CO129-609-4 Future policy- draft proclamation for moratorium on unsettled debts 24-8-1945 - 22-2-1947 — Page 35

Exce tions.

35

6. The moratorium hereby imposed shall not

apply to any debt –

(a) incurred after the date when this

Proclamation takes effect within the

(b)

area in which such debt is incurred;

not exceeding fifty dollars in respect of

any one transaction

(c) due in respect of:-

(1) wages or salaries;

(11) professional services;

(111) work and labour;

(iv) rent not excoeding one year's rent; or

(a) due to any Governant or Local Authority.

The Chief Civil Affairs Officer, or any

Officer authorised by him in that behalf, may,

by notice or by general or

specific order grant exemption in respect of any

debt or class of debts.

Power to suspend or terminate moratorium.

7.

PART IV

-

D'ALINGS IN LAND.

Dealings in land prohibited.

8.

During the period of the moratorium no

person shall transact, or attempt to transact,

any dealing in land except

(a) any lease or tenancy for a term not

exceeding one year; or

(b) with the written approval of the

1

Controller of any officer authorised by

him in that behalf any lien or quitable

mo trage by deposit of documents of title'

with a financial institution.

Frovided that the Chief Civil Affairs Officer