Exchange Control (Amendment) Regulations, 1958.

Statutory Instrument No.40/1958
Date06 February 1958

S.I. No. 40 of 1958.

EXCHANGE CONTROL (AMENDMENT) REGULATIONS, 1958.

I, SÉAMAS Ó RIAIN, Minister for Finance, in exercise of the powers conferred on me by sections 4 , 27 and 30 of the Exchange Control Act, 1954 (No. 30 of 1954), hereby make the following regulations :

1.—(1) These Regulations may be cited as the Exchange Control (Amendment) Regulations, 1958.

(2) The Principal Regulations, the Exchange Control (Amendment) Regulations, 1955 ( S.I. No. 186 of 1955 ), and these Regulations may be cited as the Exchange Control Regulations, 1955 to 1958.

(3) These Regulations shall come into operation on the 10th day of February, 1958.

2. In these Regulations " the Principal Regulations " means the Exchange Control Regulations, 1955 ( S.I. No. 129 of 1955 ).

3. Article 10 of the Principal Regulations is hereby amended as follows :

(i) in paragraph (b) " where the value of the goods exceeds £250, the person resident in the State furnishes to the authorised dealer through whose agency the payment is to be made, before the payment is made " shall be substituted for " before the payment is made, the person resident in the State furnishes to the authorised dealer through whose agency the payment is to be made "

(ii) in clause II of subparagraph (v) of paragraph (b) and in subclause (B) of clause (II) of subparagraph (vi) of paragraph (b) " the value of the goods exceeds £25 and " shall be deleted,

(iii) for clause (III) of subparagraph (v) of paragraph (b) there shall be substituted :

" (III) where the goods have been imported by parcel post and have not been entered to Customs in the State, the portion of the wrapper of the parcel bearing the sender's Customs declaration and the address label or the parcel ;"

(iv) for subclause (C) of clause (II) of subparagraph (vi) of paragraph (b) there shall be substituted :

" (C) where the goods are imported by parcel post and have not been entered to Customs in the State, the portion of the wrapper of the parcel bearing the sender's Customs declaration and the address label of the parcel ;"

(v) after paragraph (c) there shall be inserted :

" (cc) where the value of the goods does not exceed £250. the person resident in the State furnishes to the authorised dealer through whose agency the payment is to be made, before the payment is made, the relative settlement invoice issued by the person to whom payment is to be made or the relative account sales, as appropriate, or other evidence of the...

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