Providing for the payment, transfer, delivery, administration, and realization of enemy property:

Providing for the disposal and distribution of enemy property and the proceeds thereof and any income therefrom:

Giving effect to the provisions of any international agreement to which New Zealand now is or hereafter becomes a party so far as the agreement relates to any enemy property and to claims against any enemy State.

Conferring and imposing on the Custodian such powers, discretions, and duties in connection with enemy property as may be prescribed by any regulation or order:

Providing for the payment or transfer to and the vesting in the Custodian of any enemy property not already held by or vested in him; and discharging any person from liability in respect of things done or omitted to be done in relation to property transferred by him to the Custodian:

Providing for the release, payment, or transfer of any enemy property to any person appearing to the Custodian to be entitled thereto:

Providing for the payment of any moneys at any time held by the Custodian into the Consolidated Fund by way of reparations or otherwise:

Providing for the payment or transfer of any enemy property held by the Custodian for or on behalf of the nationals of, or persons resident in the territories of, any State to the Government of that State or to any Consular Officer or agent of that Government:

Providing for the calling for claims by New Zealand nationals or persons resident in New Zealand against any enemy State or any former enemy national and the satisfaction of those claims out of enemy property held on account of the enemy State or nationals of the enemy State against which, or against the nationals of which, the claims are made:

Providing for the determination of the question whether any such claim is established for the purposes of any regulation or order wholly or in part and of the amount payable in respect thereof:

Providing for the charging by the Custodian of commission and fees in respect of enemy property and in respect of any claims made as aforesaid:

Providing for the investment of moneys held by the Custodian and the interest (if any) to be allowed in respect thereof:

Providing for the amendment, variation, or revocation of any licence in respect of copyright granted by the Registrar of Copyright pursuant to the Patents, Designs, Trade Marks, and Copyright Emergency Regulations 1940; and for conferring and imposing on the Registrar of Copyright or the Custodian such powers, discretions, and duties in respect of any such amendment, variation, or revocation as may be prescribed by the order:

Prescribing penalties for offences against the regulations not exceeding, in the case of an individual, a fine of one hundred pounds or imprisonment for a term of three months or both, and, in the case of a body corporate, a fine of five hundred pounds.

Exclude from the application of any regulation or order such classes of enemy property and claims as may be prescribed by the regulation or order or as may be determined by any Minister of the Crown or by the Custodian:

Differentiate between different classes of claims, as regards the priority in which payments are to be made and the extent of the payments.

Pay, transfer, or deliver any enemy property to any person appearing to the Custodian to be entitled thereto:

Pay, transfer, or deliver any enemy property held by the Custodian for or on behalf of any national of, or person resident in the territory of, any State to the Government of that State or to any Consular Officer or agent of that Government.

Every reference to New Zealand shall be construed as a reference to the Cook Islands:

Every reference to the Custodian of Enemy Property or the Custodian shall be construed as regards the Cook Islands other than Niue as a reference to the Resident Commissioner of Rarotonga and as regards the Island of Niue as a reference to the Resident Commissioner of Niue:

Every reference to the Public Account shall be construed as a reference to the Cook Islands Treasury:

Every reference to the Crown shall be construed as a reference to His Majesty in respect of the government of the Cook Islands:

Every reference to the Emergency Regulations 1939 shall be construed as a reference to those regulations (including amendments thereof) so far as they have been or are at any time applied to the Cook Islands by the Dependency Emergency Regulations (No. 2) 1939 and the Cook Islands Applied Regulations Order 1947 and any other enactment or order.

Every reference to New Zealand shall be construed as a reference to Western Samoa:

Every reference to the Custodian of Enemy Property or the Custodian shall be construed as a reference to the Public Trustee of Western Samoa:

Every reference to the Public Account shall be construed as a reference to the Samoan Treasury:

Every reference to the Crown shall be construed as a reference to the Government of Western Samoa:

Every reference to the Attorney-General or any Minister of the Crown shall be construed as a reference to the High Commissioner of Western Samoa:

Every reference to the Emergency Regulations 1939 shall be construed as a reference to those regulations (including amendments thereof) so far as they have been or are at any time applied to Western Samoa by the Dependency Emergency Regulations (No. 2) 1939 and the Samoa Applied Regulations Order 1947 and any other enactment or order.