The Chairman of
the Allied High Commission for Germany to the Chancellor of the Federal Republic of
Mr. Chancellor: I refer to the provisions of paragraphs 3 and 5 of Article 4 of the Finance Convention2 and to say that the three High Commissioners consider it desirable to state that their understanding of these provisions is as follows:
Amounts due under payment documents issued before the entry into force of the Finance Convention will not be charged to the amounts specified in paragraph 3 of Article 4 of the Convention unless at the date of its entry into force the goods or services covered by such payment documents have not actually been delivered or rendered.
In this connection the three High Commissioners wish to reaffirm the statement made in their letter of 10 May 1952 (AgSec (52) 4303) with regard to anticipatory payments made prior to 31 [Page 166]March 1952, which statement conforms to the principle of the understanding stated above.
I shall be glad if you will confirm this understanding.
I beg Your Excellency to accept [etc.]