.
From page 4
s
‘
otherwise invested as the Kongelap Distribution Authority may
AL] monetary avards made by the Claims Tribunal pur-
.
.
Enewecak,
Rongelap
and Utrik Trusts
The understandings reached shall, in conaulcation with
distribution authority shall, es eet forth in this Agre
:
Each distribution auchority shall, for purposes of
A.
BERBokal aes Sacdl
.
Continuedpage 6
notification co the public and sll interested parties regardin
ice determinactton and actions, depoett with che Claims Tribuna
an accounting of its annual disbursements, within 120 days afcev
Such accouncing
the end of each Marehell Ielends fiscal yeer.
{c)
(b) A diatribucion authority may aeaign its right to
receive sume provided under this Agreement, provided that the
assignment fe consistent with this Agreement end provided chat
the distribution authority indeanifies and holds haraless the
Fund Manager, the Government of the Marshall tsilands end the
Government of che United States for any claims arising from che
assignmenc.
Islands, and chis Agreement.
Marshall Islands, the Conscitucion of the Republic of che Mareheli
(a) Distribution, investmenc and ocher expenditure of
Annual Proceeds by a distribution authority shail be made in
accordance with customary law and traditional practice of che
Section } - Disbursements and Recordacion
The Claims Tribunal may, from cime to time, establish
eppropriete and
additjonsl distribucion auchorities ae ic d
Necessary Co carfy ouc the intent of chia Agreement,
Section 2 - Additional Distribution Authorities
mene. receive and distribute, invest, or otherwise expend Annuel
roceeds.
.
Each
The local government council for Bikini/Kili, Enewetak/Ujelang,
Rongelag and Ucrik shall be the discribution authority for the
people of Bikini, Enewetak, Rongelap and Ucrik, respectively.
Section 1 - Designated Distribution Authorities
Distribution Auchorit
Article IIT
the Government of the United Scates, be appended to chis Agreemenc as Agreed Minutes.
The establishment of each crust in
accordance with che applicable Agreed Minute is a condition to
disbursement of Annual Proceeda by the Fund Manager to the
respective distribution authorities.
Islands.
porcion of the Annual Proceeds chey shall receive under chis
Each cruat shall be designed to provide a perpetual
Agreement.
source of income for its respective recipients, and shall be
developed in consalcacion with the Government of the Marshall
provide for che establishment of a trust funded with all or a
Enewetak, Rongelap and Urrik shall each for their own benefit
consequences of the Nuclear Testing Program, the people of Bikini,
Section 8 - Bikini,
.
Guam Ottice
Agana, Guam 96910
Se
Honatwin Hawa 96817
Phone. (808; 501-5011
Telex - 7230306
7O3 N Nureita Hwy
Hawsuaen Nour Muls. ing
and the Pacilic.
Seming Hawau., Asia
s Flour and Mixes
ws Bakery Supply
a Food Service
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ALL PU»
Protect Your Heart
Page 5
CONTROL HIGH BLOOD
PRESSURE
Volume 14, Number 56
(4) Any Annual Proceeds which are not required for che
and subsection
disbureemenca set forth in Sections | chrough
7(b) and 2(c) of this Arcicle shall either be made a parce of the
Fund or be used by the Governmenc of the Marshall Islands for
other programs and services for the people of the Marshall
Islands as cheir unique needs and circumstances resulting from
the Nuclear Testing Program may require, including continuation
of che technical assistance referred cto in Section 1 of this
Article, the operation of the Claims Tribunal, che survey and
analysis of che radiological scacus of che Marshall Islands, and
distributions to local government councils so chat they may
establish and maintain programs and services for their people as
their unique needs and circdmstances resulcing from the Nuclear
Tescing Program may require.
MARSHALL ISLANDS JOURNAL
MID-TOWN MINI
(c) Coamencing on the fifteenth anniversary of che effec- ‘
tive date of chie Agreement, not less than 75 percent of Annual
available for disbursement in whole or partial
Proceeda shall be
.
payment of wonecery awards sade by che Claims Tribunal.
hall be made available for disbursement in psyment of monetary
awards made by the Claims Tribunal in subsequent years.
If,'in any year, the annusl amount. made av. ilable
paid in full.
pursuant cto subsection 6(c) of this Article is not exhausted, the
amount noc required for thet year shall remain in the Fund and
pro-rata besie from available funds until ali such swards are
suanc to Article IV of cHis Agreement shall ba paid on an annual
(bd)
snnual basis to supplement Annusl Proceeds in the amount of the
7
difference.
In che event thac Annual Proceeds are not suffi:ient co
(a)
maet the disbursement schedules set forth in Sections 1 t wough 6
of this Article, disbursemants shall be made from the Funi on an
Section 7? - Ocher Disbursements
eee
the 12-year period commencing on the chird anniversary of che
effective date of this Agreement.
awards made by the Claims Tribunal pursuant co Article IV of this
Agreement, to be disbursed in snnual amounts of up to §2.:5
aillion for the 3-year period commencing on the effective date of
this Agreement, and in annual amounts of upto $3.25 millon for
(c)
$45.75 million co be made available co che Claims
Tribunal as nece ary for whole or partis] payment of mon:tary
Agreement.
(b)
$500,000 annually to che Claime Tribunal during che
tere of its exiacence for its operation, to be disbursed on
quarterly amounts of $125,000 commencing one calendar qua-ter
afcer the first anniversary of the effective dete of this
disbursed prior to the first anniversary of the effective dete of
this Agreement.
(a) $500,000 to the Government of the Marshall lelaids co
provide for the establishment, of che Claims Tribunsl, to
Section 6 - Claims Adjudication Funds
$22.5 million to the Urrik Dieteibution Authority referred
Co in Acticle Lil of chia Agreement, in payment of claims arising
ouc of the Nuclear Testing Program for loss or damage to property
and person of the people of Ucrik, co be disbursed in quarterly
amounta of $375,000 for the 15-year period commencing one celendsr
quarter after the effeccive date of this Agreement, and which
shall be distributed, placed in crust oc otherwise invested as
the Ucrik Distribution Authority may determine consistent with
this Agreement.
Section $ - People of Ucrik
detemine conatstent with this Agreemenc.
.
Friday, July 15, 1983
337.5 million co the Rongelap Discribucion Authority
cclerred to in Arcicle 111 of this Agreement, in payment of
cloims arising vut of che Nuclear Testing Program for loss or
dame Co property and person of the people of Rongelap. co be
disbursed in quarterly amounts of $625,000 for the 15-year period
Coumencing one culendac quarter after the effective date of this
Agreement, and which shall be distributed, placed {n trust or
Section 4 - People of Rongela
: