Explanatory note

This Order provides—

(i) for the determination by the Foreign Compensation Commission of claims to participate in the compensation received by Her Majesty's Government from the Romanian Government under the Agreement between the two Governments of 12th January 1976 relating to the Settlement of certain Financial Matters (Cmnd. 6376); and

(ii) for the distribution of the aforesaid compensation by the Commission to persons who have established claims under the Order. Provision is made for established claims in respect of bonds and certain debts to benefit from an element of special weighting in recognition of contractual interest.