940
THE HONG KONG GOVERNMENT GAZETTE, SEPTEMBER 8, 1939.
Restriction
on export of Currenty,
gold and securities.
etc.
2.—(1) Subject to any exemptions which may be granted by order of the Governor, no person shall, except with permission granted by or on behalf of the Governor-
(a) take or send out of the Colony any bank notes, postal orders, gold, securities or foreign currency, or transfer any securities from the Colony elsewhere, or
(b) draw or negotiate any bill of exchange or promissory note, transfer any security or acknowledge any debt, so that a right (whether actual or contingent) to receive a payment in the Colony is created or transferred as consideration-
(i) for receiving a payment, or acquiring property, out- side the Colony, or
(ii) for a right (whether actual or contingent) to receive a payment, or acquire property, outside the Colony,
(2) The preceding paragraph shall not restrict the doing of anything, within the scope of his authority, by a person authorized by or on behalf of the Governor to deal in foreign exchange, and shall not restrict the doing of anything which is certified by or on behalf of the Governor to be necessary for the purpose-
(a) of meeting the reasonable requirements of a trade or business carried on in the Colony, or
(b) of performing a contract made before the third day of September nineteen hundred and thirty-nine, or
(e) of defraying reasonable travelling or other personal expenses.
(83) Any person who on any occasion is about to leave the Colony (which person is hereafter in this paragraph referred to as "the traveller ") shall, if requested so to do by the appropriate officer-
(a) declare whether or not he has with him any bank notes, postal orders, gold, securities or foreign currency;
(b) produce any bank notes, postal orders, gold, securities or foreign currency which he has with him;
and the appropriate officer and any person acting under his directions may search the traveller and examine or search any article which the traveller has with him, for the purpose of ascertaining whether he has with him any bank notes, postal orders, gold, securities or foreign currency, and may seize any bank notes, postal orders, gold, securities or foreign currency produced or found upon such examination or search
unless either--
(i) the appropriate officer is satisfied that the traveller is, in respect of any bank notes, postal orders, gold, securities or foreign currency which he has with him on the said occasion, exempt from the restriction imposed by paragraph (1) of this Regulation; or
(ii) the traveller produces to the appropriate officer such a certificate granted by or on behalf of the Governor as shows that the exportation by the traveller of any bank notes, postal orders, gold, securities or foreign currency which he has with him on the said occasion does not involve a contravention of that paragraph:
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