Exchange Control Act, 1954

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Number 30 of 1954.


EXCHANGE CONTROL ACT, 1954.


ARRANGEMENT OF SECTIONS

PART I.

Preliminary and General.

Section

1.

Short title.

2.

Commencement and duration.

3.

Interpretation.

PART II.

Dealings in Gold and Foreign Currency.

4.

Dealings in gold and foreign currency.

PART III.

Payments.

5.

Restrictions on payments to persons resident outside the scheduled territories.

6.

Restrictions on payments to persons resident in the scheduled territories.

7.

Payments, etc., by authorised dealers.

PART IV.

Securities.

8.

Issue of securities.

9.

Transfer of securities, annuities and policies of assurance.

10.

Issue of bearer certificates and coupons.

11.

Substitution of securities and certificates outside the scheduled territories.

12.

Payment of capital moneys outside the scheduled territories.

13.

Duties of persons keeping registers.

14.

Deposit of securities.

PART V.

Import and Export.

15.

Restrictions on import.

16.

Restrictions on export.

17.

Payment for exports.

PART VI.

Enforcement.

18.

Application of the Customs Acts.

19.

Search and seizure.

20.

Offences, prosecutions and punishments.

21.

Continued non-compliance.

22.

Summary proceedings.

PART VII.

Miscellaneous.

23.

Collection of debts.

24.

Restriction on certain loans.

25.

Permissions.

26.

Directions.

27.

Exemptions.

28.

Delegation.

29.

Service.

30.

Regulations.

31.

Additional authorised dealers and authorised depositaries.

32.

Application to the State.

33.

Expenses and disposal of moneys received.

34.

Repeal and transitional provisions.

FIRST SCHEDULE.

Authorised Dealers.

SECOND SCHEDULE.

Authorised Depositaries.

THIRD SCHEDULE.

Reserved Securities.


Acts Referred to

Finance Act, 1938

No. 25 of 1938

Post Office (Amendment) Act, 1951

No. 17 of 1951

Supplies and Services (Temporary Provisions) Act, 1946

No. 22 of 1946

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Number 30 of 1954.


EXCHANGE CONTROL ACT, 1954.


AN ACT TO CONFER POWERS, AND IMPOSE DUTIES AND RESTRICTIONS, IN RELATION TO GOLD, CURRENCY, PAYMENTS, SECURITIES, DEBTS, AND THE IMPORT, EXPORT AND TRANSFER OF PROPERTY, AND FOR PURPOSES CONNECTED WITH THE MATTERS AFORESAID. [9th December, 1954.]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:—