Page:UN Treaty Series - vol 221.pdf/325

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1955
Nations Unies - Recuei des Traités
313

by the Fund, to consider and review the needs of the persons to be aided in Guatemala, to advise the Fund on the progress of approved plans of operations under the present Agreement, and of any problems which the Government may wish to submit to the Fund with regard to assistance for the benefit of the persons to be aided in Guatemala.

B. The Fund and the Government agree that, for the above purposes, the Fund may maintain an office in Guatemala through which its officers may be reached and through which it will conduct its principal business.

C. The Government shall facilitate employment by the Fund, as officers, clerical staff or otherwise, and of such residents and citizens of Guatemala as may be required to discharge the Fund's functions under the present Agreement.

D. The Government shall permit authorized officers of the Fund to have access to such records, books of account or other appropriate documents with respect to the distribution of supplies furnished by the Fund. The Government shall further permit authorized officers of the Fund entire freedom to observe the handling, distribution and use of such supplies and the maintenance of loaned capital goods at any time and at any place, and to examine the processes and techniques of distribution and make observations with respect thereto to the appropriate Government authorities.

E. If an office is established in the territory of the Government under Section B of this Article, the Government shall, in agreement with the Fund, make arrangements for, and meet the cost of, expenses incurred in the currency of Guatemala for the housing, subsistence, automobile transportation and travel of the officers to be provided by the Fund under this Article, for the establishing, equipping, and maintaining of the office, for clerical and other assistance, for postal, telegraphic and telephone communications and for other services necessary to carry out the activities provided for by this Article.

Article VII
Immunity from Taxation

A. The Fund, its assets, property, income, and its operations and transactions of whatsoever nature, shall be immune from all taxes, fees, tolls or duties imposed by the Government or by any political subdivisions thereof or by any other public authority in Guatemala. The Fund shall also be immune from the liability for the collection or payment of any tax, fee, toll or duty

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