61 STAT.] PERU-COOPERATIVE EDUCATION- Apr. 1 ,4 ,15 , 1944 Jan. 30, Apr. 30, 1945 3879 by mutual agreement the disposition of any unobligated funds re- maining to the credit of the S.C.P.N .E . upon the termination of this agreement. 10. The Director of the S.C .P .N .E . shall have the power to select, Powers of Director. appoint or discharge the employees of the S.C.P .N .E . and shall de- termine the salaries, transfers and conditions of employment within the S.C.P.N .E. with the approval of the Ministry of Public Education which will issue in each case the corresponding Supreme Resolution. 11. Contracts and agreements relating to the execution of projects previously agreed upon by the Minister of Public Education and the Representative in Peri of the Inter-American Educational Founda- tion, Inc. shall be executed in the name of the S.C.P.N .E. by the Director of the same. 12. The S.C .P .N .E . shall be considered as an integral part of the Privileges and public administration of Perd. As a consequence, its Director and its personnel shall enjoy the same privileges and rights which are held by Direcciones and other public divisions of the Government of Peru and by the personnel thereof. The Foundation shall enjoy the same rights, privileges and im- munities which correspond to public agencies of Peru with respect to such of its operations as are related to property destined for the realization of the cooperative educational program. Since the personnel of Foundation are obliged, as citizens of the United States, to pay income taxes in the United States upon their salaries, they shall not be required to pay Peruvian Income Taxes upon the same. 13. The expenditure, audit, and accounting of funds in the S.C .P .N .E. Expenditure, audit, and accounting of account, as well as the purchases and sales of personal property funds. for the account of the S.C.P.N .E., shall be regulated and controlled under such rules, regulations and procedures as shall be mutually agreed upon by the Minister of Public Education and the Represent- ative in Peru of the Inter-American Educational Foundation, Inc. The accounts of the S.C.P.N .E. shall be available for audit whenever it is considered necessary by the appropriate agency of the Govern- ment of Perd and by the Foundation or its delegate. 14. At the termination of this agreement, all property of the Property. S.C .P.N.E. shall remain the property of the Government of Perd. 15. All rights, powers, privileges or duties conferred by this agree- Delegationofrigh powers, etc. ment upon either the Minister of Public Education or the Represent- ative in Perd of the Inter-American Educational Foundation, Inc. may be delegated by the recipient thereof to representatives, provided that such representatives be satisfactory to the other. 16. This memorandum of agreement may be amended from time to time if deemed advisable by the parties hereto, and the amendments are to be in writing and signed by the representatives of the Govern- ment of Perd and the Foundation. 17. The Government of Perd shall take the necesary legal steps to effectuate the terms of this agreement.
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