60 STAT.] AUSTRALIA-MUTUAL AID SETTLEMENT-JUNE 7, 1946 Agreement between the United States of America and Australia respect- ing a mutual aid settlement. Signed at Washington and at New York June 7, 1946; effective June 7, 1946. AGREEMENT BETWEEN THE GOVERNMENT OF THE UNITED STATES OF AMERICA AND THE GOVERNMENT OF THE COM- MONWEALTH OF AUSTRALIA ON SETTLEMENT FOR LEND- LEASE, RECIPROCAL AID, SURPLUS WAR PROPERTY, AND CLAIMS The Government of the United States of America and the Govern- ment of the Commonwealth of Australia (hereinafter referred to as the Commonwealth of Australia) have reached agreement as set forth below regarding settlement for lend-lease, reciprocal aid, and surplus war property located in Australia and for the financial claims of each Government against the other arising as a result of World War II. This settlement is complete and final. Both Governments, in arriving at this settlement, have taken full cognizance of the bene- fits already received by them in the defeat of their common enemies, and of the aid furnished by each Government to the other in the course of the war. No further benefits will be sought as considera- tion for lend-lease, reciprocal aid and surplus war property, or for the settlement of claims or other obligations arising out of the war, except as herein specifically provided. 1. (a) The term "lend-lease article" as used in this Agreement means any article transferred by the Government of the United States under the Act of March 11, 1941 (i) to the Commonwealth of Australia, or (ii) to any other government and retransferred to the Com- monwealth of Australia. (b) The term "reciprocal aid article" as used in this Agreement means any article transferred by the Commonwealth of Australia to the Government of the United States under reciprocal aid. 2. In recognition of the mutual wartime benefits received by the two Governments from the interchange of lend-lease and reciprocal aid, neither Government will make any payment to the other for lend-lease and reciprocal aid articles and services used in the achieve- ment of the common victory. 3. The Commonwealth of Australia, in discharge of its pre-existing commitment to compensate the Government of the United States for the postwar value of machine tools transferred during the war to the Commonwealth of Australia by the Government of the United States under lend-lease, and in consideration of the postwar value of other June 7, 194 [T. I. A. 8 .1628] "Lend-lease ar- ticle." M Stat. 31. 22 U. 8. C., Supp V,§i 411-419. "Reciprocal aid ar- ticle." 1707
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