The Foreign Compensation (People's Republic of China) Order 1987
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FOREIGN COMPENSATION The Foreign Compensation (People's Republic of China) Order 1987
At the Court at Buckingham Palace, the 18th day of December 1987 Present, The Queen's Most Excellent Majesty in Council
"Bond" means a bond or other document of title in respect of a loan or obligation issued or guaranteed before 1st October 1949 by a former government of the territory or any part thereof or by any other public authority in the territory. "British national" means:
"Material time" means any time before 1st January 1980 at which it is material for the purposes of this Order whether or not a person is a British national. "Person" includes, except where the context otherwise requires, an individual, corporation, firm, or association. "Predecessor in title" means any person through whom, whether directly or indirectly, a person making application under this Order (including a trustee) has succeeded, whether by assignment or otherwise, to the property or claim to which the application relates. "Property" includes all rights or interests of any kind in property. "Relevant date" means 1st October 1949 or such later date before 1st January 1980 on which the applicant, or his predecessor in title, was deprived of title to or enjoyment of property, or of the right to recover a debt, or suffered loss in respect of a share, or became unable to recover a bank balance, or upon which a debt first became due for repayment. "Rules of the Commission" means rules made by the Commission with the approval of the Lord Chancellor under section 4(2) of the Foreign Compensation Act 1950 regulating the procedure of the Commission in determining applications made under this Order. "Share" includes stock, a debenture, debenture stock and any funded obligation of a corporation. "Secretary of State" means Her Majesty's Principal Secretary of State for Foreign and Commonwealth Affairs. "The territory" means the territory which is on the date on which this Order comes into operation controlled by the authorities of the People's Republic of China. "Trustee" includes a personal representative of a deceased person or a nominee; and "beneficiary" shall have a corresponding meaning. Notes: [1] 1950 c. 12; section 3 was amended by the Foreign Compensation Act 1969 (c. 20), section 2. back |
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