GM7229 4
5.
presented by the bank referred to in sub-paragraph (2)
above to the Government of Japan under an authorization
to pay issued by the Government of Papua New Guinea
or its designated authority.
The Government of Papua New Guinea will take necessary
measures:
(a)
to ensure prompt unloading and customs clearance
at ports of disembarkation in Papua New Guinea
and internal transportation therein of the
Equipment;
(b) to exempt Japanese nationals or Japanese juridical
(c)
(d)
persons controlled by Japanese nationals from
customs duties, internal taxes and other fiscal
•
levies which may be imposed in Papúa New Guinea
with respect to the supply of the Equipment and
services under the Grant;
to ensure proper and effective maintenance and
use of the Equipment; and
to bear all the expenses, other than those covered
by the Grant, necessary for the implementation of
the Grant.
I have further the honour to propose that the present
Note and Your Excellency's Note in reply confirming on behalf of the Government of Papua New Guinea the foregoing
arrangements shall be regarded as constituting an agreement
£0'd
928 ON
between
62101 S1-60-98