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The Trading with the Enemy (Custodian) no(No. 5) Order 1951
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2. There shall be excepted from the vesting to be effected by this Order—
(a)any estate or interest in land,
(b)any property which has come into the ownership of any persons by reason of any trade authorised generally or specially by or by any person authorised in that behalf by a Secretary of State, the Treasury or the Board of Trade,
(c)any property which at any time after the 2nd day of February, 1948, has come into the ownership of any individual who, not being either a British subject or a British protected person, possesses Japanese nationality and is resident in Bulgaria, Hungary, Roumania, or Italy,
(d)any property in respect of which any licence, consent or authority has been given under the Act or any Order made thereunder, and
(e)any right or interest the vesting of which in the Custodian would cause forfeiture or determination of such right or interest.
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