02/08/90
15:05
TREASURY SOLICI
Ian
STATUTORY INSTRUM
1990 No.
EXCHANGE CONTROL
g.
The Control of Gold, Securities, Payments and
Credits (Kuwait) Directions 1990
Mads
Coming into force
2nd August 1990
2nd August 1990
3rd August 1990
ne
Laid before Parliament
Whereas the Treasury are satisfied that action to the detriment of the economic
position of the United Kingdom is being or is likely to be taken by the government of or persons resident in Kuwait.
Now, therefore, the Treasury, in exercise of the powers conferred upon them by section 2 of the Emergency Laws (Re-enactments and Repeals) Act 1964(a) hereby give the following directions:-
1. These directions may be cited as the Control of Gold, Securities, Payments and
Credits (Kuwait) Directions 1990 and shall come into force on 2nd August 1990.
2.
Except with permission granted by or on behalf of the Treasury, no order given by or on behalf of the government of or any person resident in Kuwait at the time of the coming into force of these directions or at any later time while these
directions are in force, shall be carried out, insofar as the order
(i)
requires the person to whom the order is given to make any payment or to part with any gold or securities; or
(a) 1964 c.60; section 2 was amended by the Finance Act 1968 (c.44), section 61(10) and
Schedule 20, Part V.