954
THE NEW ZEALAND GAZETTE.
[No. 36

Enemy Property.

3. The Public Trustee shall act as the Custodian of Enemy Property under these regulations.

4. On or before the 1st day of May, 1916, every person who on the coming into operation of these regulations holds, or has the possession, management, or control of, any enemy property shall by notice in writing communicate the fact, together with full particulars of such property, to the Custodian of Enemy Property at the Public Trust Office at Wellington, and every such person shall thereafter from time to time give to the Custodian such further information relative to that property as he may require.

5. Every person shall, within fourteen days after he begins to hold, possess, manage, or control any enemy property, or after any property held, possessed, managed, or controlled by him becomes enemy property, communicate the fact by notice in writing to the Custodian of Enemy Property at the Public Trust Office at Wellington, together with full particulars of that property, and shall from time to time thereafter give to the Custodian such further information relative to that property as he may require.

6. All notifications of enemy property under the two last preceding regulations shall be made in accordance with the Schedule hereto and under the several headings specified in that Schedule.

7. Money owing or payable to an enemy or to any person on behalf of an enemy shall be deemed to be enemy property held by the person by whom it is owing or payable, and also by the agent, attorney, or representative of that person in New Zealand.

8. Shares owned by or on behalf of an enemy in any company incorporated in New Zealand or carrying on business in New Zealand shall be deemed to be enemy property held by the company, and also by the attorney or manager of that company in New Zealand.

9. Property owned jointly or in common by an enemy and by any person in New Zealand shall be deemed to be enemy property held by such person in New Zealand.

10. No person shall by any false, misleading, or incomplete statement deceive or attempt to deceive the Custodian in any matter relative to enemy property.

11. (a.) All rents, dividends, interest, shares of profits, and other income owing or payable to an enemy or to any person on behalf of an enemy by any person in New Zealand shall be paid by such last-mentioned person to the Custodian of Enemy Property.

(b.) Every such payment shall be made on or before the 1st day of May, 1916, in the case of moneys already so due and payable at the date of the coming into operation of these regulations; and in all other cases such payment shall be made within fourteen days after the day on which such moneys become due and payable, or after any later day on which the person to or on behalf of whom they are due and payable becomes an enemy.

12. In the case of all moneys due and payable to an enemy or to any person on behalf of an enemy (other than rents, dividends, interest, shares of profits, and income as aforesaid) the Custodian of Enemy Property may, if he thinks it expedient in the public interest, demand payment of such moneys from the person by whom they are so payable; and the person on whom such demand is made shall forthwith, or so soon as may be reasonably practicable, pay such moneys to the Custodian accordingly.

13. All bank balances and other sums payable on demand shall be deemed to become or to have become due and payable at any time at which such demand might lawfully have been made if a state of war had not existed.

14. All moneys received by the Public Trustee as the Custodian of Enemy Property shall be invested in accordance with the direction of the Minister of Finance, and subject to or in default of such direction shall form part of the common fund of the Public Trustee, but no interest shall be payable thereon.

15. When, by any assignment or transfer or otherwise howsoever, any property or any interest therein passes or at any time has passed from an enemy to any person who is not an enemy, such property shall nevertheless be deemed still to remain or to have remained enemy property, and the income or proceeds thereof shall be deemed to be payable to an enemy.

16. No person shall without the permission of the Attorney-General pay to the assignee of an enemy, or to any person claiming