CO129-606-5 Hong Kong Loan- Financial settlement 2-3-1948 - 4-10-1948 — Page 52

(c)

any payment made, whether within or without the Colony, during the war period out of any Hong Kong money or fund or out of any exchange or coin security fund by, or by direction of, or under the authority of the Secretary of State or by, or by direction of, or under the authority of the Crown Agents for the Colonies, for the purpose of discharging the debts or public obligations of the Crown or of the Government of Hong Kong or of any statutory or public body or institution or of any public official incorporated or formerly exercising public functions in any part of the Colony; or made for the purpose of maintaining the financial credit of, or otherwise in the interests and for the purposes of the said government or of any such body, or official; or made in the interests or for the purposes of the British Military Administration or otherwise in the interests or for the purposes of the relief and rehabilitation of the Colony; including in particular, but without prejudice to the generality of the preceding words, pay- ments made in respect or on account of

(1)

(ii)

(iii)

(iv)

(*)

(vi)

(vii)

Government loans, War Savings Certificates, Money Orders;

Contributions to sinking funds;

Currency redemption;

salaries, pensions, gratuities, allowances or advances to Government servants, employees or pensioners, their families and dependants;

Gratuities or allowances to persons resident or formerly resident in the Colony, their families and dependants, and grants to any fund or association for any like purpose;

contracts entered into prior to or during the war period for goods supplied or to be supplied or services rendered or to be rendered;

compensation for cancellation of contracts;

(viii) loans or advances made, or contracted during

the war period to be made, for purposes of the rehabilitation of the Colony or any part thereof;

and if any such legal proceeding has been instituted; whether before or after the passing of this Ordinance it shall be discharged and made void.

Section 7.

Nothing in this Ordinance shall be deemed to affect

(b)

the institution or prosecution of proceedings against an enemy or the subject of a State at war with His Majesty or against any person acting under the authority of an enemy or subject of such State;

or

G