Artikel 7

The Federal Republic of Germany will authorise payment of obligations outstanding at the date of the entry into force of the present Agreement, and authorise transfer within a reasonable time in respect of such obligations where appropriate in the light of the relevant provisions of the present Agreement and the Annexes thereto, provided that such obligations
(a) are non-contractual pecuniary obligations which originated before 8th May, 1945, and the amount of which was not fixed and due before that date, or
(b) are pecuniary obligations which arose out of contracts other than loan or credit contracts and which originated before 8th May, 1945, and became due on or after that day,
and provided that such obligations fulfil the conditions laid down in paragraphs (2) and (3) of Article 4.