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(b) by way of payment off of any securities which have become repayable on maturity or by being drawn for payment or otherwise, being such securities as aforesaid or securities issued by any company;

and in the case of such sums as aforesaid (other than sums in respect of the payment off of securities issued by a company) the duty of making payments to the custodian and of requiring payments to be made to him and of fur- nishing him with particulars shall rest with the person, firm or company throngh whom the payments in the Colony are made, and the said section shall apply accordingly, aud as if for references therein to the date of the passing of the said Ordinance there were substituted references to the date of the passing of this Ordinance.

(2.) Where the custodian is satisfied from returns made to him under section 5 of the Trading with the Enemy Second Amendment Ordinance, 1915, that any such seeu- rities as aforesaid (including securities issued by a company) are held by any person on behalf of an enemy, the custodian may give notice thereof to the person, firm or company by or through whom any dividends, interest or bonus in respect of the securities or any suns by way of payment off of the securities are payable, and upon the receipt of such notice any dividends, interest or bounts payable in respect of, and any sums by way of payment off of, the securities to which the notice relates shall be paid to the custodian in like manner as if the securities were held by

an enemy.

(3.) For the purpose of this section "securities" includes stock, shares, amuuities, bonds, debentures or debenture stock or other obligations.

(4.) It shall be lawful for the Governor to exempt any liquidator appointed under the provisions of the Alien Enemies (Winding up) Ordinance, 1914, or any other person, from the operation of this section, either in whole or part and either permanently or temporarily, and to withdraw in whole or part any exemption so granted.

6.-(1.) Sub-section (1) of section 5 of the Trading with Notification the Enemy Second Amendment Ordinance, 1915, which of bank

balances, requires returns to be made to the custodian of property deposits, or held or managed for or on behalf of enemies, shall apply to debts due to balances and deposits standing to the credit of enemies at enemies. any bank, and to debts to the amount of five hundred dollars 5 & 6 Geo. or upwards, which are due, or which, had a state of war 5. c. 79, s. 2: not existed, would have been due, to enemies, as if such Ordinance bank or debtor were a person who held property on behalf No. 22 of

1915. s. 5 (1). of an enemy, and as if for references to the passing of the said Ordinance there were substituted references to the passing of this Ordinance.

(2.) The duty of making returns under the said sub- section as so amended shall extend to companies as if the expression "person" included company, and if any company fails to comply with the provisions of that sub-section as so amended every director, manager, secretary, or officer of the company who is knowingly a part to the default shall, on summary conviction, be liable to a fine not excceding one hundred pounds, or to imprisonment with or without hard labour for a term not exceeding six months, or to both such a fine and imprisonment, and in addition to a further fine not exceeding fifty pounds for every day during which the default continues.

(3.) The custodian shall keep a register of all property returns whereof have been made to him under section 5 of the Trading with the Enemy Second Amendment Ördi- nance, 1915, as amended by this section, and such register may be inspected by any person who appears to the custodian to be interested as a creditor or otherwise.

(4.) It shall be lawful for the Governor to exempt any liquidator appointed under the provisions of the Alien Enemies (Winding up) Ordinance, 1914, or any other person, from the operation of this section, either in whole or part and either permanently or temporarily, and to with- draw in whole or part any exemption so granted.

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