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9.—(1) Except with permission granted by the Treasury, no person mentioned in article 11 shall—
(a)make any payment or part with any gold, securities or investments; or
(b)make any change in the persons to whose credit any sum is to stand or to whose order any gold, securities or investments are to be held,
where any such action is action to which this article applies.
(2) This article applies to action which is likely to make available to or for the benefit of any persons or bodies exercising for the time being public functions in Haiti any funds or other financial or economic resources, whether by their removal from the Isle of Man or otherwise, or otherwise to remit or transfer funds or other such resources to or for the benefit of such persons or bodies.
(3) Any permission granted by the Treasury under this article may be granted absolutely or subject to conditions and may be varied or revoked at any time by the Treasury.
(4) In this article—
(a)“gold”, “payment” and “securities” shall have the meanings they bear in section 2 of the Emergency Laws (Re-enactment and Repeals) Act 1964(1); and
(b)“investments” means any asset, right or interest falling within any paragraph of Part I of Schedule 1 to the Financial Services Act 1986(2) which is not a security.
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