WHEREAS, the procedure for acquisition of estates or interests in land or real property in the Ryukyu Islands has been established by CA Ordinance No. 109, United States Civil Administration of the Ryukyu Islands, subject: "Land Acquisition Procedure," dated 3 April 1953, and
WHEREAS, detailed procedures for the payment of compensation to registered owners of real property concerned is required. It is therefore ordained as follows:
1. The Government of the Ryukyu Islands is designated as TRUSTEE for the purpose of receiving, holding, and paying to the registered owners of real property funds payable by the United States under said CA Ordinance No. 109.
2. Funds disbursed to the TRUSTEE shall be deposited by the TRUSTEE in the Bank of the Ryukyus in special accounts for payment to registered owners of property covered by each of said accounts. These accounts shall be entitled "GRI Trustee Rental Account No. ." Said accounts shall be numbered so as to correspond to the numbers assigned to Declaration of Taking filed in accordance with CA Ordinance No. 109.
3. The TRUSTEE shall make payment to registered owners of real property covered by each account in accordance with CA Ordinance No. 109 and schedule furnished the TRUSTEE concurrently with the funds for deposit. The TRUSTEE shall maintain adequate records of payments to include evidence of payment to each owner.
4. Funds deposited in special accounts by the TRUSTEE and not paid shall be kept on deposit for one year, at the end of which time they may be withdrawn by order of the United States. In no event shall funds remain in the special accounts for longer than two years.
5. Registration of real property required for use by the United States Forces will be accomplished without payment of registration fees by the landowners or by the United States, but the administrative expenses in connection with registration will be borne by the United States.
6. The effective date of this Ordinance is 10 April 1953.