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5. Article 4 (iv) should read as follows: "The administration and control of the British Concussion (including the whole British Municipal Area) at Tientsin' and the British Concessi n at Canton including their official assets and official obligations shall be trans- ferred to the Government of the Republic of China, it being mutually understood that the Government of the Republic of China in taking over administration and control of these concessions will make provision for the assumption and discharge of the official obligations and liabilities of these concessions and for the recognition and protection of all legitimate rights therein". Last sentence of original draft is deleted.
6. Article 5 should read as follows: '(i). In order to obviate any questions as to existing rights in respect of or as to existing titles to real property in the territory of the Kepublic of China possessed by nationals and companies of His Majesty The King, or by His Majesty's Government in the United Kingdom, and in particular questions which might arise from the abrogation of the provisions of treaties and agreements provided for in Article 2 of the present Treaty, the High Contracting Parties agree that such existing rights or titles shall, be indefeasible and shall not be questioned upon any ground except upon proof, established through due process of law, that such rights have been acquired by fraud or as a result of confiscatory action during the Japanese occupation, in which case the property shall be restored on such terms as justice shall require to its previous owners.
"(ii). The High Contracting Parties also agree that if it should be the desire of the Government of the Republic of China to replace by new deeds of ownership existing leases in perpetuity or other documentary evidence relating to real property held by nationals or companies of His Majesty The King or by His Majesty's Government in the United Kingdom, the replacement shall be made by the Chinese authorities without charges of any sort and the new deeds of ownership shall fully protect the holders of such leases or other documentary evidence, and their legal heirs and assigns without diminution of their prior rights and interests, including the right of alienation.
"(iii). The High Contracting Farties agree further that nationals or companies of His Majesty The King or His Majesty's Government in the United Kingdom shall not be required or acked by the Chinese authorities to make any payments of fees in connexion with land transfers for or with relation to any period prior to the effective date of this Treaty".
7. In Article 6 substitute the following for the two last sentences:- "Each High Contracting Party will endeavour to accord in his territories to nationals and companies of the other High Contracting Parties in regard to all legal proceedings und in matters relating to the administration of justice, the levying of taxes and requirements in connexion therewith, and the carrying on of commerce treatment not less favourable than that accorded to his own nationals and companies".
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