Full text of District Notices (Federal Reserve Bank of Dallas) : Public Circular No. 5B

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TREASURY DEPARTMENT
Foreign Funds Control
September 3, 1943

PUBLIC CIRCULAR NO. 5B
UNDER EXECUTIVE ORDER NO. 8389, AS AMENDED, EXECUTIVE ORDER NO.
9193, SECTIONS 3(a) AND 5(b) OF THE TRADING WITH THE ENEMY ACT, AS
AMENDED BY THE FIRST WAR POWERS ACT, 1941, RELATING TO FOREIGN
FUNDS CONTROL.*

(1) Reference is made to the provisions of the Regulations issued by the Alien Prop­
erty Custodian under General Orders Nos. 11 and 13, relating to the establishment of
special accounts and the prohibition of transfers of interests in such special accounts.
(2) Any special account established pursuant to such Regulations shall hereafter be
deemed not to be a blocked account as that term is defined in General Ruling No. 4, and
payments, transfers, or withdrawals from any such special account upon the approval or
other authorization of the Alien Property Custodian may be effected in the same manner
and to the same extent as payments, transfers, or withdrawals may be effected from an
account in which no national of any blocked country has an interest. Payments or trans­
fers of credit may be made to any such special account pursuant to such Regulations with­
out a Treasury license to the same extent that payments and transfers thereto could be
made under General License No. 1 if such special account were a blocked account.

RANDOLPH PAUL
Acting Secretary of the Treasury

* Appendix B S e c .

3 ( a ) , 40 Stat. 41 2; Sec. 5 ( b ) , 40 Stat. 415 and 906; Sec. 2, 48 Stat. 1 ; 54 Stat. 179;

55 Stat. 83 8; E x. Order 8389, A p ril 10, 1940, as amended by Ex. Order 8785, June 14, 1941, E x. Order
8832, July 20, 1941, Ex. Order 8963, Dec. 9, 1941, and Ex. Order 8998, Dec. 26, 1941; E x . Order 9193,
July 6, 1942; Regulations, A pril 10, 1940, as amended June 14, 1941, afnd July 26, 1941.

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