133 293. To comply with the instant Judgment, the State must pay the compensations and the reimbursement of legal costs and expenses within one year of notification of the instant Judgment. 294. Payment of the compensation ordered in favor of the victims or of their next of kin, as appropriate, will be made directly to them. If one of them should die, the payment will be made to his or her heirs. 295. The payments for reimbursement of legal costs and expenses incurred in steps taken by the representatives of the next of kin of the victim under domestic jurisdiction and in the international proceeding before the Inter-American System for the Protection of Human Rights will be made to said representatives (supra paras. 291 and 292). 296. If for any reason it were not possible for the beneficiaries to receive the respective payments within a year, the State must deposit the respective amounts in favor of said beneficiaries in an account or certificate of deposit, at a sound financial institution, in United States dollars or their equivalent in quetzales, under the most favorable financial conditions allowed by banking practice and legislation. If after ten years the payment has not been claimed, the amount will be given to a Guatemalan charity institution. 297. The State can fulfill its pecuniary obligations by means of a payment in United States dollars or in an equivalent amount of quetzales, using for the respective calculation the exchange rate between both currencies at the New York exchange the day before the payment. 298. Payment of the amount for pecuniary and non-pecuniary damage as well as for legal costs and expenses set forth in the instant Judgment cannot be subject to currently existing taxes or levies or any that may be decreed in the future. 299. If the State were to be in arrears, it must pay interest on the amount owed, which will be the banking interest rate for arrearages in Guatemala. 300. In accordance with its usual practice, the Court reserves the right, inherent to its authority, to monitor comprehensive compliance with the instant Judgment. The proceeding will be closed once the State has fully applied the provisions of the instant ruling. Within one year of when this Judgment is notified, the State must submit to the Court a first report on the measures adopted to comply with this Judgment. XVII OPERATIVE PARAGRAPHS 301. Now therefore, THE COURT, taking note of the acquiescence of the State, in which it unconditionally acknowledged its international responsibility regarding the case, and having assessed the body of evidence, as set forth in paragraphs 111 to 116 of the instant Judgment,