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Provided that this subsection shall not apply where the transferee, or some subsequent holder of the instrument proves that the transfer, or some subsequent transfer, of the instrument was made before the eighth day of May, 1915, in good faith and for valuable consideration.
(3.) Nothing in this section shall be construed as vali- dating any assignment, delivery or transfer which would be invalid apart from this section or as applying to securi- ties within the meaning of section 4 of this Ordinance.
of shares in
4.-(1.) No transfer made after the passing of this Ordi- Invalidity nance by or on behalf of an enemy of any securities shall of transfers confer on the transferee any rights or remedies in respect company, thereof, and no company or other body by whom the &c. securities were issued or are managed shall, except as bere- & Geo. 5. c. iuafter appears, take any cognizance of or otherwise act 12, s. 8. upon any notice of such a transfer:
(2.) No entry shall hereafter, during the continuance of the present war, be made in any register or branch register or other book kept in the Colony, or under the Companies Ordinances, 1911 and 1913, of any transfer of any securi- ties therein registered, inscribed or standing in the name of an enemy, except by leave of the Governor.
(3.) No share warrants payable to bearer shall be issued during the continuance of the present war in respect of any shares or stock registered in the name of any enemy.
(4.) If any company or any body contravenes the provi- sions of this section the company or body shall be liable on summary conviction to a fine not exceeding one thousand dollars, and every director, manager, secretary or other officer of the company or body who is knowingly a party to the default, shall be liable on the like conviction to a like fine or to imprisonment, with or without hard labour, for a term not exceeding six months.
"
(5.) For the purposes of this section the expression 'securities" means any annuities, stock, shares, debentures or debenture stock issued by or on behalf of the Government or by any other authority, or by any company or by any other body, which are registered or inscribed in any register, branch register, or other book kept in the Colony, or under the Companies Ordinances, 1911 and 1913.
provisions as to trading
5.-(1.) Section 2 of the Principal Ordinance shall Additional apply to a person who during the present war attempts, or directly or indirectly offers or proposes or agrees, or has since the fourth day of August, 1914, attempted or directly or indirectly offered or proposed or agreed, to trade with the enemy within the meaning of that Ordinance in like manner as it applies to a person who so trades or has so traded.
(2.) If any person without lawful authority in anywise aids or abets any other person, whether or not such other person is in the Colony, to enter into, negotiate, or com- plete any transaction or do any act which, if effected or done in the Colony by such other person, would constitute an offence of trading with the enemy within the meaning of the Principal Ordinance, he shall be deemed to be guilty of such an offence.
(3.) If any person without lawful authority deals, or attempts, or offers, proposes or agrees, whether directly or indirectly, to deal with any money or security for money or other property which is in his hands or over which he has any claim or control for the purpose of enabling au enemy to obtain money or credit thereon or thereby he shall be deemed to be guilty of the offence of trading with the enemy within the meaning of the Principal Ordinance.
6. Where a person has given any information to a person appointed to inspect the books and documents of a person, under section 3 of the Principal Ordinance, the informa- tion so given may be used in evidence against him in any proceedings relating to the offence of trading with the euémy within the meaning of the Principal Ordinance, not- withstanding that he gave the information only on being required so to do by the inspector in pursuance of his powers under the said section.
with the enemy. 5 Geo. 5, c. 12, s. 10.
Power to use
information in evidence formant against in-
5 Geo. 5, c. 12, s. 13.