1. At the written request of the Head of State on notice, or a designated delegate for this purpose in accordance with Section 10, a person must, if necessary, provide the Head of State or delegate with any information he or she has about surplus war documents, including the location and location of the material. The objectives of the Surplus Assets Act were not limited to the allocation of surplus assets; These include the restoration of an independent business, the strengthening of the competitive position of new and small entrepreneurs and family farmers, and the widespread use of public property. [3] OVERVIEW OF WHAT MBA IS WHAT MBA IS? The 1947 Military Agreement (MBA) is a joint agreement between the Philippines and the United States, signed on March 16, 1947. This treaty formally allowed the United States to establish, maintain and operate air and naval bases in the country. A buyer who lands under Section 5 releases the state and frees it from claims for unreasonable damages resulting from the importation, research, collection or disposal of surplus war materials. President Franklin D. Roosevelt`s economic adviser, Bernard Baruch, initially recommended that the United States get rid of the surpluses of war through an agency run by a single administrator (and supported by a political body) and a general legal authority. [4] By executive order,[5] Roosevelt founded the Surplus War Property Administration and appointed him civil servant and former Texas cotton broker William L. Clayton. [6] However, in the legislation, Congress rejected this approach and introduced a three-member board of directors with considerably limited authority. [7] President Roosevelt signed the law « with great restraint » because of the risk that « confused methods of disposition and sophisticated restrictions imposed by law » « clearly delay the tipping and re-employment rather than accelerate it. » [8] [7] The Board of Directors was also placed under the Office of War Mobilization and Reconversion. [9] (a) search, collect and withdraw, at a reasonable time and without undue damage, state property; and [1][2] »surplus of war »: any building, installation or structure, or materials containing buildings, fixtures or structure or aircraft, vehicles, machinery, equipment or cats, acquired or used by a government or by the armed forces of a government in or related to the continuation of the recent war and located in the country , including its inland and coastal waters and the underlying areas.
, and includes all objects of any kind, including gold and other precious metals – In any civil proceeding involving the state and in any criminal proceeding where the question arises whether or not a property is a surplus war material, as long as the contrary is proven, the property is considered for all purposes as a surplus of war. « buyer »: a person who has acquired a right, title or interest in or surplus war material from the state or administration of an ancient territory; The federal government may transfer excess real and personal ownership to authorized airport sponsors for airport purposes. These include military bases closed under the Base Realignment and Closure Act (BRAC). The Surplus Property Board (SPB) was short-term responsible for the elimination of $90 billion of surplus war assets held by the U.S. government in the final year of World War II. [1] Created by the Surplus Property Act of 1944[2], the Board of Directors exercised for less than nine months before being replaced by a thinner agency. b) in the event of a contractual delay, as determined by an arbitration procedure.