Page:United States Statutes at Large Volume 55 Part 2.djvu/238

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55 STAT.] DOMINICAN REPUBLIC-CUSTOMS REVENUES-SEPT. 24, 1940 payments stipulated in the third numbered paragraph of Article III of the present Convention, con- stitute an irrevocable first lien upon all of its revenues of what- soever nature. ARTICLE V estipulados en el tercer ordinal del articulo III del presente Acuerdo, constituyen una afectaci6n irre- vocable en primer rango de todas las rentas de cualquier naturaleza del Gobierno Domini- cano. ARTfCULO V In case the total collections from all the revenues of whatsoever nature of the Dominican Govern- ment should in any calendar year exceed twelve million five hundred thousand dollars ($12,500,000) there shall be applied to the sink- ing fund for the redemption of bonds of the external debt of 1922 and 1926 which may be outstand- ing, ten percent (10%) of the ex- cess above twelve million five hundred thousand dollars ($12,- 500,000) but less than thirteen million five hundred thousand dol- lars ($13,500,000), and in addition five percent (5%) of all sums ex- ceeding thirteen million five hun- dred thousand dollars ($13,500,- 000). ARTICLE VI The representative of the hold- ers of the bonds of the external debt of 1922 and 1926 shall have complete access to all records and books of the Depository Bank relating to the public revenues. The Secretary of State for Treasury and Commerce of the Dominican Government shall sup- ply monthly to the representative of the holders of the bonds of the loans of 1922 and 1926 complete and detailed reports, duly certified, of all the revenues and disburse- ments and other fiscal operations of the Dominican Government. En el caso de que la recaudaci6n total de todas las rentas de cual- quier naturaleza del Gobierno Dominicano excediere en cualquier afno de $12.500.000 se aplicara al fondo de amortizaci6n para la redenci6n de los bonos de la deuda externa de 1922 y 1926 que esten pendientes, un diez (10) por ciento del excedente sobre $12.500.000 hasta la suma de $13.500.000, y ademAs, un cinco por ciento (5) de todas las sumas que excedan de $13.500.000. ARTfCULO VI El representante de los tene- dores de bonos de la deuda externa de 1922 y 1926 tendra acceso completo a todos los records y libros del Banco depositario que tengan relaci6n con las rentas publicas. El Secretario de Estado del Tesoro y Comercio del Gobierno Dominicano suministrara men- sualmente al representante de los tenedores de bonos de los em- prestitos de 1922 y 1926, com- pletos y detallados informes, de- bidamente certificados, de todas las entradas y desembolsos, asi como de las otras operaciones fiscales, del Gobierno Dominicano. 278941°-42-rT. II-15 Application to sink- ing fund for redemp- tion of bonds. Acoms to reords Reports. 1109