3
Gold
23. Permission is required for persons subject to the Order to do anything which involves parting with any gold coin or gold bullion wherever located or making any change in the persons to whose order any gold coin or gold bullion is to be held in compliance with a direction given by or on behalf of the government or residents of Iraq. Such permission will not normally be given.
Securities
24. The Order defines securities as including
(a)
(b)
(C)
(d)
(e)
(£)
(g)
th)
shares, stocks, bonds, notes, debentures, and debenture stock;
a deposit receipt in respect of the deposi: securities;
a negotiable receipt or other negotiable certificate or document evidencing the deposit of a sum of money;
a promissory note;
a unit or a sub-unit of a unit trust;
an annuity or a life insurance policy or other contract entered into with an assurance company for securing a payment in the future of any capital sums or of an annuity;
a warrant conferring an option to acquire d a security;
a share in an oil royalty.
25. Permission is required for persons subject to the Order
to do anything which involves parting with any securities or making any change in the persons to whose order any securities are to be held in compliance with a direction given by or on behalf of residents of Iraq.