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Treasury

Department

FOREIGN FUNDS CONTROL
December

GENERAL LICENSE
UNDER EXECUTIVE ORDER
5(b)

OF THE T R A D I N G

RELATING TO FOREIGN

NO.

8389,

AS AMENDED,

WITH THE ENEMY

ACT,

NO.

(1)
that

no

of

the

foreign
herein

Order

the

and

of

paragraph

to

be

any

or

(1)

of

in

the

had

License
in

Waiver

of

2A o f t h e

which

Application
shall

national

of

not

and

provided,

however
only

Order

or

any

interest

94,

any
the

time

herein.

herein

national

at

no b l o c k e d

(a)

a

has

in any

the

so

or

other

1941,

subject

certified

national

is

a

in

than

effective

property

property

Whenever

certified

thereof,

between

country

the

a

country

date

to

of

the

hereby

thereof

desigwriting

has

the

proviso
licensed

or

has

the

while
11;

it

5

are

Ruling
waived

paragraph

is

No.

5.

with

The

had

provisions

r e s p e c t t o any

attached.

of

countries

specified

herein.

of

a

specified

herein

only

of

in

the

this

of

security

national

designated

purpose

or

General

nationals

any

country
Order

and

not

specified

l i c e n s e the f o l l o w i n g

shall

This
who

is

herein,

be

deemed

herein:

residing

territory

in

a

Japan

territory
was

country
who

specified

at

of

herein,

any

time

on

either

such

country

designated

as

"enemy

or

any

except

since
or

December
within

t e r r i t o r y "

citizen
7,

any

under

1941
other

General

Any p a r t n e r s h i p , a s s o c i a t i o n , c o r p o r a t i o n , o r o t h e r o r g a n i z a t i o n ,
organized
under t h e laws o f a c o u n t r y s p e c i f i e d h e r e i n , u n l e s s
it i s a n a t i o n a l
of
Germany, Japan, B u l g a r i a , Hungary, or Rumania.

the

(ii)
( i i i )
(iv)
and
or

As

used

in

term " c o u n t r y

(i)

(b)

to

specified

Ruling

De f i n i t i o n s .
(a)

No.

country

within

No.

and

to c e r t a i n

respect

individual
been

Order
Ruling

preceding

s u b j e c t o f Germany

has

(b)

for

the

the

foreign

country

Any
or

of

General

license
with

, that
of

2A
of

under

of

apply

another

nationals

(4)

Section

Order

a certification

(3)
license

France,

Finland,

each
other

license,

specified

effective

Belgium,
Norway,

this

October

effective
effective

herein"
5,

November
December

effective

December

country

specified

territory

subject

herein
to

its

means

the

following:

1945;
20,

29,

1945;
1945;

29,

1945;

shall

be

deemed

to

include

any

colony

jurisdiction.

the term " f o r e i g n country designated
in the O r d e r "
i n c l u d e c o u n t r i e s l i c e n s e d by G e n e r a l L i c e n s e No.
94.

FRED M .

Secretary

•

SECTION

COUNTRIES

specified

specified

has

No.

which

countries

country

thereof,

General

property

of

any

designated

national

of

as

AS AMENDED,

WAR POWERS A C T ,

interest.
(2)

a

governments

date of c e r t i f i c a t i o n

regarded

Section
to

by

government

country

specified

9193,

AS AMENDED BY THE F I R S T

FUNDS CONTROL.«

Certification

agent

1945

95

EXECUTIVE ORDER NO.

PROPERTY C E R T I F I E D BY GOVERNMENTS OF S P E C I F I E D

nated

29,

of

shall

be

deemed

to

VINSON

the

Treasury

Part 131; - Sec. 5 ( b ) ,
40
Stat.
415
and 9 6 6 ;
S e c . 2 , 4 8 S t a t . 1 ; 54 S t a t . 1 7 9 : 55 S t a t .
8 3 8 ; E x . O r d e r 8 3 8 9 . A p r i l 1 0 , 1 9 4 0 . a « amended b y E x . O r d e r 8 7 8 5 . June 1 4 , 1 9 4 1 , E x . O r d e r
8832. J u l y 26, 1941. Ex. Order
8963,
D e c . 9 , 1 9 4 1 , and E x . O r d e r 8 9 9 8 . D e c . 2 6 , 1 9 4 1 ; E x .
Order
9193,
July 6,
1942,
as
amended b y Ex. O r d e r 9 5 6 7 , J u n e 8 , 1 9 4 5 ; R e g u l a t i o n s ,
April
1 0 , , 1 9 4 0 . a s a m e n d e d J u n e 1 4 . 1 9 4 1 , and J u l y 2 6 , 1 9 4 1 .




45-57

FEDERAL RESERVE BANK
OF NEW YORK
Fiscal A g e n t

of t h e U n i t e d

States

December 29,1945

FOREIGN FUNDS CONTROL
Statement Regarding General License No. 95

To all Banks, and Others
Concerned,
in the Second Federal Reserve
District:

With regard to General License No. 95, a copy of which is enclosed,
the Treasury Department has directed us to request that if any person
should receive a certification with regard to property which is blocked
on the books of the recipient by reason of the interest of (i) Germany
or Japan, (it) Bulgaria, Hungary, Italy or Rumania or (Hi) Portugal,
Spain, Sweden, Switzerland, Liechtenstein, or Tangier, no action shall be
taken under the certification until the appropriate Federal Reserve Bank
has been notified of the facts upon which the property was so blocked and
has advised with respect to the matter.




ALLAN

SPROUL,

President.