DISTRIBUTION OF GERMAN ENEMY PROPERTY ORDINANCE

DISTRIBUTION OF GERMAN ENEMY PROPERTY

CHAPTER 139

DISTRIBUTION OF GERMAN ENEMY

PROPERTY ORDINANCE

To amend the definition of "German enemy debt" for the purposes of the

Distribution of German Enemy Property Ordinance (Chapter 132), in

relation to sums due at the passing of that Ordinance in respect of certain

German public securities.

(15th January, 1953)

Enacted by ORDINANCE I of 1953.

This Ordinance may be cited as the Distribution of German

Enemy Property Ordinance, and shall be construed as one with the

Distribution of German Enemy Property Ordinance, hereinafter

referred to as "the principal Ordinance."

I SSUES

Potash Syndicate of Germany 25 year Sinking Fund Gold Loan.

City of Berlin 6 per cent. Sterling Loan, 1927.

City of Cologne 6 per cent. Sterling Loan, 1928.

City of Dresden 5½ per cent. Sterling Loan of 1927.

City of Munich 6 per cent. Sterling Bonds.

State of Hamburg 6 per cent. Sterling Loan of 1926.

Hamburg Waterworks 6 per cent. Sterling Loan.

The Free State of Saxony 6 per cent. 25 year Sterling Bonds of 1927.

Province of Westphalia 7 per cent. Sterling Loan of 1926.

Prussian Electric Company 6 per cent. 25 year Sterling Bonds.

The principal Ordinance shall have effect and shall be

deemed always to have had effect as if the sums mentioned in

paragraph (b) of the definition "German enemy debt" included any

sum due on the enactment of that Ordinance -

(a) in respect of any bond of the City of Saarbruecken 6

per cent. Sterling Loan of 1928, being a bond enfaced

in accordance with the Supplementary Agreement for

the execution of article 2 of the Anglo-German

Transfer Agreement of the lst July, 1938;

(b) in respect of any bond of any of the issues described in

the Schedule in this Ordinance.