I hereby give My sanction to the Imperial Ordinance concerning the partial amendments of the Imperial Ordinance No. 294 of 1946 (on Returning, etc. of Allied Nation's Property) under the Imperial Ordinance No. 542 of 1945 relating to the Orders to be issued in consequence of the Acceptance of the Potsdam Declaration, and cause the same to be promulgated.
Signed: HIROHITO, Seal of the Emperor
This seventh day of the second month of the twenty-second year of Showa (February 7, 1947)
Countersigned: Prime Minister YOSHIDA Shigeru
Minister for Home Affairs UEHARA Etsujiro
Minister of Finance ISHIBASHI Tanzan
Imperial Ordinance No. 46
The following partial amendments shall be made to the Imperial Ordinance No. 294 of 1946.
Article 1. The Allied Nation's Property as mentioned in this Ordinance shall be stipulated as follows:
1. Property which has been placed under custody by administrator as prescribed in paragraph 1, Article 1 of the Hostile Property Administration Law.
2. Property which has been owned by Allied Powers or Allied Nationals before enforcement of this Ordinance and designated by the Minister of Finance in conformity with the demand of the Supreme Commander for the Allied Powers, save those as mentioned in the preceding item.
The limit of Allied Powers or Allied Nationals in item 2 of the preceding paragraph shall be designated by the Minister of Finance.
The designation as prescribed in item 2, paragraph 1 shall be made by Notification.
In paragraph 1, Article 2 "on and after December 8, 1941," shall be deleted, and "The owner thereof at 00.00 o'clock of the day" shall be amended as "The Allied Powers or Allied Nationals who was original owner."
The following paragraph shall be added to Article 2:
The adjustment of rights between the persons concerned and other necessary matters in case of paragraph 1 shall be decided by the Minister of Finance, save those as prescribed in the preceding paragraph.
Supplementary Provisions:
The present Ordinance shall come into force as from the day of its promulgation.
In case where the property once owned by Allied Powers or Allied Nationals was restituted to the Allied Powers or Allied Nationals, original Owners, before enforcement of this Ordinance in conformity with the demands of the Supreme Commander for the Allied Powers, save in case the Order was issued as prescribed in paragraph 1, Article 2 of the Ordinance No. 294 of 1946, the said measure shall be regarded as taken in conformity with the Order as prescribed in the same paragraph.