169. Powers and duties of custodians and other persons.

An income received by a custodian of enemy property1 from the investment of moneys coming into his hands in his capacity as custodian, being income received by way of discount on the purchase by him of Treasury Bills or by way of interest on other loans made by him to the Treasury2 or on moneys placed by him in his name on deposit or current account at a bank, belongs to the Crown and must be paid into the Exchequer3.

A custodian must, if the Treasury so directs, pay or transfer to persons specified in the direction: (1) any money

Popular documents