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Article 1 Overeenkomst betreffende onderling strijdige aanspraken op buiten Duitsland gelegen Duitse bezittingen

Property Owned by German Enemies

A For the purpose of this Article, „security” means any stock, bond, debenture, share or, in general, any similar property known as a „security”, in the country of issue.

B Where a security owned by a German enemy has been issued by a Party or by a governmental or private organisation or person within its territory but the certificate is in the territory of another Party, the certificate, whether in registered or in bearer form, shall be released to the former Party.

C A German enemy owner of a certificate issued by an administration office, voting trustee or similar organisation or person, and indicating a participation in one or more specifically named securities, shall be regarded as the owner of the amount of securities specifically indicated, and Paragraph B of this Article shall apply to these securities.

D A Party obliged under this Article to release a certificate shall not be required to release the income (in cash or otherwise; which has before July 1, 1947, been received in its territory by the releasing Party or by any person acting under its authority. Income received by such Party or person on or after July 1, 1947, shall be released to the Party entitled to the release of the certificate.

E A Party obliged under this Article to release a certificate shall not be required to release the proceeds of any liquidation by sale, redemption or otherwise, which were, on December 31, 1946, in the form of cash or of securities issued by that Party or by a governmental or private organisation or person within its territory, even if such cash was reinvested or such securities were sold or traded after that date. If the proceeds were, on December 31, 1946, in the form of securities issued by another Party or by a governmental or private organisation or person within its territory such securities (or the proceeds of their liquidation after that date) shall be released to the latter Party.

Regeling
Overeenkomst betreffende onderling strijdige aanspraken op buiten Duitsland gelegen Duitse bezittingen
Soort
Verdrag
Geldend vanaf
24-01-1951
BWB-id
BWBV0005692
Versie
1951-01-24_0

In de hele regeling · Officiële tekst op wetten.overheid.nl