CAP. 188]
of local
branches
of enemy firms.
Trading with the Enemy.
[8. 15 cont.] had at the commencement of the war any partner who at any time after the commencement of the war is or becomes an enemy within the meaning of this Ordinance, or if any enemy subject carries on business in the Colony, it shall be lawful for the Governor to impose such restrictions on the business of any such branch, firm or enemy subject as [13] he may think fit.
Certain
16. Nothing in this Ordinance shall be construed as to be limited. limiting any power by proclamation to prohibit any trans-
powers not
c. 12,
s. 14 (4).
Custodian
of enemy property.
5 & 6 Geo. 5, c. 12, s. 1.
2 of 1946, First Schedule.
action which is not prohibited by this Ordinance, or by licence to permit any transaction which is so prohibited. [14]
Property of enemies and enemy subjects.
17. (1) The Governor shall appoint a person to act as custodian of enemy property, in this Ordinance 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) All property, rights and powers whatsoever, in any manner vested in or conferred upon any holder of the office of Custodian, whether vested in or conferred upon such holder in his personal name or in the name of the said office, including the legal estate in all property and rights so vested, shall pass to, vest in and be exercisable by the holder of the said office for the time being, except in so far as any predecessor in the said office may have parted with or exhausted the said property, rights or powers and except that no property, right or power shall so vest if it has lawfully become vested in a person other than (a) a person to whom an enemy state or administration has granted power to administer or control such property, right or powers or (b) an enemy or enemy agent.
(3) The Custodian shall have such powers and duties with respect to the property aforesaid as may be prescribed by order of the Governor.
(4) 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
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