Trading with the Enemy (Custodian) Order, 1950
| Jurisdiction | UK Non-devolved |
| Citation | SI 1950/494 |
1950 No. 494
CUSTODIAN
The Trading with the Enemy (Custodian) Order 1950
Made 28th March 1950
Coming into Operation 11th April 1950
The Board of Trade in exercise of the powers conferred upon them by Section 7 of the Trading with the Enemy Act, 1939 and of all other powers enabling them in that behalf do hereby make the following Order:—
1. There shall vest in the Custodian the right to transfer all property belonging to or held or managed on behalf of an enemy and of the following description, that is to say—
(a) jewellery and imitation jewellery, being articles consisting wholly or partly of stones (precious, semi-precious or imitation) or of pearls (real, cultured or imitation);
(b) precious and semi-precious stones;
(c) goldsmiths' and silversmiths' wares, being articles made wholly or partly of gold, silver or other precious metal (including gold plate but not including base metal which is gilt or silver plated); and
(d) articles made wholly or partly of mother-of-pearl, ivory, amber, jet, coral, natural shells or tortoise-shell, jade, onyx, lapis lazuli or other semi-precious stones.
Provided nevertheless that this Order shall not have the effect of vesting in the Custodian any property in respect of which any licence, consent or authority has been given under the Trading with the Enemy Act, 1939, or any Order made thereunder.
2. Any person having possession, control or management of property the subject of this Order shall, on being so required by the Custodian, deliver the same to him.
3. The Custodian shall sell the said property or any part thereof as and when requested so to do by the Board of Trade with power for that purpose to employ such agents as he shall think fit and to obtain the advice or assistance of experts whenever it shall appear to him to be advisable.
4. Out-of-pocket payments duly made by the Custodian in relation to the receiving, collecting, vesting, management, holding or disposing of the said property or any part thereof shall be reimbursed to the Custodian out of the proceeds of sale of such property and shall be chargeable accordingly.
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