TRADING WITH THE ENEMY (CUSTODIAN) (AMENDMENT) (INSURANCE) No. 2 ORDER, 1945, Dated JULY 16, 1945, Made by the Board of Trade UNDER SECTION 7 OF THE TRADING WITH THE ENEMY ACT, 1939 (2 & 3 GEO. 6. C. 89).
Jurisdiction | UK Non-devolved |
STATUTORY INSTRUMENTS
1945 No. 850
TRADING WITH THE ENEMY
(7) Insurance
THE TRADING WITH THE ENEMY (CUSTODIAN) (AMENDMENT) (INSURANCE) No. 2 ORDER, 1945, DATED JULY 16, 1945, MADE BY THE BOARD OF TRADE UNDER SECTION 7 OF THE TRADING WITH THE ENEMY ACT, 1939 (2 & 3 GEO. 6. C. 89).The Board of Trade in exercise of the powers conferred upon them by Section 7 of the Trading with the Enemy Act, 1939 (hereinafter referred to as "the Act"), and of all other powers enabling them in that behalf do hereby make the following Order:—
1. Article 1 of the Trading with the Enemy (Custodian) Order, 1939(a), (requiring payment of certain moneys to the Custodian) shall not apply to any money which would, but for the existence of a state of war, be payable to or for the benefit of any person within the description contained in Article 2 of this Order under or in respect of a contract of Insurance or Reinsurance.
2. This Order applies—
(a) to any individual resident in territory not being an area under the sovereignty or in the occupation of a Power with which His Majesty is at war,
(b) as respects any business carried on in any such territory to any individual or body of persons (whether corporate or unincorporate) carrying on that business,
(c) as respects any business carried on in any territory which is neither enemy territory nor an area which is for the time being to be treated as enemy territory for the purposes of Section 7 of the Act in accordance with the provisions of Regulation 6 or Regulation 7 of the Defence (Trading with the Enemy) Regulations, 1940(b), to any body of persons (whether corporate or unincorporate) carrying on that business if and so long as...
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