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Agreement on Trade and Payments - WorldLII

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ARTICLE 26<br />

A revaluati<strong>on</strong> guarantee in terms to be agreed between the Bank of Engl<strong>and</strong><br />

<strong>and</strong> the Central Bank of the Argentine Republic shall apply to the balances<br />

st<strong>and</strong>ing to the credit of the " C " Accounts of the Central Bank of the<br />

Argentine Republic <strong>and</strong> to the net forward positi<strong>on</strong> in sterling of the Central<br />

Bank of the Argentine Republic.. This guarantee shall take effect <strong>on</strong> the<br />

date of the signature of the present' <str<strong>on</strong>g>Agreement</str<strong>on</strong>g> <strong>and</strong> shall apply to such<br />

balances <strong>on</strong> the " C " Accounts existing <strong>on</strong> that date <strong>and</strong> held from time to time<br />

in the ensuing twelve m<strong>on</strong>ths plus or minus the relative net forward positi<strong>on</strong>.<br />

The guarantee shall cover any balances <strong>on</strong> such accounts outst<strong>and</strong>ing at the<br />

end of the twelve m<strong>on</strong>ths plus or minus the relative outst<strong>and</strong>ing net forward<br />

positi<strong>on</strong> until such balances have been utilised.<br />

ARTICLE 27<br />

The Central Bank of the Argentine Republic <strong>and</strong> the Bank of Engl<strong>and</strong><br />

acting as agents of their respective Governments will maintain c<strong>on</strong>tact for<br />

the soluti<strong>on</strong> by comm<strong>on</strong> agreement of all technical questi<strong>on</strong>s arising out of<br />

the present <str<strong>on</strong>g>Agreement</str<strong>on</strong>g>.<br />

In faith whereof, the Plenipotentiaries appointed to this effect, duly<br />

authorised, sign two copies, of the same tenour in the English <strong>and</strong> Spanish<br />

languages, equally valid, in the City of Buenos Aires, <strong>on</strong> the twenty-seventh<br />

day of the m<strong>on</strong>th of June of the year <strong>on</strong>e thous<strong>and</strong> nine hundred <strong>and</strong> fortynine.<br />

For the Government of Great For the Government of the<br />

Britain <strong>and</strong> Northern Irel<strong>and</strong> : Argentine:<br />

JOHN BALFOUR. J. ATILIO BRAMUGLIA.<br />

ROBERTO A. ARES.<br />

RAMON A. CEREIJO.<br />

ALFREDO GOMEZ MORALES.<br />

JOSE C. BARRO.

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