1950_TRADING_WITH_THE_ENEMY_ORDINANCE — Page 17

HK Historical Laws 香港歷史法例 All AI Reviewed

Trading with the Enemy.

notice in writing communicate the fact to the Custodian, and shall furnish the Custodian with such particulars in relation thereto as the Custodian may require and if any person fails to do so 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.

[CAP. 188

Schedule.

(2) Every company incorporated in the Colony and 24 of 1950, every company which, though not incorporated in the Colony, has a share transfer or share registration office in the Colony shall, within one month after the commencement of the war, by notice in writing communicate to the Custodian full particulars of all shares, stock, debentures and debenture stock and other obligations of the company which are held by or for the benefit of an enemy; and every partner of every firm, one or more partners of which on the commencement of the war became enemies or to which money had been lent for the purpose of the business of the firm by a person who so became an enemy, shall within one month after the commencement of the war, by notice in writing communicate to the Custodian full particulars as to any share of profits and interest due to such enemies or enemy, and if any person fails to comply with the provisions of this subsection 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.

First

(3) Where the Custodian is satisfied from returns 2 of 1946, made to him under this section, that any such securities as are referred to in subsection (4) of section 18 (including securities issued by a company) are held by any person on behalf of an enemy, the Custodian may give notice thereof to the person by or through whom any dividends, interest or bonus in respect of the securities or any sums by way of payment off of the securities are payable, and upon the receipt of such notice any dividends, interest or bonus payable in respect of, and any sums by way of payment off of the securities to which the notice relates shall be paid to the Custodian in like manner as if the securities were held by an enemy.

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Trading with the Enemy. notice in writing communicate the fact to the Custodian, and shall furnish the Custodian with such particulars in relation thereto as the Custodian may require and if any person fails to do so 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. [CAP. 188 Schedule. (2) Every company incorporated in the Colony and 24 of 1950, every company which, though not incorporated in the Colony, has a share transfer or share registration office in the Colony shall, within one month after the commencement of the war, by notice in writing communicate to the Custodian full particulars of all shares, stock, debentures and debenture stock and other obligations of the company which are held by or for the benefit of an enemy; and every partner of every firm, one or more partners of which on the commencement of the war became enemies or to which money had been lent for the purpose of the business of the firm by a person who so became an enemy, shall within one month after the commencement of the war, by notice in writing communicate to the Custodian full particulars as to any share of profits and interest due to such enemies or enemy, and if any person fails to comply with the provisions of this subsection 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. First (3) Where the Custodian is satisfied from returns 2 of 1946, made to him under this section, that any such securities as are referred to in subsection (4) of section 18 (including securities issued by a company) are held by any person on behalf of an enemy, the Custodian may give notice thereof to the person by or through whom any dividends, interest or bonus in respect of the securities or any sums by way of payment off of the securities are payable, and upon the receipt of such notice any dividends, interest or bonus payable in respect of, and any sums by way of payment off of the securities to which the notice relates shall be paid to the Custodian in like manner as if the securities were held by an enemy. 455

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Trading with the Enemy. notice in writing communicate the fact to the Custodian, and shall furnish the Custodian with such particulars in relation thereto as the Custodian may require and if any person fails to do so he shall upon summary conviction be liable to a fine of two thousand dollars and to imprison- ment for six months, and in addition to a further fine of one thousand dollars for every day during which the default continues. [CAP. 188 Schedule. (2) Every company incorporated in the Colony and 24 of 1950, every company which, though not incorporated in the Colony, has a share transfer or share registration office in the Colony shall, within one month after the commence- ment of the war, by notice in writing communicate to the Custodian full particulars of all shares, stock, debentures and debenture stock and other obligations of the company which are held by or for the benefit of an enemy; and every partner of every firm, one or more partners of which on the commencement of the war became enemies or to which money had been lent for the purpose of the business of the firm by a person who so became an enemy, shall within one month after the commencement of the war, by notice in writing communicate to the Custodian full parti- culars as to any share of profits and interest due to such enemies or enemy, and if any person fails to comply with the provisions of this subsection 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. First (3) Where the Custodian is satisfied from returns 2 of 1946, made to him under this section, that any such securities Schedule. as are referred to in subsection (4) of section 18 (including securities issued by a company) are held by any person on behalf of an enemy, the Custodian may give notice thereof to the person by or through whom any dividends, interest or bonus in respect of the securities or any sums by way of payment off of the securities are payable, and upon the receipt of such notice any dividends, interest or bonus payable in respect of, and any sums by way of payment off of the securities to which the notice relates shall be paid to the Custodian in like manner as if the securities were held by an enemy. 455 :

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Trading with the Enemy.

notice in writing communicate the fact to the Custodian, and shall furnish the Custodian with such particulars in relation thereto as the Custodian may require and if any person fails to do so he shall upon summary conviction be liable to a fine of two thousand dollars and to imprison- ment for six months, and in addition to a further fine of one thousand dollars for every day during which the default continues.

[CAP. 188

Schedule.

(2) Every company incorporated in the Colony and 24 of 1950, every company which, though not incorporated in the Colony, has a share transfer or share registration office in the Colony shall, within one month after the commence- ment of the war, by notice in writing communicate to the Custodian full particulars of all shares, stock, debentures and debenture stock and other obligations of the company which are held by or for the benefit of an enemy; and every partner of every firm, one or more partners of which on the commencement of the war became enemies or to which money had been lent for the purpose of the business of the firm by a person who so became an enemy, shall within one month after the commencement of the war, by notice in writing communicate to the Custodian full parti- culars as to any share of profits and interest due to such enemies or enemy, and if any person fails to comply with the provisions of this subsection 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.

First

(3) Where the Custodian is satisfied from returns 2 of 1946, made to him under this section, that any such securities Schedule. as are referred to in subsection (4) of section 18 (including securities issued by a company) are held by any person on behalf of an enemy, the Custodian may give notice thereof to the person by or through whom any dividends, interest or bonus in respect of the securities or any sums by way of payment off of the securities are payable, and upon the receipt of such notice any dividends, interest or bonus payable in respect of, and any sums by way of payment off of the securities to which the notice relates shall be paid to the Custodian in like manner as if the securities were held by an enemy.

1950_TRADING_WITH_THE_ENEMY_ORDINANCE — Page 17

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