430
THE HONGKONG GOVERNMENT GAZETTE, SEPTEMBER 10,
HONGKONG.
No. 22 of 1915.
15
An Ordinance to amend further the Trading with the Enemy Ordinance, 1914, and to effect certain purposes connected therewith.
I assent to this Ordinance.
L.S.
F. H. MAY, Governor.
Shorte and
[10th September, 1915.]
BE it enacted by the Governor of Hongkong, with the advice and consent of the Legislative Council thereof, as follows:
1. This Ordinance may be cited as the Trading with the Enemy Second Amendment Ordinance, 1915, and shall construction. be read and construed as one with the Trading with the Enemy Ordinance, 1914, bereinafter called the Principal Ordinance, and with the Trading with the Enemy Amend- ment Ordinance, 1915.
Repeal of Ordinance No. 18 of 1915.
Constitution of office of Custodian of enemy pro- perty :
Geo. 5. c. 12, s. 1 (1), (3), (4).
Payment of dividends,
&c., payable
to enemy: 5 Geo. 5, c. 30, s. 2.
2. The Certificates of Origin Amendment Ordinance, 1915 is repealed.
3.--(1.) The Governor shall appoint a person to act as Custodian of enemy property, hereinafter referred to as the Custodian for the purpose of receiving, holding, preserving, and dealing with such property as may be paid to or vested in him in pursuance of this Ordinance.
(2.) The Custodian shall have such powers and duties with respect to the property aforesaid as may be prescribed by regulations made by the Governor..
(3.) The Custodian may place on deposit with any bank, or invest in any securities, approved by the Governor, any moneys paid to him under this Ordinance or received by him from property vested in him under this Ordinance, and any interest or dividends received on account of such deposits or investments shall be dealt with in such manner as the Governor may direct:
4.-(1.) Any sum which, had a state of war not existed, would have been payable and paid to or for the benefit of an enemy, by way of dividends, interest or share of profits, shall be paid by the person, firm or company by whom it would have been payable to the Custodian to hold subject to the provisions of this Ordinance and any Order made or direction given thereunder, and the payment shall be accompanied by such particulars as the Governor may prescribe, or as the Custodian, if so authorised by the Governor, may require.
Any payment required to be made under this subsection to the Custodian shall be made-
(a.) within fourteen days after the passing of this Ordinance, if the sum, had a state of war not existed, would have been paid before the pass- ing of this Ordinance; and
(b.) in any other case within fourteen days after it
would have been paid.
1915.