Coll 25/31 'Orders in Council: Defence Regulations (Persian Gulf) Order in Council: Application to the Arab States of the Persian Gulf of draft Trading with the Enemy Bill' [‎650v] (1304/1413)

4
Trading with the
Enemy.
2 & 3 Geo. 6.
I
A.D. 1939 .
Transfer of
negotiable
instru
ments and
choses in
action by-
enemies.
( 2 ) If, on a report made by an inspector as respects
any business, it appears to the Board of irade that it is
expedient, for securing compliance with section one oi
this Act, that the business should be subject to super
vision, the Board may appoint a person (hereafter in 5
this section referred to as “a supervisor ) to supervise
the business, with such powers as the Board may
determine.
( 3 ) If any person, without reasonable cause, fails to
produce for inspection, or furnish, to an inspector or a 10
supervisor any document or information which he is
duly requested by the inspector or supervisor so to
produce or furnish, that person shall be liable, on
summary conviction, to a fine not exceeding fifty pounds
or to imprisonment for a term not exceeding six months 15
or to both such fine and such imprisonment.
(4) If any person, with intent to evade the provisions
of this section, destroys, mutilates or defaces any book
or other document which an inspector or a supervisor is
or may be authorised under this section to inspect, that 20
person shall be liable—
(a) on conviction on indictment, to penal servitude
for a term not exceeding five years or to a fine
or to both such penal servitude and a fine, or
(b) on summary conviction, to imprisonment for a 25
term not exceeding tw r elve months or to a fine
not exceeding one hundred pounds or to both
such imprisonment and such fine.
4. —( 1 ) No assignment of a chose in action made by or
on behalf of an enemy shall, except with the sanction of the 30
Treasury, be effective so as to confer on any person any
rights or remedies in respect of the chose in action; and
neither a transfer of a negotiable instrument by or
on behalf of an enemy, nor any subsequent transfer
thereof, shall, except with the sanction of the Treasury, 35
be effective so as to confer any rights or remedies against
any party to the instrument.
( 2 ) The preceding subsection shall apply in relation
to any transfer of any coupon or other security trans
ferable by delivery, not being a negotiable instrument, 40
as it applies in relation to any assignment of a chose
in action.