1924
(417) Page 361
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THE CHINA (TREATY OF PEACE) ORDER IN COUNCIL, 3919 361
Arbitral Tribunal or by an arbitrator appointed by that Tribunal
in pursuance of paragraph (e) of Article 297 of the Treaty, and
with payment of claims growing put of acts committed by the
German Government or by German authorities since the 31st
July, 1914, and before the 4th August, 19M.
(b) Secondly, with payment of the amounts due in respect of claims by
British nationals with regard to their property rights and interests
in the territories of Austria-Hungary, Bulgaria, and Turkey in so
far as those claims are not otherwise satisfied.
Provided that any particular propert}' rights or interests so charged may at any
time, if the Minister thinks fit, be released from the Charge so created.
2. In the application and enforcement of the charge created by this Order the
claims of or debts owing to British nationals resident or carrying on business in
China shall enjoy priority over the claims of or debts owing to other British
nationals.
3. With a view to making effective and enforcing such charge as aforesaid :—
(a) No person shall, without the consent of the Custodian, transfer, part
with, or otherwise deal in any property, right, or interest subject
to the charge, and if he does so he shall be liable, on summary
conviction, to a fine not exceeding one hundred pounds, or to
imprisonment for a term not exceeding three months, or to both
such imprisonment and fine.
(b) Every person owning or having the control or management of any pro¬
perty right or interest subject to the charge (including where the
property right or interest consists of shares, stocks, or other
securities issued by a company, municipal authority, or other body,
or any right or interest therein, such company, authority, or body)
shall, unless particulars thereof have already been furnished to the
Custodian in accordance with the Trading with the Enemy Acts,
1914 to 1918, or the Trading with the Enemy Consolidation
Kegulations, 1918, within one month from the date when this
Order comes into operation, by 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, on summary conviction, be
liable to a fine not exceeding one hundred ponnds.
(c) Where the property charged consists of inscribed or registered stock*
shares, or other securities, any company, municipal authority, or
other body by whom the securities were issued or are managed
shall, on application being made by the Custodian, enter the Cus¬
todian in the books in which the securities are inscribed or
registered as the proprietor of the securities subject to the charge,
and the Custodian shall, subject to the consent of the Minister,
have power to sell or otherwise deal with the securities as pro¬
prietor of which he is so registered or inscribed.
(d) The Minister may by order vest in the Custodian any property rights
and interests subject to the charge, or the right to transfer the
same, and for that purpose section 4 of the Trading with the
Enemy (Amendment) Act, 1916, shall apply as if such property
rights a$d interests were property belonging to an enemy or
enemy subject.
Arbitral Tribunal or by an arbitrator appointed by that Tribunal
in pursuance of paragraph (e) of Article 297 of the Treaty, and
with payment of claims growing put of acts committed by the
German Government or by German authorities since the 31st
July, 1914, and before the 4th August, 19M.
(b) Secondly, with payment of the amounts due in respect of claims by
British nationals with regard to their property rights and interests
in the territories of Austria-Hungary, Bulgaria, and Turkey in so
far as those claims are not otherwise satisfied.
Provided that any particular propert}' rights or interests so charged may at any
time, if the Minister thinks fit, be released from the Charge so created.
2. In the application and enforcement of the charge created by this Order the
claims of or debts owing to British nationals resident or carrying on business in
China shall enjoy priority over the claims of or debts owing to other British
nationals.
3. With a view to making effective and enforcing such charge as aforesaid :—
(a) No person shall, without the consent of the Custodian, transfer, part
with, or otherwise deal in any property, right, or interest subject
to the charge, and if he does so he shall be liable, on summary
conviction, to a fine not exceeding one hundred pounds, or to
imprisonment for a term not exceeding three months, or to both
such imprisonment and fine.
(b) Every person owning or having the control or management of any pro¬
perty right or interest subject to the charge (including where the
property right or interest consists of shares, stocks, or other
securities issued by a company, municipal authority, or other body,
or any right or interest therein, such company, authority, or body)
shall, unless particulars thereof have already been furnished to the
Custodian in accordance with the Trading with the Enemy Acts,
1914 to 1918, or the Trading with the Enemy Consolidation
Kegulations, 1918, within one month from the date when this
Order comes into operation, by 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, on summary conviction, be
liable to a fine not exceeding one hundred ponnds.
(c) Where the property charged consists of inscribed or registered stock*
shares, or other securities, any company, municipal authority, or
other body by whom the securities were issued or are managed
shall, on application being made by the Custodian, enter the Cus¬
todian in the books in which the securities are inscribed or
registered as the proprietor of the securities subject to the charge,
and the Custodian shall, subject to the consent of the Minister,
have power to sell or otherwise deal with the securities as pro¬
prietor of which he is so registered or inscribed.
(d) The Minister may by order vest in the Custodian any property rights
and interests subject to the charge, or the right to transfer the
same, and for that purpose section 4 of the Trading with the
Enemy (Amendment) Act, 1916, shall apply as if such property
rights a$d interests were property belonging to an enemy or
enemy subject.
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Asian directories and chronicles > 1924 > (417) Page 361 |
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Permanent URL | https://digital.nls.uk/196429330 |
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Description | Volumes from the Asian 'Directory and Chronicle' series covering 1917-1941, but missing 1919 and 1923. Compiled annually from a multiplicity of local sources and research. They provide listings of each country's active corporations, foreign residents and government agencies of all nationalities for that year, together with their addresses. Content includes: various treaties; coverage of conflicts; currencies and taxes; consular fees; weights and measures; public holidays; festivals and traditions. A source of information for both Western states and communities of foreigners living in Asia. Published by Hongkong Daily Press. |
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Shelfmark | H3.86.1303 |
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