Statutory Instruments
TRANSFER OF NEGOTIABLE INSTRUMENTS
Made
29th March 1949
The Treasury, in pursuance of the powers conferred upon them by
1. The Treasury do hereby sanction
(a)any assignment of a chose in action which, on or after the date of this Order, comes into the ownership of an authority or a person to whom this Order applies,
(b)any transfer of a negotiable instrument issued on or after that date, and
(c)any transfer of any security transferable by delivery, not being a bond, a coupon or a negotiable instrument, which on or after that date comes into the ownership of an authority or a person to whom this Order applies,
being an assignment or transfer made on or after the date of this Order within the authority given by the Trading with the Enemy (Authorisation) (Germany) Order, 1949 (1), by or on behalf of an authority or a person to whom this Order applies.
2. This Order shall apply
(a)to any government, public or other authority in Germany,
(b)to any individual resident in Germany,
(c)as respects any business carried on in Germany, to any individual or body of persons (whether corporate or unincorporate) carrying on that business.
3. For the purpose of this Order "Germany" means
4. In the application of this Order to Scotland "chose in action" means
5. The Orders specified in the schedule hereto are hereby revoked.
6.-(1) This Order may be cited as the Trading with the Enemy (Transfer of Negotiable Instruments, etc.) (Germany) Order, 1949.
(2) The Interpretation Act, 1889, shall apply to the interpretation of this Order as it applies to the interpretation of an Act of Parliament.
On behalf of the Treasury.
H. Wilson Smith
Second Secretary
Dated this 29th day of March, 1949
The Trading with the Enemy (Transfer of Negotiable Instruments, etc.) (Germany) Order, 1947 (2).
The Trading with the Enemy (Transfer of Negotiable Instruments, etc.) (Germany) Order, 1948 (3).
The Trading with the Enemy (Transfer of Negotiable Instruments, etc.) (Germany) (No. 2) Order, 1948 (4).
The Trading with the Enemy (Transfer of Negotiable Instruments, etc.) (Germany) (No. 3) Order, 1948 (5).
By an Order dated 29th March, 1949 (S.I. 1949, No. 607), the Board of Trade have amended the Trading with the Enemy (Custodian) Order so that its provisions cease to apply to money remitted to persons specified in the Order on or after 29th March, 1949, within the authority given therein. This present Treasury Order sanctions transfers and assignment of choses in action, negotiable instruments and certain securities transferable by delivery which may be made to such persons on or after the date of this Order.
p. 4090 above.
I, p. 2183.
I, p. 4367.
I, p. 4369.
I, p. 4370.