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a Stock Exchange, or the solicitor must
be satisfied that the transferor is resident
in the Sterling Area and not the nominee
of a person resident outside ;
or
(f)
The transfer is under a will or intestacy ;
or
(d)
The purchase must be made through a Stock
Exchange and payment received in the State
in an approved manner
(see
paragraph 2).
.
2.
Approved manners ofpayment.
The following manners of payment are appropriate
for securities to be issued or transferred to persons
resident outside the Sterling Area—
(1) U.S. or Canadian dollars ;
or
(2) Irish currency or sterling from an American
or Canadian Account; or -
(3) If the subscriber or transferee is not resident
in the American Account Area or Canada,
Irish currency or sterling from a transferable
account, or any specified currency ; or
(4) provided the security cannot be redeemed in
full within five years, Irish currency or
sterling from a blocked account.
A solicitor's bank will find out for him the type
of account on which a particular Irish currency
or sterling draft or cheque is drawn.
3.
Lodgments to Blocked Account.
Where a lodgment is being made to a blocked
account, in accordance with condition (2)
(c),
a
Form £.4. should be completed by the solicitor
and presented to the bank holding the account.
Copies of Form £.4. may be obtained from any
bank.
4.
Import and Export of Securities.
Sterling bearer securities (not including temporary
bearer securities such as renounceable letters of
allotment, acceptance or rights, or scrip certificates
to bearer) may be imported freely but may not be
exported except to a British Authorised Depositary.
All other Irish and sterling securities, including
temporary bearer securities, may be freely imported
and exported.
5.
Presentation of Documents to Registrars,
Registrars in Ireland and Great Britain have been
authorised to act on instructions received from
Irish solicitors, on the understanding that any
necessary Exchange control permission has been
obtained by the solicitors.
6.
Applicationsfor Exchange Control Permission.
Applications for Exchange Control permission
should be made by letter in duplicate addressed to
the Department of Finance, Exchange Control
Section;
where appropriate, approval will be
conveyed by endorsing one copy of the letter and
returning it to the applicant.
7.
Further Information.
For definitions of the terms " Sterling Area,"
" American
Account
Area "
and
" Specified
Currency " and for further information see Notice
1C No. 77 issued by the Department of Finance.
EXAMINATION RESULTS
At examiaations held on the 27th and 28th days of
January, 1956 under the Solicitors'Act, 1954, the,
following passed the examinations:—
First Examinations in Irish.
Michael G. Cody, Oliver J. Conlan, Michael B.
Creed, John G. Fish, Brian A. Garland, Michael
F. Gleeson, John O. Lee, Patrick J. Madigan,
Dermod X. Murphy, Brendan A. J. Murrin, Charles
L. McDonnell, Thomas F. O'Connell, Francis
J. O'Mahony, Christopher T. N. O'Meara, Evelyn
Phelan, Donald O. Stuart, Daire Walsh.
20 candidates attended ; 17 passed.
Second Examination in Irish.
Timothy D. Allman, Maureen P. Bourke, Peter
P. J. Gallery, Margaret T. C. Casey, B.A., Gerard
Charlton, B.A. ;
Brian Claffey, B.A. ;
Francis
J. Plunkett Dillon, Patrick A. Dorrian, John L.
Egan, William J. B. Fallen, Michael G. Fogarty,
Thomas J. Furlong, John F. Caravan, Patrick J. A.
Gearty, Niall C. Gibbons, John P. C. Goff, Daphne
M. Gordon, John L. F. Hayes, William D. J.
Hodgins, Brendan J. Jones, James J. Kelly, Donal
M. King, Edward A. G. Lane, Gregory A. Lynch,
John Molan, Gerard A. Murphy, Alan
J.
McGonagle, B.A., LL.B.; Edmond J. K. McGrath,
B.A.; John McKnight, B.A. ; Richard M. Neville,
B.A.; Carmel O'Connell, Walter B. O'Donoghue,
B.A., LL.B.; Mary O'Keefe, John Niall O'Sullivan,
Patrick C. Powell, Michael P. O. Purcell, Peter H.
Quinlan, Alban B. Rigney, Thomas A. Twomey.
40 candidates attended ; 39 passed.
GOLFING SOCIETY.
THE competition for the Captain's Prize (Mr. T. F.
McKeever) will be held at Portmarnock on Thursday
the 26th April, followed by the usual dinner and
it is expected that there will be a very big attendance.
The Enterprise (Interprovincial) Trophy will be
played at Killarney on Saturday i2th May (the