(3) The Nederlandsche Bank shall keep an account in Netherlands florins of the transactions rceerred to in paragraph 1 of the present Article, and the Danmarks Nationalbank shall keep an account in Danish crowns of the transactions referred to in paragraph 2 of the same Article.
The balance of these accounts shall be cleared at the official rate of exchange on the last day of each month or at any other time if either Party so desires.
(4) If the balance resulting from the clearance of the two accounts exceeds 10 million Netherlands florins or the corresponding amount in Danish crowns, the portion of the balance exceeding such a sum shall bear interest, pro rata temporis, at the charge of the debtor country.
Such interest, calculated at the official discount rate charged by the bank of issue of the debtor country for acceptance of bankers' drafts, shall be applied on the last day of each quarter.
(5) If at any given time the balance mentioned in paragraph 4 of the present Article exceeds 20 million Netherlands florins or a corresponding amount in Danish crowns, the two Governments shall hold consultations with a view to restoring the balance.
Article IV
The Nederlandsche Bank shall make available to the Danmarks Nationalbank against Netherlands florins such local currency as may be required for effecting all current payments in the Netherlands overseas territories where such local currency is legal tender.
Article V
The debtor country shall always have the right to effect reimbursements either in the currency of the creditor country, at the official rate of exchange, or in foreign currency acceptable to the creditor country, or in gold at a price agreed upon between the Danmarks Nationalbank and the Nederlandsche Bank.
Article VI
If the official rate of exchange is varied in pursuance of Article II (2) above, the accounts shall be cleared on the day of that modification at the rate of exchange previously in force.
If the balance is expressed in that currency the value of which has diminished in relation to the other currency, the balance shall be readjusted by the debtor country to the extent of such decrease.
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