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ENEMY PROPERTY.

') Tlie action of liquidation,' control, etc., taken in Allied countries and in Germany, in regard to enemy property and business under exceptional war _: measures, is confirmed, subject to comj ponsaiion in-respect of loss of proper- ., ; ty, etc., of Allied nationals, to be do-.' J , termined by a mixed'arbitral tribunal, [and. charged upon the property of Ger- \- man nationals, which is under control 'j of the. claimants' State. Any eompen;'sation due to her own nationals is to. (be paid by Germany. AH action of the" liquidation control, etc., in Germany is \'■ to be stayed, and Allied property, if '' not completely liquidated, is to be res- ! tored. The nationals of countries which did not make any general liqui- , dation of German property, may re- ' quire restoration, if possible, of their actual property by the German Gov- . ernment in whosoever hands it may ' now be. Stipulations are included for \ the protection of returned property j and businesses in Germany in future, i The Allies reserve the right to retain and liquidate all German property : within their territory. The nett pro- ! ceeds of the sales of such property, {both during and after the war, are to be credited to Germany, and applied by each State to the satisfaction of the claims by its nationals, ■ with regard to their property in Germany, or debts', ' owing them by j

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Permanent link to this item

http://paperspast.natlib.govt.nz/newspapers/AG19190510.2.26.9

Bibliographic details

ENEMY PROPERTY., Ashburton Guardian, Volume XXXIX, Issue 9606, 10 May 1919

Word Count
225

ENEMY PROPERTY. Ashburton Guardian, Volume XXXIX, Issue 9606, 10 May 1919

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