62 STAT.] UNITED KINGDOM-MUTUAL AID SETTLEMENT-JULY 12, 1948 (b) Payments due to the Government of the United Kingdom from the Government of the United States (i) Reciprocal aid pipeline articles and serv- ices (ii) Balance owing under the Agreement Re- lating to Tort Claims (Agreement IX of March 27, 1946) (iii) Net sum owing under the Agreement on Settlement of Intergovernmental Claims (Agreement II of March 27, 1946) $ 93,418,220 1,250, 000 53,020, 000 TOTAL $147, 688, 220 (c) Balance due to the Government of the United States $ 90,446,911 2. Terms of Payment In accordance with the provisions of the Joint Statement of Decem- ber 6, 1945 and the Agreement on Lend-Lease and Reciprocal Aid Pipelines and Offsetting Arrangement (Agreement I) of March 27, 1946, the amount set forth in the first sentence of numbered para- graph 1 above will be paid on the same terms as those specified in the Financial Agreement of December 6, 1945 for the discharge of the credit provided therein. 3. Military Holdings The Agreement Relating to Military Holdings (Agreement IV) of March 27, 1946 set forth certain mutual obligations of the two Governments in respect to lend-lease and reciprocal aid articles held by the Armed Forces of the United Kingdom and the United States respectively. The provisions of that Agreement remain in effect ex- cept for the following specific modifications set forth in subpara- graphs (a), (b) and (c) below, which have been agreed in considera- tion of the other provisions of this Agreement. (a) The Government of the United States relinquishes its right to the proceeds of any retransfers of lend-lease articles to third governments for military use (under paragraph 6 of Agreement IV) to which it has not yet given consent but may give con- sent after the date of this Agreement. The terms of settlement for such articles shall be at the full discretion of the Govern- ment of the United Kingdom. (b) The Government of the United States relinquishes its rights, in respect to lend-lease articles which have been or are to be disposed of for civilian use outside the United Kingdom and British Colonial Dependencies (under paragraph 7 of Agree- ment IV), (i) to be offered the return of such articles, 60 Stat. 1563. 60 Stat. 1534. 60 Stat. 1664 . 60 Stat. 1527. 60 Stat. 1539. U. S. relinquish- mont of designated rights. 60 Stat. 1540 . 60 Stat. 1540 2035
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