Trading with the Enemy.
[CAP. 188
deposits or investments shall be dealt with in such manner as the Governor may direct.
First
(5) The Governor may by special or general order exempt from the provisions of sections 17, 18, 19 and 20 or any of them, any property, sum of money or security which is within any of the categories or descriptions mentioned in such sections and which would otherwise be subject to the provisions thereof, and may revoke or amend any such order from time to time and any such order may contain such incidental and supplementary provisions as appear to the Governor to be necessary or expedient for the purposes of the same. Any such order may take effect retrospectively.
[15]
for dividends, etc., payable to enemy.
5 & 6 Geo. 5, c. 12, s. 2.
18. (1) Any sum which, but for the existence of a state of war, would have been payable and paid to or for the benefit of an enemy, by way of dividends, interest or share of profits, shall be paid by the person by whom it would have been payable to the Custodian to hold subject to the provisions of this Ordinance and any order made or direction given thereunder, and the payment shall be accompanied by such particulars as the Governor may prescribe, or as the Custodian if so authorized by the Governor may require. Any payment required to be made under this subsection to the Custodian shall be made within fourteen days after it would have been paid.
(2) If any person fails to make or require the making of any payment or to furnish the prescribed particulars within the time mentioned in this section, he shall upon summary conviction be liable to a fine of two thousand dollars and to imprisonment for six months and in addition to a further fine of one thousand dollars for every day during which the default continues.
(3) If in the case of any person whose books and documents are liable to inspection under section 9 or 10 any question arises as to the amount which would have been so payable and paid as aforesaid, the question shall be determined by the person who may have been or who may be authorized to inspect the books and documents or, on appeal, by the Governor, and if in the course of determining the question it appears to the inspector or the
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Page 16
Trading with the Enemy.
[CAP. 188
deposits or investments shall be dealt with in such manner as the Governor may direct.
First
(5) The Governor may by special or general order 2 of 1946, exempt from the provisions of sections 17, 18, 19 and 20 Schedule. or any of them, any property, sum of money or security which is within any of the categories or descriptions mentioned in such sections and which would otherwise be subject to the provisions thereof, and may revoke or amend any such order from time to time and any such order may contain such incidental and supplementary provisions as appear to the Governor to be necessary or expedient for the purposes of the same. Any such order may take effect retrospectively.
[15]
for
dividends,
etc., payable 5 & 6 Geo. 5,
to enemy.
c. 12, s. 2.
18. (1) Any sum which, but for the existence of a Payment of state of war, would have been payable and paid to or the benefit of an enemy, by way of dividends, interest or share of profits, shall be paid by the person by whom it would have been payable to the Custodian to hold subject to the provisions of this Ordinance and any order made or direction given thereunder, and the payment shall be accom- panied by such particulars as the Governor may prescribe, or as the Custodian if so authorized by the Governor may require. Any payment required to be made under this subsection to the Custodian shall be made within fourteen days after it would have been paid.
(2) If any person fails to make or require the making of any payment or to furnish the prescribed particulars within the time mentioned in this section, he shall upon summary conviction be liable to a fine of two thousand dollars and to imprisonment for six months and in addition to a further fine of one thousand dollars for every day during which the default continues.
(3) If in the case of any person whose books and documents are liable to inspection under section 9 or 10 any question arises as to the amount which would have heen so payable and paid as aforesaid, the question shali be determined by the person who may have been or who may be authorized to inspect the books and documents or, on appeal, by the Governor, and if in the course of determining the question it appears to the inspector or the
453
Page 15Page 16
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