Page:United States Statutes at Large Volume 62 Part 3.djvu/826

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INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [62 STAT. Continuation-of ex- isting laws. Rights and privi- leges of U. N . nation- als and firms. Time limit for trans- fer of control. ARTICL XI The overnment of the Republic of Korea agrees to continue in full force and effect all existing laws, ordinances, public acts, and regulations of the United States Army Military Government in Korea and/or of the South Korean Interim Government until repealed or amended by the Government of the Republic of Korea. ARTICLE XII Pending negotiation of mutually satisfactory treaties of amity and com- merce, it is agreed by the contracting parties that the rights and privileges now enjoyed by United Nations nationals and firms engaged in lawful pursuits in Korea shall be respected and affirmed. ARTICLE XIII Administrative control over the ac- counts, properties, and operating facili- ties transferred to the Government of the Republic of Korea under the terms of this Agreement shall be turned over in a progressive and orderly manner to the authorized officials of the Oovern- ment of the Republic of Korea within 30 days from the effective date of this Agreement, or as rapidly as the Govern- ment of the Republic of Korea is pre- pared to aseume such operations and <f - i-

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