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(ii) The shares in the total credit thus established to be distributed between the States entitled to participate in accordance with percentages to be laid down by the League. (iii) The shares thus established of such of these States as are members of the United Nations to be credited to them respectively in the books of the United Nations, the purpose to which the credits are to be applied to be decided by the General Assembly of the United Nations. The building occupied by the International Labour Organization at Geneva to be transferred to that Organization. (iv) The League to discharge all its obligations as soon as practicable, and to take steps to settle the questions of outstanding contributions. The liquid assets remaining thereafter to be credited or distributed to members of the League under a scheme to be determined by it. (v) As the United Nations desired that any ex-officials of the League subsequently engaged by the United Nations should enter their service under conditions of employment established by the latter Organization, and as the Organization did not desire to accept responsibility for the continued administration of the League's Staff Pensions Fund or with regard to pensions of the Judges of the Permanent Court, the League was to make the necessary arrangements in this regard. 30. The Assembly adopted this Common Plan and made the following arrangements in regard to the matters covered thereby : (a) It was agreed that participation in the assets of the League should be limited to States at present Members of the League. A proposal was made at one stage that in view of her contribution to the cause of freedom, the U.S.S.R. should be admitted to participation, but this proved to be impracticable on technical grounds. The Assembly, nevertheless, formally recorded its recognition of the contribution made by that country to the victory over Fascism. (b) The shares of Member States in the assets of the League, material and liquid, are to be based upon the proportion that the contributions paid by each Member State bears to the total contributions received by the League since its inception. (c) In the case of any State in arrears, the amount of the indebtedness is to be deducted from the claim of that State in respect of the assets, the amount concerned then being redistributed amongst the Members entitled to share according to the proportion;, laid down in the above-mentioned table.
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