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TRADING WITH THE ENEMY (TRANSFER OF NEGOTIABLE INSTRUMENTS, ETC.) (ROUMANIA) ORDER, 1947, Dated APRIL 14, 1947, Made by the TREASURE UNDER SECTION 4 OF THE TRADING WITH THE ENEMY ACT, 1939 (2 & 3 GEO. 6. C. 89).

As Enacted Cited authorities 2 Cited in Related
Vincent
Year1947

1947 No. 665

TRADING WITH THE ENEMY

Roumania

THE TRADING WITH THE ENEMY (TRANSFER OF NEGOTIABLE INSTRUMENTS, ETC.) (ROUMANIA) ORDER, 1947, DATED APRIL 14, 1947, MADE BY THE TREASURE UNDER SECTION 4 OF THE TRADING WITH THE ENEMY ACT, 1939 (2 & 3 GEO. 6. C. 89).

The Treasury, in pursuance of the powers conferred upon them by Section 4 of the Trading with the Enemy Act, 1939 (hereinafter referred to as "the Act") (which renders ineffective, except with the sanction of the Treasury, the transfer by or on behalf of enemies of negotiable instruments and choses in action) and of all other powers enabling them in that behalf, hereby make the following Order:—

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 the Government 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 the Government or a person to whom this Order applies,

being an assignment or transfer made on or after the date of this Order by reason of any trade authorised by Article 1 of the Trading with the Enemy (Authorisation) (Roumania) Order, 1947(a), by or on behalf of the Government or a person to whom this Order applies.

2. This Order applies—

(a) to the Roumanian State,

(b) to any individual resident in Roumania,

(c) as respects any business carried on in Roumania, to any individual or body of persons (whether corporate or unincor-porate) carrying on that business.

3. In the application of this Order to Scotland "chose in action" means "right of action or incorporeal movable".

4. This Order may be cited as the Trading with the Enemy (Transfer of Negotiable Instruments, etc.) (Roumania) Order, 1947.

On behalf of the Treasury, W. Eady. Second Secretary.

Dated...

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