Page:United States Statutes at Large Volume 45 Part 1.djvu/312

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SEVENTIETH CONGRESS . SESS . I. Cu. 167. 1928.

261 (3) To make each payment authorized by subsection (b) of sec-

ex- ceeding awards 2 (relating to awards of the Mixed Claims Commission), if the amount thereof is not payable under paragraph (2) of this sub- section and does not exceed $100,000, and to pay interest thereon as provided in subsection (c) of section 2 ;

If in excess of t hat (4) To pay the amount of $100,000 in respect of each payment amount, $100,000 . authorized by subsection (b) of section 2 (relating to awards of the Mixed Claims Commission), if the amount of such authorized payment is in excess of $100,000 and is not payable in full under paragraph (2) of this subsection . No person shall be paid under Limit to one person . this paragraph and paragraph (3) an amount in excess of $100,000 (exclusive of interest beginning January 1, 1928), irrespective of the number of awards made on behalf of such person ;

Additional payments (5) To make additional payments authorized by subsection (b) p on

to 80 e awards equal r cent of all pay- of section 2 (relating to awards of the Mixed Claims Commission), ments authorized . in such amounts as will make the aggregate payments (authorized by such sub secti on) u nder this para graph and para graph s (2), (3), and (4) of this subsection equal to 80 per centum of the aggregate amount of all payments authorized by subsection (b) of section 2 . Basis of. Payments under this paragraph shall be prorated on the basis of the amount of the respective payments authorized by subsection (b) Installments author- of section 2 and remaining unpaid . Pending the completion of the iz ed pending c omple- work of the Mixed Claims Commission, the Secretary of the Treas- t rop Commission of claims ~

Comissio . ury is authorized to pay such installments of the payments author- ized by this paragraph as he determines to be consistent with prompt payment under this paragraph to all persons on behalf of whom cl aims have been pres ented to the C ommis sion ;

Tentative awards of (6) To pay amounts determined by the Secretary of the Treasury Arbiter for German to be payable in respect of the tentative awards of the Arbiter, in ships, etc . accordance with the provisions of subsection (s) of section 3 (relat- ing to awards for ships, patents, and radio stations) ;

Pa yments to Ger- (7) To pay to German nationals such amounts as will make the mans equal to 60 per aggregate payments equal to 50 per centum of the amounts awarded cen trds8ggregat° under section 3 (on account of ships, patents, and radio stations) Payments authorized by this paragraph or paragraph (6) may, to Funds available . Post, p . 262 . the extent of funds available under the provisions of subsection (d) of this section, be made whether or not the payments under para- graphs (1) to (5), inclusive, of this subsection have been completed ; Accrued interest on (8) To pay accrued interest upon the participating certificates participating certifi- evidencing the amounts invested by the Alien Property Custodian cates. Posf, p . 2ss. under subsection (a) of section 25 of the Trading with the Enemy Act, as amended (relating to the investment of 20 per centum of German property temporarily withheld) ;

Accrued interest on (9) To pay the accrued interest payable under subsection (c) of unpaid awards . section 2 (in respect of awards of the Mixed Claims Commission) and subsection (h) of section 3 (in respect of awards to German nationals) ;

Re pay investm ents (10) To make such payments as are necessary (A) to repay the in participating car- amounts invested by the Alien Property Custodian under subsection tificates. (a) of section 25 of the Trading with the Enemy Act, as amended (relating to the investment of 20 per centum of German property temporarily withheld), (B) to pay amounts equal to the difference German rmanence cla ims and ), ()

and between the aggregate payments (in respect of claims of German prior payments thereof. nationals) authorized by subsections (g) and (h) of section 3 and Difference between the amounts previously paid in respect thereof, and (C) to pay total of Commission amounts equal to the difference between the aggregate payments awards and prior pay- (in respect of awards of the Mixed Claims Commission) authorize men ts thereof . d by subsections (b) and (c) of section 2, and the amounts previously paid in respect thereof . If funds available are not sufficient to make fu nds

if the total payments authorized by this parag raph, the amount of