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FEDERAL RESERVE BANK OF NEW YORK Fiscal Agent of the United States r Circular No. 2 6 2 5 . May 18. 1943 1 L Reference to Circulars Nos. 2615 and 2618. J FOREIGN FUNDS CONTROL To all Banking Institutions, and Others Concerned, in the Second Federal Reserve District: For your information we quote below from a telegram received from the Treasury Department: The following is the text of an amendment to General License No. 29 issued today: CODE OF FEDERAL REGULATIONS Title 31—Money and Finance: Treasury Chapter I—Monetary Offices, Department of the Treasury Part 131—General Licenses under Executive Order No. 8389, April 10, 1940, as amended, and Regulations issued pursuant thereto Section 131.29 TREASURY DEPARTMENT Office of the Secretary May 18, 1943 G E N E R A L L I C E N S E NO. 29, AS A M E N D E D , U N D E R E X E C U T I V E O R D E R NO. 8389, AS A M E N D E D , E X E C U T I V E O R D E R NO. 9193, S E C T I O N S 3(a) A N D 5(b) O F T H E T R A D I N G W I T H T H E E N E M Y A C T , AS A M E N D E D BY T H E F I R S T W A R P O W E R S ACT. 1941, R E L A T I N G T O F O R E I G N F U N D S C O N T R O L * A P P L I C A T I O N OF CERTAIN GENERAL LICENSES T O GENERAL RULING NO. 6 ACCOUNTS General License No. 29 is hereby amended to read as follows: The provisions of the following general licenses are hereby made applicable to General Ruling No. 6 accounts: (a) General License No. 2 only with respect to the payment or reimbursement for normal service charges (as therein defined) other than interest due; ( b ) General License No. 4 ; (c) General License No. 5 only with respect to the payment of withholding taxes on income derived from securities in General Ruling No. 6 accounts; and (d) General License No. 27; Provided, however, that this general license shall not be deemed to authorize the removal of any coupons for collection or otherwise from any General Ruling No. 6 account unless the bonds to which such coupons relate are in such General Ruling No. 6 account. RANDOLPH PAUL Acting Secretary of the Treasury. * Part 131;—Sec. 5(b), 40 Stat. 415 and 966; Sec. 2, 48 Stat. 1; 54 Congress, 55 Stat. 838, Ex. Order 8389, April 10, 1940, as amended by Ex. Order 8832, July 26, 1941, Ex. Order 8963, December 9. 1941, and 1941; Ex. Order 9193, July 6, 1942; Regulations, April 10, 1940, as amended Stat. 179; Public No. 354, 77th Ex. Order 8785, June 14, 1941, Ex. Order 8998, December 26, June 14, 1941, and July 26, 1941. Additional copies of this circular will be furnished upon request. ALLAN SPROUL, President.
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