Commonwealth Consolidated Regulations

TREATY OF PEACE REGULATIONS - REG 46A

The Custodian shall not sell to any purchaser any property where:

(a)

The property is, in the opinion of the Custodian, of the value of more than £250,000; or

(b)

the property, together with all property in New Guinea which the purchaser already owns, or is beneficially entitled to, or is in process of purchasing, is, in the opinion of the Custodian, of the aggregate value of more than £250,000.