The Exchange Control (Branches and Residence) Directions, 1951
EXPLANATORY NOTE
(This Note is not part of the Order, but is intended to indicate its general purport.) This Order revokes the Exchange Control (Branches) Order, 1947, which is replaced by the Exchange Control (Branches and Residence) Directions, 1951 (S.I. 1951 No. 962).

The Treasury, in pursuance of section 39 and subsection (2) of section 41 of the Exchange Control Act, 1947(a), (hereinafter called "the Act"), and of those sections as extended to the Channel Islands by the Exchange Contro...