Foreign Compensation (Egypt) (Determination and Registration of Claims) Order 1962

JurisdictionUK Non-devolved
CitationSI 1962/2187

1962 No. 2187

FOREIGN COMPENSATION

The Foreign Compensation (Egypt) (Determination and Registration of Claims) Order 1962

2ndOctober 1962

8thOctober 1962

9thOctober 1962

At the Court at Balmoral, the 2nd day of October 1962

Present,

The Queen's Most Excellent Majesty in Council

Whereas Her Majesty is authorised to make provision by Order in Council under the Foreign Compensation Act 1950(a) (hereinafter referred to as "the Act") for the determination by the Foreign Compensation Commission (hereinafter referred to as "the Commission") of claims to participate in compensation received under agreements with foreign Governments:

And Whereas such provision was made by the Foreign Compensation (Egypt) (Determination and Registration of Claims) Order 1959(b), as amended(c):

And Whereas the Agreement (hereinafter referred to as "the Agreement") entered into between Her Majesty's Government and the Government of the United Arab Republic on 28th February 1959 concerning Financial and Commercial Relations and British Property in Egypt(d) has been amended and supplemented by Exchanges of Notes between the two Governments dated 7th August 1962(e):

And Whereas it is now expedient to revoke the said Order in Council, as amended, and to make further provision with regard to the sums received from the Government of the United Arab Republic under the Agreement and for the registration, assessment and determination of claims in respect of British property in Egypt:

Now, therefore, Her Majesty, by virtue and in exercise of the powers in that behalf by the Act or otherwise in Her Majesty vested, is pleased, by and with the advice of Her Privy Council, to order, and it is hereby ordered, as follows:

(a) 14 Geo. 6. c. 12.

(b) S.I. 1959/625 (1959 I, p. 1384).

(c) S.I. 1959/1773, 1960/2418, 1962/1089 (1959 I, p. 1388; 1960 II, p. 1563; 1962 II, p. 1261).

(d) Cmnd. 723.

(e) Cmnd. 1820.

PART I

INTERPRETATION

1.—(1) The Interpretation Act 1889(a) shall apply to the interpretation of this Order as it applies to the interpretation of an Act of Parliament, and as if this Order and the Orders hereby revoked were Acts of Parliament.

(2) In this Order:—

"Annex E" means the revised text of Annex E to the Agreement substituted by an Exchange of Notes between Her Majesty's Government and the Government of the United Arab Republic on 7th August 1962.

"British nationals" means

(a) citizens of the United Kingdom and Colonies, citizens of Rhodesia and Nyasaland, citizens of Southern Rhodesia, British subjects without citizenship, and British protected persons belonging to any of the territories for whose international relations the Government of the United Kingdom were on 28th February 1959 responsible; and

(b) corporations and unincorporated associations constituted under the laws in force in the United Kingdom of Great Britain and Northern Ireland or in any territory for whose international relations the Government of the United Kingdom were on 28th February 1959 responsible; and

includes the Ottoman Bank for the purposes of Part III of this Order and such other persons as may be notified to the Commission by Her Majesty's Principal Secretary of State for Foreign Affairs for all or any of the purposes of the Order as he shall specify.

"Converted company" means an Egyptian controlled company which has at any time between 30th October 1956 and the date on which this Order is made been authorised under the laws of the Republic of Egypt or of the United Arab Republic to continue its activities as an Egyptian or United Arab Republic corporation limited by shares.

"Egyptian controlled company" means a corporation which was a British national on 31st October 1956 but all, or substantially all, of the undertaking and assets of which were at that date situated in Egypt and the management and control of which were at that date exercised in...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT