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Nothing in the Title shall be construed as the assumption of any liability by the United States for the payment or satisfaction, in whole or in part, of any claim on behalf of any national of the United States against any foreign government.

Sec. 8.

( A )

There are hereby created in the Treasury of the United States ( 1 ) a special fund to be known as the Yugoslav Claims Fund ; ;

and ( 2 ) such other special funds as may, in the discretion of the Secretary of the Treasury, be required each to be a claims fund to be known by the name of the foreign government which has entered into a settlement agreement with the Government of the United States as described in subsection ( A ) of Section 4 of this Title.

There shall be covered into the Treasury to the credit of the proper special fund all funds hereinafter specified.

All payments authorized under Section 7 of this Title shall be disbursed from the proper fund, as the case may be, and all amounts covered into the Treasury to the credit of the aforesaid funds are hereby permanently appropriated for the making of the payments authorized by Section 7 of this Title.

( B )

The Secretary of the Treasury is authorized and directed to cover into -- ( 1 )

the Yugoslav Claims Fund the sum of $17,000,000 being the amount paid by the Government of the Federal People's Republic of Yugoslavia pursuant to the Yugoslav Claims Agreement of 1948 ; ;

( 2 )

a special fund created for that purpose pursuant to subsection ( A ) of this section any amounts hereafter paid, in United States dollars, by a foreign government which has entered into a claims settlement agreement with the Government of the United States as described in subsection ( A ) of Section 4 of this Title.

( C )

The Secretary of the Treasury is authorized and directed out of the sums covered into any of the funds pursuant to subsection ( B ) of this section, and after making the deduction provided for in Section 7 ( B ) of this Title -- ( 1 )

to make payments in full of the principal of awards of $1,000 or less, certified pursuant to Section 5 of this Title ; ;

( 2 )

to make payments of $1,000 on the principal of each award of more than $1,000 in principal amount, certified pursuant to Section 5 of this Title ; ;

( 3 )

to make additional payment of not to exceed 25 per centum of the unpaid principal of awards in the principal amount of more than $1,000 ; ;

( 4 )

after completing the payments prescribed by paragraphs ( 2 ) and ( 3 ) of this subsection, to make payments, from time to time in ratable proportions, on account of the unpaid principal of all awards in the principal amount of more than $1,000, according to the proportions which the unpaid principal of such awards bear to the total amount in the fund available for distribution at the time such payments are made ; ;

and ( 5 )

after payment has been made of the principal amounts of all such awards, to make pro rata payments on account of accrued interest on such awards as bear interest.

( D )

The Secretary of the Treasury, upon the concurrence of the Secretary of State, is authorized and directed, out of the sum covered into the Yugoslav Claims Fund pursuant to subsection ( B ) of this section, after completing the payments of such funds pursuant to subsection ( C ) of this Section, to make payment of the balance of any sum remaining in such fund to the Government of the Federal People's Republic of Yugoslavia to the extent required under Article 1 ( C ) of the Yugoslav Claims Agreement of 1948.