Foreign Compensation Act 1969

4 Interpretation.

(1) In this Act, except so far as the context otherwise requires,—

• " Baltic State " means Estonia, Latvia or Lithuania (including Memel and the city and territory of Vilna);

• " ceded territory " means a part of Czechoslovakia, Finland, Poland or Rumania which has been ceded to the Union of Soviet Socialist Republics;

• " former property ", in relation to a Baltic State or ceded territory, means—

  (a)

  any property which on any of the relevant dates belonged to or was held or managed on behalf of an individual resident or carrying on business on that date in any such State or territory;

  (b)

  any property which during the period beginning with 3rd September 1939 and ending with 8th May 1945 belonged to or was held or managed on behalf of a body of persons (whether corporate or unincorporate) carrying on business at any time during that period in any such State or territory; and

  (c)

  without prejudice to paragraph (b) above, any gold, securities, or credit balance at a bank with respect to which a direction was given on 24th July 1940 under Regulation 2A of the [S.R. & O. 1939/1620; 1940/1329.] Defence (Finance) Regulations 1939; and any proceeds of, any income arising from, and any other payments in respect of, any such property and any other property accruing therefrom;

• " property " includes all rights or interests of any kind in property;

• " relevant date ", in relation to any property, means any of the following dates, that is to say—

  (a)

  the date on which the right to dispose of the property was first regulated by an order under section 7 of the Trading with the [1939 c. 89.] Enemy Act 1939;

  (b)

  the date on which the property or the right to transfer it was vested by virtue of such an order in a custodian of enemy property;

  (c)

  in the case of a sum of money, the date on which the sum was first required by such an order to be paid, or was in fact paid in pursuance of such an order, to a custodian of enemy property.

(2) Any reference in this Act to any enactment or regulation is a reference thereto as amended, and includes a reference thereto as extended or applied, by or under any other enactment, including this Act.