Trading with the
Enemy Act, 1939.
furnish, he shall be liable on summary conviction to a fine not exceeding ten pounds for every day on which the default continues.
(7) All fees received by any custodian by virtue of an order under this section shall be paid into the Exchequer of the United Kingdom.
(8) In this section—
- (a) the expression “enemy property” means any property for the time being belonging to or held or managed on behalf of an enemy or an enemy subject;
- (b) the expression “property” means real or personal property, and includes any estate or interest in real or personal property, any negotiable instrument, debt or other chose in action, and any other right or interest, whether in possession or not; and
- (c) the expression “prescribed” means prescribed by an order made under this section.
General and Supplementary Provisions.
Provisions with respect to money payable to, or received by, a Clearing Office under 24 & 25 Geo. 5. c. 31. 8.—(1) Nothing in this Act shall affect the operation of section one of the Debts Clearing Offices and Import Restrictions Act, 1934, or of any order under that section, in so far as the said section or order relates to the payment to, and collection by, a Clearing Office of debts to which such an order applies; but—
- (a) notwithstanding anything in subsection (6) of the said section or in any such order as aforesaid, any sum received by a Clearing Office by virtue of such an order, being
- (i) a sum which is so received at a time when the Sovereign Power of the country with respect to which the order has been made is at war with His Majesty, or
- (ii) a sum which has been so received before the commencement of the war between that Power and His Majesty and has not, before the commencement of that war, ceased to be in the possession or under the control of the Clearing Office,
- shall be retained by the Clearing Office, subject to any order which may be made under this Act
