imprisonment, or both. "TITLE III " C L A I M S A G A I N S T BULGARIA, H U N G A R Y, R U M A N I A, I T A L Y, ^ N D THE SOVIET U N I O N

61 Stat., pt. 2.

"SEC. 301. As used in this title the term— "(1) 'Person' means a natural person, partnership, association, other unincorporated body, corporation, or body politic. "(2). 'National of the United States' means (A) a natural person who is a citizen of the United States, or who owes permanent allegiance to the United States, and (B) a corporation or other legal entity which is organized under the laws of the United States, any State or Territory thereof, or the District of Columbia, if natural persons who are nationals of the United States own, directly or indirectly, more than 50 per centum of the outstanding capital stock or other beneficial interest in such legal entity. I t does not include aliens. "(3) 'Treaty of peace', with respect to a country, means the treaty of peace with that country signed at Paris, France, February 10, 1947, which came into force between that country and the United States on September 15, 1947. '^(4) 'Memorandum of Understanding' means the Memorandum of Understanding between the United States and Italy regarding Italian assets in the United States and certain claims of nationals of the United States, signed at Washington, District of Columbia, August 14, 1947 (61 Stat. 3962).

�