CAP. 346]
Trading with the Enemy.
[1964 Ed.
Collection of enemy debts and custody of enemy property. (7 & 3 Geo. 6 c. 89, s. 7.)
PROPERTY OF ENEMIES AND ENEMY SUBJECTS.
10. (1) With a view to preventing the payment of money to enemies and of preserving enemy property in contemplation of arrangements to be made at the conclusion of peace, the Governor may appoint a Custodian of Enemy Property.
(2) The person for the time being holding the office of Custodian of Enemy Property shall be a corporation sole under that name, and by that name shall have perpetual succession with capacity to acquire, whether as purchaser, mortgagee or otherwise, and hold in that name lands, Government securities, shares in any public company, debentures, stocks, funds, securities for money and real and personal property of every description, to sue and be sued, to grant, sell, convey, assign, surrender, exchange, partition, yield up, mortgage, demise, reconvey, reassign, transfer or otherwise deal with and dispose of any property of any nature whatsoever, to execute deeds, using an official seal, to enter into engagements binding on himself and his successors in office and to do all other acts necessary or expedient to be done in the execution of the duties of his office.
(3) The Governor may by order-
(a) require the payment to the Custodian of money which would, but for the existence of a state of war, be payable to or for the benefit of a person who is an enemy, or which would, but for the provisions of section 7 or 8, be payable to any other person;
(b) vest in the Custodian any enemy property;
(c) vest in the Custodian the right to transfer any enemy property which has not been, and is not required by the order to be, vested in the Custodian;
(d) confer and impose on the Custodian and on any other person such rights, powers, duties and liabilities as may be prescribed as respects-
(i) property which has been, or is required to be, vested in the Custodian by or under the order;
(ii) property of which the right of transfer has been, or is required to be, so vested;
(iii) any other enemy property which has not been, and is not required to be, so vested; or
(iv) money which has been, or is by the order required to be, paid to the Custodian;
(e) require the payment of such fees as may be prescribed in the order to the Custodian in respect of such matters as may be prescribed and regulate the collection of and accounting for such fees;
(f) require any person to furnish to the Custodian such returns, accounts and other information and to produce