National Security (Enemy Property) Regulations (Amendment) (Cth)

NATIONAL SECURITY (ENEMY PROPERTY) REGULATIONS.

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Statutory Rules 1953, No. 30.(d)

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Treasurer may vest enemy and ex-enemy property in Controller.

Regulation 16a of the National Security (Enemy Property) Regulations is amended—

(a)by omitting sub-regulation (1.) and inserting in its stead the following sub-regulation:—

“(1.) The Treasurer may, for the purpose of enabling effect to be given to—

(a) Article six of the Agreement on Reparation from Germany, on the Establishment of an Inter-Allied Reparation Agency and on the Restitution of Monetary Gold (being the agreement the terms of which were recommended for signature by the Paris Conference on Reparation that concluded its meeting on the twenty-first day of December, One thousand nine hundred and forty-five, to which agreement Australia is a party) ;

(b)Article fourteen of the Treaty of Peace with Japan (being the treaty approved by the Treaty of Peace (Japan) Act 1952);

(c) Article twenty-seven of the Treaty of Peace with Roumania (being the treaty approved by the Treaty of Peace (Roumania) Act 1947) ;

(d)Article twenty-five of the Treaty of Peace with Bulgaria (being the treaty approved by the Treaty of Peace (Bulgaria) Act 1947); or

(e)Article twenty-nine of the Treaty of Peace with Hungary (being the treaty approved by the Treaty of Peace (Hungary) Act 1947),

by order vest in the Controller—

(f) any property belonging to an enemy subject or otherwise included in the expression ‘German enemy assets’ in Article six of the Agreement referred to in paragraph (a) of this sub-regulation; or

(d) Made under the Trading with the Enemy Act 1939-1952 on 31st March, 1953; notified in the Gazette on 9th April, 1953.

(g)any property, rights and interests which may be seized, retained or liquidated, or in respect of which any other action may be taken, under Article fourteen of the Treaty of Peace with Japan, Article twenty-seven of the Treaty of Peace with Roumania, Article twenty-five of the Treaty of Peace with Bulgaria and Article twenty-nine of the Treaty of Peace with Hungary.”; and

(b)by adding at the end thereof the following sub-regulation:—

“(5.) For the purposes of this regulation, ‘property’ means real or personal property (including debts or other choses in action and rights, whether legal or equitable, in or arising out of real or personal property).”.

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