OpenLegislation

Article 7

Original text. Later amendments are not shown.

(1)

The Commission shall not entertain an application for the purposes of this Order if that application is in respect of:—

(a)

any claim in respect of which a payment was made by the Commission under the Foreign Compensation (Czechoslovakia) Order in Council 1950 as amendedf1; or

(b)

except as provided in Article 19 of this Order, any claim in respect of a bond denominated in any currency other than Czechoslovak currency; or

(c)

any claim in respect of the six per cent First Mortgage Debentures of the SKODA WORKS (limited company formerly the Skoda Works, Plzen).

(2)

For the avoidance of doubt, it is hereby declared that, without prejudice to the provisions of Article 17 of this Order, the Commission shall not entertain an application for the purposes of this Order, if that application is in respect of any claim in respect of any property beneficially owned by a corporation incorporated or constituted under the laws in force in a country or territory other than the United Kingdom or any territory for whose international relations Her Majesty's Government in the United Kingdom were, at the material time, responsible, whether or not any of the shareholders in that corporation, or a majority of them, are United Kingdom nationals, and whether or not that corporation is controlled, directly or indirectly, by United Kingdom nationals.

Annotations

Footnotes

f1

S.I. 1951/1166, 1952/348, 1413, 1953/1209, 1902, 1956/831.