The Trading with the Enemy (Custodian) Order 1950

1.  There shall vest in the Custodian the right to transfer all property belonging to or held or managed on behalf of an enemy and of the following description, that is to say—

(a) jewellery and imitation jewellery, being articles consisting wholly or partly of stones (precious, semi-precious or imitation) or of pearls (real, cultured or imitation);

(b) precious and semi-precious stones;

(c) goldsmiths' and silversmiths' wares, being articles made wholly or partly of gold, silver or other precious metal (including gold plate but not including base metal which is gilt or silver plated); and

(d) articles made wholly or partly of mother-of-pearl, ivory, amber, jet, coral, natural shells or tortoise-shell, jade, onyx, lapis lazuli or other semi-precious stones.

Provided nevertheless that this Order shall not have the effect of vesting in the Custodian any property in respect of which any licence, consent or authority has been given under the Trading with the Enemy Act, 1939, or any Order made thereunder.