No modification shall be introduced, liable to diminish the yield of the Customs, without the Reparation Commission approving the Customs Legislation and Regulations of Germany.
The whole of the receipts of the German Customs shall be credited to the account of the German Government, by a Receiver–General of the German Customs, nominated by the German Government with the assent of the Reparation Commission.
In the event of Germany failing to meet one of the payments laid down in the present scheme:
(1) The whole or part of the receipts of the German Customs shall be taken over from the Receiver–General of the German Customs by the Reparation Commission and applied by it to the obligations in which Germany has defaulted. In this event the Reparation Commissions shall, if it deems necessary, itself assume the administration and collection of the Customs receipts.
(2) The Reparation Commission shall be entitled, in addition, to require the German Government to impose such higher tariffs or to take such other measures to increase its resources as it may deem indispensable.
(3) If this injunction is without effect, the Commission shall be entitled to declare the German Government in default and to notify this state of affairs to the Governments of the Allied and Associated Powers who shall take such measures as they think justified.
| (Signed) | Henri Jaspar. |
| D. Lloyd George. | |
| Aristide Briand. | |
| C. Sforza. | |
| K. Ishii. |
Paris, January 29, 1921.
III. Claims Submitted to the Reparation Commission by the Various Allied Nations, as Published by the Commission,[115] February 23, 1921