1596
THE NEW ZEALAND GAZETTE.
No. 52

Zealand for sale, or in respect of the solicitation, receipt, making, acceptance, or transmission of offers for any such purchase, sale, or consignment.

(4.) The Attorney-General may, by notice in the Gazette, extend the provisions of this regulation to any specified alien enemy notwithstanding that he is a British subject, and on and after the day named in that behalf in such notice this regulation shall extend and apply to the alien enemy so specified in the same manner as if he was not a British subject.

(5.) No person shall be engaged in foreign trade who is carrying on business in partnership with any alien enemy who is himself prohibited by or under this regulation from being engaged in foreign trade.

(6.) Nothing in this regulation shall prevent the importation or exportation by any person of goods for his own use unconnected with any business carried on by him.

(7.) Nothing in this regulation shall prevent the importation of goods which have already left the country of exportation before the date of coming into operation of these regulations, or the completion (with the license of the Attorney-General) of any contract entered into before that date.

2. (1.) When any alien enemy who has theretofore been engaged in foreign trade within the meaning of the last preceding regulation has become, by reason of that regulation or of any notice issued by the Attorney-General thereunder, unable lawfully to continue to be so engaged, it shall not be lawful for any other person, firm, or company at any time thereafter to carry on any business as the successor of that alien enemy.

(2.) Any person, firm, or company shall be deemed for the purposes of this regulation to carry on business as the successor of an alien enemy if that person, firm, or company—

(a.) Purchases or otherwise acquires the business or any part of the business of the alien enemy; or

(b.) Carries on business under any name, style, description, or representation which in any manner indicates or may be supposed to indicate that the business is that of the alien enemy, or is in any way connected therewith by succession, amalgamation, or otherwise; or

(c.) Enters into any agreement, arrangement, or understanding with the alien enemy by which the benefit of the goodwill of his business or any part thereof may directly or indirectly pass to or be acquired by such person, firm, or company, or by which such person, firm, or company may be enabled to continue that business or any part thereof.

ENEMY SHAREHOLDERS.

3. (1.) In this regulation—

“New Zealand company” means any body corporate which has a capital divided into shares and is incorporated in New Zealand:

“Enemy company” means a body corporate which is incorporated in enemy territory, or in or over which any enemy or any other enemy company or any alien enemy (other than one who is also a natural-born British subject) possesses or exercises any substantial interest or control:

“Enemy” means any person or body corporate with whom or with which trading is prohibited under the Trading with the Enemy Act, 1914, or its amendments, or the War Regulations.

(2.) If the Attorney-General is satisfied that any share in a New Zealand company belongs, or at any time since the commencement of the present war with Germany has belonged, in law or in equity, to an enemy, or to an enemy company, or to an alien enemy other than a natural-born British subject, or that any enemy or any enemy company or any such alien enemy possesses, or at any time since the commencement of the present war with Germany has possessed, any interest, whether legal or equitable, in any such share or in the income thereof or in the proceeds of the sale thereof, the Attorney-General may, by an order signed by him and published in the Gazette, order and declare that such share shall be vested in the Custodian of Enemy Property.

4. On the gazetting of any such order all shares to which it relates shall thereupon vest at law in the Public Trustee, as the Custodian of