99
FRAI0W Orvicx, 4.4.1.
November, 1948.
The Treaty signed today provides in
Article 5 for the preservation of existing rights
and titles in respect of real property in China
possessed by nationale sad companies of His
Majesty the King. During the negotiatiɔns we
have discussed the question of the right of mich
nationals end companies to soquire and hold new
rights in real property in the future mid also
the position as regards the rights of Chine se
nationals an companies to soquire real property
in the territories of His Majesty ti
Treaty applies.
which the
the basis ɔf this discution
the following agr«en<nt was reeched pending the
oɔnolusion of the comprehensive treaty provided
for in Article 8 of the Treaty signed tɔđayı-
(1) Nationals and companies of His Majesty
the King shall have the right to naquire and hold
rights of all kinds in real property in China ɔn
conditions as Chinese nationala and
the se
~ompanies:
(2) Chinese nationala an
companie a abai
have the right to acquire and hɔl rights of all
kind in real property in the teritories of
mim
uty on the same conditions as natinaml#
and aœpanies or His Majesty subject only to the
following speciml yrová si sna i-
(1) In England Chinese companies in commos
with all companies not incorporated in the
United Kingdom require a licence tɔ sequire
freshold property;
yrsetine seldom
such a licence is in
fused and no lieener i
required for the sequisition of leasehold
property/
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