Page:UN Treaty Series - vol 3.pdf/81

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1947
Nations Unies — Recueil des Traités
71

V. The provisions of paragraph III and IV hereinabove are applicable mutatis mutandis to the registered securities of residents of either of the two countries in the banks of the other country; notwithstanding which, the securities in question may be sold without previously having been released, provided the proceeds of their sale and any securities which may be acquired through the proceeds of their sale shall be blocked until their release is authorized under the conditions stipulated hereinabove.

The same provisions are applicable to the proceeds of the redemption of the securities referred to hereinabove.

VI. Paragraphs III, IV and V shall not come into force until procedure for applying them has been agreed between the Banque de France and the Nederlandsche Bank as agents of their respective Governments.



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