(3) If the payee is a citizen of the United States, the total of all remittances to such payee and his household effected in any one calendar month under this section may not exceed $75, except that additional sums not exceeding $25 in any one calendar month may be remitted for each member of such payee's household in addition to the payee who is a citizen of the United States: Provided, That in no case shall a sum in excess of $150 per calendar month be remitted to any such payee and his household;

(4) Such remittances are not made from a blocked account other than from an account in a banking institution within the United States in the name of, or in which the beneficial interest is held by, a citizen of the United States who is the payee or a member of the household; and

(5) Such remittances are effected only by the payment of the dollar amount of the remittance to a domestic bank for credit to a post-liberation blocked account in the name of "Bank of Sicily, Account AF".

(b) Duty of individuals and domestic banks acting under this section. All individuals making such remittances and all domestic banks effecting such remittances shall satisfy themselves that the foregoing terms and conditions are complied with.

(c) Reports by domestic banks effecting remittances. Domestic banks through which any such remittances originate shall execute promptly Section A of Form TFR132 with respect to each such remittance. When so executed Form TFR-132 shall be forwarded promptly to the domestic bank ultimately transmitting abroad the payment instructions for such remittances and the latter bank shall, upon receipt thereof, execute Section B of Form TFR-132 and promptly file such executed report with the appropriate Federal Reserve Bank. If the domestic bank through which any such remittance originates is also the bank ultimately transmitting abroad the payment instructions for such remittance, then such bank shall execute both Sections A and B of such report. No report on Form TFR132 shall be deemed to have been filled in compliance with this section unless both Sections A and B thereof have been duly executed as herein prescribed.

(d) Reports by domestic banks maintaining post-liberation blocked accounts. Domestic banks maintaining post-liberation blocked accounts in the name of "Bank of Sicily, Account AF" shall report promptly the establishment of such accounts, and the balances therein at the end of each calendar month, to the appropriate Federal Reserve Bank.

(e) Refunds. Domestic banks are authorized to refund the amount of any remittance ordered pursuant to this section when such domestic banks are advised that such remittance cannot be effected.

(f) Waiver of General Ruling No. 11 and General Ruling No. 5A. Transactions authorized herein and communications with

persons in Sicily relating thereto are authorized notwithstanding General Ruling No. 11. Domestic banks are authorized, notwithstanding General Ruling No. 5A, to send to and receive from the Bank of Sicily non-negotiable bank payment orders covering remittances or refunds authorized herein.

(g) Definitions. As used in this section: (1) The term "household" shall mean: (i) Those individuals sharing a common dwelling as a family; or

(ii) Any individual not sharing a common dwelling with others as a family.

(2) The term "post-liberation blocked account" shall mean a blocked account;

(1) Which is established pursuant to this license or any other license or other authorization expressly referring to a post-liberation blocked account;

(ii) To which funds may be credited only pursuant to this license or any other license or other authorization expressly referring to a post-liberation blocked account; and

(iii) With respect to which payments, transfers, or withdrawals or other dealings may not be made or effected except pursuant to this license or any other license or other authorization expressly referring to a postliberation blocked account. [Gen. Lic. No. 32A, Feb. 7, 1944, 9 F.R. 1581]

[Preceding section, in small type, superseded by following section during period covered by this Supplement]

§ 131.32a General license No. 32A-(a) Certain remittances to specified liberated areas for living expenses authorized. A general license is hereby granted authorizing remittances by any individual through any domestic bank to any individual within the liberated areas specified in paragraph (h) of this section, and any domestic bank is authorized to effect such remittances: Provided, The following terms and conditions are complied with:

(1) Such remittances are made only for the necessary living expenses of the payee and his household;

(2) If the payee is not a citizen of the United States, the total of all remittances to such payee and his household effected in in any one calendar quarter under this section may not exceed $100;

[Preceding subparagraph, in small type, superseded by following subparagraph, also in small type, during period covered by this Supplement]

(2) If the payee is not a citizen of the United States, the total of all remittances to such payee and his household effected in any one calendar month under this section may not exceed $50; [Subparagraph (2) amended June 1, 1944, 9 F.R. 5975]

(3) If the payee is a citizen of the United States, the total of all remittances to such payee and his household effected in any one calendar month under this section may not exceed $75, except that additional sums not exceeding $25 in any one calendar month

may be remitted for each citizen of the United States, in addition to the payee, who is a member of such payee's household: Provided, That in no case shall a sum in excess of $150 per calendar month be remitted to any such payee and his household;

(4) Such remittances are not made from a blocked account other than from an account in a banking institution within the United States in the name of, or in which the beneficial interest is held by, a citizen of the United States who is the payee or a member of his household; and

(5) Such remittances are effected only by the payment of the dollar amount of the remittance to a domestic bank for credit:

(1) When the remittance is to any individual within the area specified in paragraph (h) (1) hereof, to a post-liberation blocked account in the name of "Bank of Sicily, Account AF":

(11) When the remittance is to any individual within the area specified in paragraph (h) (2) hereof, to a post-liberation blocked account in the name of "Bank of Naples, Account AF". [Paragraph (a) amended Mar. 30, 1944, 9 F.R. 3489 and June 1, 1944, 9 F.R. 5975]

[Preceding paragraph, in small type, superseded by following paragraph during period covered by this Supplement]

§ 131.32a General license No. 32A(a) Certain remittances to specified liberated areas for living expenses authorized. A general license is hereby granted authorizing remittances by any individual through any domestic bank to any individual within the liberated areas specified in paragraph (h) of this section, and any domestic bank is authorized to effect such remittances, provided the following terms and conditions are complied with:

(1) Such remittances are made only for the necessary living expenses of the payee and his household and do not exceed $500 in any one calendar month to any one household;

(2) Such remittances are not made from a blocked account other than from an account in a banking institution within the United States in the name of, or in which the beneficial interest is held by, a citizen of the United States who is the payee or a member of his household; and

(3) Such remittances are effected only by the payment of the dollar amount of the remittance to a domestic bank for credit:

(i) When the remittance is to any individual within the area specified in paragraph (h) (1) hereof, to a postliberation blocked account in the name of "Bank of Sicily, Account AF".

625507-45-SUPP. VII-BK. 2 -55

(ii) When the remittance is to any individual within the area specified in paragraph (h) (2) hereof, to a postliberation blocked account in the name of "Bank of Naples, Account AF".

(iii) When the remittance is to any individual within the area specified in paragraph (h) (3) hereof, to a post-liberation blocked account in the name of "Bank of Italy, Account AF". [Paragraph (a) amended Aug. 29, 1944, 9 F.R. 10559 and Nov. 24, 1944, 9 F.R. 14010]

CODIFICATION: Subdivision (iii) was added to paragraph (a) (3), Nov. 24, 1944, 9 F.R. 14010.

(b) Duty of individuals and domestic banks acting under this section. All individuals making such remittances and all domestic banks effecting such remittances shall satisfy themselves that the foregoing terms and conditions are complied with.

(c) Reports by domestic banks effecting remittances. Domestic banks through which any such remittances originate shall execute promptly section A of Form TFR-132 with respect to each such remittance. When so executed, Form TFR-132 shall be forwarded promptly to the domestic bank ultimately transmitting abroad the payment instructions for such remittances and the latter bank shall, upon receipt thereof, execute section B of Form TFR-132 and promptly file such executed report with the appropriate Federal Reserve Bank. If the domestic bank through which any such remittance originates is also the bank ultimately transmitting abroad the payment instructions for such remittance, then such bank shall execute both sections A and B of such report. No report on Form TFR-132 shall be deemed to have been filed in compliance with this section unless both sections A and B thereof have been duly executed as herein prescribed.

(d) Reports by domestic banks maintaining post-liberation blocked accounts. Domestic banks maintaining post-liberation blocked accounts pursuant to this section shall report promptly the establishment of such accounts, and the balances therein at the end of each calendar month, to the appropriate Federal Reserve Bank,

(e) Refunds. Domestic banks are authorized to refund the amount of any

Page 2495

remittance ordered pursuant to this section when such domestic banks are advised that such remittance cannot be effected.

(f) Waiver of General Ruling No. 11 and General Ruling No. 5A. Transactions authorized herein and communications with persons in the areas specified in paragraph (h) hereof relating thereto are authorized notwithstanding General Ruling No. 11. Domestic banks are authorized, notwithstanding General Ruling No. 5A, to send to and receive from the banks referred to in paragraph (a) (5) hereof nonnegotiable bank payment orders covering remittances or refunds authorized herein.

[Preceding paragraph, in small type, superseded by following paragraph during period covered by this Supplement]

(f) Waiver of General Ruling No. 5A. Domestic banks are authorized, notwithstanding General Ruling No. 5A, to send to and receive from the banks referred to in paragraph (a) (3) hereof non-negotiable bank payment orders covering remittances or refunds authorized herein. [Paragraph (f) amended Nov. 24, 1944, 9 F.R. 14010]

CROSS REFERENCE: For General Rulings Nos. 5A and 11, see Appendix A to this part. (g) Definitions. As used in this section:

(1) The term "household" shall mean: (i) Those individuals sharing a common dwelling as a family; or

(ii) Any individual not sharing a common dwelling with others as a family.

(2) The term "post-liberation blocked account" shall mean a blocked account:

(i) Which is established pursuant to this section or any other section or other authorization expressly referring to a post-liberation blocked account;

(ii) To which funds may be credited only pursuant to this section or any other section or other authorization expressly referring to a post-liberation blocked account; and

(iii) With respect to which payments, transfers, or withdrawals or other dealings may not be made or effected except pursuant to this section or any other section or other authorization expressly referring to a post-liberation blocked account.

(h) Designation of liberated areas to which remittances may be effected. The liberated areas covered by this section are:

(1) Sicily;

(2) Sardinia and the following provinces of Italy: Cosenza, Reggio Calabria, Potenza, Foggia, Bari, Brindisi, Catanzaro, Matera, Avallino, Taranto, Lecce, Naples, Salerno, and Benevento.

[Preceding subparagraph, in small type, superseded by following subparagraph during period covered by this Supplement]

(2) Sardinia and the following provinces of Italy: Cosenza, Reggio, Calabria, Potenza, Foggia, Bari, Brindisi, Catanzaro, Matera, Avellino, Taranto, Lecce, Naples, Salerno, Benevento, Rome, Littoria, Frosinone, and Campobasso. [Subparagraph (2) amended Aug. 29, 1944, 9 F.R. 10559]

(3) The following provinces of Italy: Viterbo, Terni, Teramo, Rieti, Pescara, Macerata, Grosseto, Chieti, Aquila and Ascoli-Piceno. [Gen. Lic. No. 32a, Mar. 30, 1944, 9 F.R. 3489, as amended Aug. 29, 1944, 9 F.R. 10559 and Nov. 24, 1944, 9 F.R.14010]

CODIFICATION: Subparagraph (3) was added to § 131.32a (h), Nov. 24, 1944, 9 F.R. 14010. § 131.33 General license No. 33.

NOTE: 131.33 was made inapplicable to any account in a banking institution in the Territory of Hawaii in which a civilian interned for the duration of the war has an interest, by Public Circular H-5, Oct. 20, 1943, Appendix B to Part 132.

§ 131.49 General license No. 49. CODIFICATION: In § 131.49 (d) the last sentence was deleted, Feb. 21, 1944, 9 F.R. 2084. § 131.50 General license No. 50. CODIFICATION: In § 131.50 (e) the last sentence was deleted, Feb. 21, 1944, 9 F.R. 2084. § 131.52 General license No. 52. CODIFICATION: In § 131.52 (e) the last sentence was deleted, Feb. 21, 1944, 9 F.R. 2084. § 131.53 General license No. 53.

CODIFICATION: In § 131.53 (d), subparagraph (3) was revoked, and subparagraph (4) was redesignated (3), Feb. 21, 1944, 9 F.R. 2084.

§ 131.58 General license No. 58.

CODIFICATION: § 131.58 was amended in the following respects, Mar. 15, 1944, 9 F.R. 2849:

1. In paragraphs (a) (2) (1), (a) (3) (1) and (ii), and (b) (1), the words "Commission for the Control of Foreign Exchange Assets, Chungking, China" were substituted for the words "Stabilization Board of China."

2. In paragraph (b) (1), the word "Commission" was substituted for the word "Board."

§ 131.70 General license No. 70. CODIFICATION: In § 131.70 (e) the last sentence was deleted, Feb. 21, 1944, 9 F.R. 2084. § 131.71 General license No. 71.

NOTE: 131.71 was made inapplicable to any account in a banking institution in the Territory of Hawaii in which a civilian interned for the duration of the war has an interest, by Public Circular H-5, Oct. 20, 1943, Appendix B to Part 132.

§ 131.75 General license No. 75.

CODIFICATION: In § 131.75 (d) the words "Commission for the Control of Foreign Exchange Assets, Chungking, China," were substituted for "Stabilization Board of China", and the word "Commission" was substituted for the word "Board", Mar. 15, 1944, 9 F.R. 2849.

NOTE: 131.75 was made inapplicable to any account in a banking institution in the Territory of Hawaii in which a civilian interned for the duration of the war has an interest, by Public Circular H-5, Oct. 20, 1943, Appendix B to Part 132.

§ 131.84 General license No. 84-(a) Exemption of certain United States securities from General Ruling No. 5. A general license is hereby granted exempting from the provisions of General Ruling No. 5 the following securities:

(1) United States Defense and War Savings Stamps and Bonds of all series and designations;

(2) All other securities, issued on or after December 7, 1941, which are direct obligations of the United States, including, but not limited to, bonds, notes, certificates of indebtedness, and Treasury bills, and interim certificates issued for any such securities. [Gen. Lic. No. 84, Jan. 25, 1944, 9 F.R. 940]

CROSS REFERENCE: For General Ruling No. 5, see Appendix A to this part.

APPENDIX A-GENERAL RULINGS

GENERAL RULING NO. 11

CODIFICATION: In General Ruling No. 11 (4) (b) (11) the word "Finland" was inserted immediately preceding the words "and any other territory controlled or occupied by Germany, Italy or Japan," June 30, 1944, 9 F.R. 7379, and the words "that portion of France within continental Europe, including Monaco and Corsica," were deleted, Nov. 4, 1944, 9 F.R. 13196.

GENERAL RULING NO. 16

Regulations relating to safe deposit boxes leased to nationals of blocked countries or containing property in which nationals of blocked countries have an interest.

(1) Access to certain safe deposit boxes prohibited. Except as hereinafter authorized or as specifically licensed or authorized by the Secretary of the Treasury, no person shall be granted access to any safe deposit box within the United States leased to any blocked country or national thereof or containing any property in which any blocked country or national thereof has any interest or which there is reasonable cause to believe contains property in which any blocked country or national thereof has an interest.

(2) Access authorized under certain conditions. (a) Access to any safe deposit box leased to a blocked country or national thereof or containing property in which any blocked country or national thereof has an interest, and the deposit therein or removal therefrom of any property is hereby authorized: Provided, That both of the following conditions are complied with:

(i) Access shall be permitted only in the presence of an authorized representative of the lessor of such box;

(ii) In the event that any property in which any blocked country or national thereof has any interest is to be removed from such box, access shall be permitted only in the presence of an authorized representative of a banking institution within the United States, which may be the lessor of such box, which shall receive such property into its custody immediately upon removal from such box and which shall hold the same in a blocked account under an appropriate designation indicating the interests therein of blocked countries or nationals thereof.

The above conditions (i) and (ii) shall not apply to access granted to a representative of the Office of the Alien Property Custodian pursuant to any rule, regulation or order of such Office.

(b) The lessee or other person granted access to any safe deposit box under this general ruling (except an agent or representative of the Office of the Alien Property Custodian) shall furnish to the les

sor a certificate in triplicate that he has filed or will promptly file a report on Form TFR-300 with respect to such box, if leased to a national of a foreign country, and with respect to all property contained in the box to which access is had in which any foreign country or national thereof has an interest. The lessor shall deliver two copies of such certificate to the Federal Reserve Bank of the District in which the box is located. The certificate is required only on the first access to the box and need not be furnished if a certificate has been filed pursuant to General License No. 12 prior to the revocation thereof. In case a report on Form TFR-300 was not made before August 20, 1943, a report is hereby required to be filed on Series L in accordance with the provisions of Public Circular No. 4C, excluding Section II-D thereof, which shall be inapplicable, but any reports required under Public Circular No. 4 and not already rendered shall also be filed. When no other date is applicable, the effective date of reporting for Series L shall be the date of access. If none of the entries specified by Section IV-5-(c) of Public Circular No. 4C is applicable, the phrase "General Ruling No. 16, access to box on 194__" shall be [Gen. Ruling No. 16,

entered in Part A.
Dec. 15, 1944, 9 F.R. 14669]

APPENDIX B-PUBLIC CIRCULARS

PUBLIC CIRCULAR NO. 7B

(1) Reference is made to General License No. 32 relating to remittances for necessary living expenses.

(2) Notwithstanding the provisions of paragraph (1) (c) of General License No. 32, any remittance pursuant to such general license to a payee within Switzerland may be effected only by the payment of the dollar amount of the remittance to a domestic bank for credit to a blocked account in the name of a banking institution within Switzerland. [Pub. Circ. 7B, Apr. 22, 1944, 9 F.R. 4384]

PUBLIC CIRCULAR NO. 14

(1) Acquisitions of securities not authorized in certain cases. No license or other authorization now outstanding or hereafter issued, unless expressly referring to this public circular, shall be deemed to authorize any blocked country or any national thereof to acquire, directly or indirectly, securities of any one issue of a corporation if the secu

rities so acquired together with the aggregate of all other securities held, directly or indirectly, by such blocked country or national, constitute more than three percent of the outstanding seIcurities of that issue. Banking institutions shall not effect any such acquisitions if they have reasonable cause to believe that the terms hereof are being violated.

(2) Reports required on Form TFR-14. Beginning with the quarter ending June 30, 1944, banking institutions shall file quarterly reports on Form TFR-14 with respect to securities of domestic corporations held for any blocked country or national thereof which aggregate, at the end of the quarter, one percent or more of the outstanding securities of the issue of which they form a part. A separate report for each blocked country or national shall be filed in duplicate with the appropriate Federal Reserve Bank on or before the end of the month following the calendar quarter. This reporting requirement shall be deemed to be in lieu of that required under any license now outstanding or hereafter issued so far as such license requires the filing of reports with respect to securities held for any blocked account or to the acquisition or sale of securities for any blocked account, unless such license specifically requires reports notwithstanding this circular.

(3) Sub-account regarded as part of entire account. For the purposes of this circular, securities in a sub-account shall be regarded as held for the national in whose name the entire account is maintained. [Pub. Circ. 14, Apr. 26, 1944, 9 F.R. 4462]

PUBLIC CIRCULAR NO. 24

Elimination of Corsica from definition of "enemy territory” in General Ruling No. 11. Reference is made to General Ruling No. 11, as amended, and to the definition of "enemy territory" in paragraph (4) (b) thereof.

Corsica shall no longer be deemed to be "enemy territory" within the meaning of that definition. Attention is directed, however, to the fact that Corsica continues to be territory of a blocked country. [Pub. Circ. 24, Jan. 25, 1944, 9 F.R. 940]

CODIFICATION: Public Circular No. 24 was revoked Nov. 4, 1944, 9 F.R. 13196.

PUBLIC CIRCULAR NO. 25

(1) Exemption from General Ruling No. 11 of certain communications with liberated Italy and certain acts and transactions. There are hereby ex