New Zealand Gazette – 1918 – No. 78

Page 2063

Page 2064 →

✨ War Regulations

Num. 78. 2063

THE
NEW ZEALAND GAZETTE
EXTRAORDINARY.

Published by Authority.

WELLINGTON, TUESDAY, MAY 28, 1918.

War Regulations.—Restricting Remittances of Money from New Zealand.

LIVERPOOL, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this twenty-first day of May, 1918.

Present:

THE HONOURABLE SIR JAMES ALLEN, K.C.B., PRESIDING IN COUNCIL.

WHEREAS by the War Regulations Act, 1914, the Governor-General in Council is empowered to make such regulations as he thinks necessary for the prohibition of any acts which in his opinion are injurious to the effective conduct of the military operations of His Majesty during the present war: And whereas, having regard to the necessity of procuring revenues adequate for the conduct of the war, it is in the opinion of the Governor-General in Council expedient to impose restrictions on the transmission of moneys from New Zealand for investment elsewhere:

Now, therefore, His Excellency the Governor-General of the Dominion of New Zealand, acting by and with the advice and consent of the Executive Council of the said Dominion, and in pursuance of the War Regulations Act, 1914, doth hereby make the following regulations under the said Act.

REGULATIONS.

WITHOUT the permission in writing of the Minister of Finance no person resident in New Zealand shall either directly or indirectly, and either on his own behalf or on behalf of any other person resident in New Zealand, send any remittance exceeding £1,000 out of New Zealand—

(a.) For the purpose of making or subscribing to any loan or subscribing to any issue of capital out of New Zealand; or

(b.) For the purpose of purchasing any land, shares, stocks, debentures, securities, or other property whatsoever (other than merchandise) if the property is out of New Zealand; or

(c.) For any purpose otherwise than in the ordinary course of the business of the person by whom or on whose behalf the remittance is sent.

VUW Te Waharoa — NZ Gazette 1918, No 78

NZLII — NZ Gazette 1918, No 78

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✨ LLM interpretation of page content

💰 Restrictions on Remittances of Money from New Zealand

Domain💰 Finance & Revenue
Dated21 May 1918
KeywordsWar Regulations, Remittances, Financial Restrictions, Investment, Loans
👩‍💼 Officials

Liverpool, Governor-General
The Honourable Sir James Allen, K.C.B., Presiding in Council

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