Exchange Control Act, 1954

Restrictions on export.

16.—(1) The exportation of—

(a) any gold,

(b) any certificate of title to a reserved security (including any such certificate which has been cancelled) or any document certifying the destruction, loss or cancellation of any such certificate, or

(c) any coupon,

is hereby prohibited except with the permission of the Minister.

(2) The exportation to any place not in Northern Ireland, Great Britain, the Channel Islands or the Isle of Man of—

(a) any notes issued by any bank in, or which are or have been legal tender in, any part of the scheduled territories,

(b) any foreign currency or any document of a kind intended to enable the person to whom it is issued to obtain foreign currency from some other person on the credit of the person issuing it,

(c) any policy of assurance, or

(d) any postal order,

is hereby prohibited except with the permission of the Minister.