593894-1939-Ordinance-passed-and-assented-to---Law-revision--No-33-of-1939 — Page 73

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THE HONG KONG GOVERNMENT GAZETTE, SEPTEMBER 2, 1939.

Schedule,-contd.

SHORT TITLE.

AMENDMENT OR REPEAL.

55. The Trading with

the Enemy Ordin-

ance, 1914.

(No. 25 of 1914), --contd.

(10) Sections 12 and 13-the following sections

are substituted--

12. Notwithstanding anything contained Exception in this Ordinance it shall not be law in the case

banks.

ful for any bank. the constitution of of certain which at the commencement of the war provided that any of the officers or directors thereof should be resident in any place which is for the time being enemy territory, to carry on its business in any way whatsoever except for the purpose of completing transactions entered into before the war, and it shall be lawful for the Governor to impose such restrictions in The case of any such bank and to require any such bank to submit to such super- vision as he may think fit.

13. Notwithstanding anything contained. Power to in this Ordinance, if any enemy has a impose

restrictions branch locally situated in the Colony, or on business if any firm carrying on business in the of enemy Colony had at the conumencement of the subjects and war any partner who at any time after the of local commencement of the war is or becomes

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branches of enemy

enemy within the meaning of this fimis, 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 he may think fit."

(11) Section 14-the words "this Ordinance `` are substituted for the words and figures "sections 2 (8), (9). (10), 2A, 2B. 3 (5) or BA in the first and second lines.

(12) Section 15-() in sub-section (2) the words "and whether so vested or con- ferred before the 26th day of April, 1921, or after the 25th day of April, 1921" in the fourth, fifth and sixth lines, and the words and shall be deemed always to have so passed and vested and to have bern so exercisable" in the last two lines. are repealed:

(ii) in sub-section (3) the words "order of are substituted for regulations made by in the last line.

(B) Section 16—(1) in sub-section (1)—

(a) the words "but for the existence of a state of war" are substituted for "had a state of war not existed" in the first line:

(b) the words "firm or company' in the fourth line are repealed:

(e) the words "any payment required to he inade under this sub-section to the Custodian shall be made within fourteen days after it would have been paid" are substituted for all the words in the last seven lines;

(ii) in sub-section (2)—

(a) the words "two thousand" and "one thousand" are substituted for "one thou-

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