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Færöernes Kundgörelsessamling - 31.03.1941 - Tímarit.is
1. árgangur 19402. árgangur 19413. árgangur 19424. árgangur 19435. árgangur 19446. árgangur 19457. árgangur 19468. árgangur 1947
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19 27. Marts. Nr. 13. Agreement between His Britannic Majesty’s Government and te Administration of te Faroe Islands, for Regu* lating te Financial Relations between te United Kingdom and te Faroe Islands. I Overensstemmelse med Vedta- gelse af Lagtingets Landsnævn er der Dags Dato indgaaet følgende britisk-færøsk Overenskomst: 1. A joint Anglo-Faroese Com- mittee of Three shall be set up and maintained in Thorshavn for te purpose of advising on te Faroese trade and foreign exchange position and of assisting in te execution of te present Agree- ment. 2. Te Faroese authorities shall impose quantitative limitation on imports of all commodities from all sourees, embodying such re- strictions as are unavoidable under war conditions. Every endeavour shall be made to supply te re- quirements of te Faroe Islands within these limits from British sourees. Where this is not possible His Majesty’s Government in te United Kingdom shall make te requisite foreign exchange available to Faroese importers on te same terms as to British importers, due aceount being taken of te foreign exchange in, or coming into, te possession of persons resident in te Faroe Islands. 3. Foreign exchange will not be provided for imports solely on te ground of favourable price without regard to te relative foreign ex- change difficulties attaching to dif- ferent sourees. If case arise where te gap between two prices is unreasonable wide te Committee of Three in Thorshavn will make recommendations. 4. Applications for foreign ex- change, including sterling, shall be considered by te Committee of Three in Thorshavn. Te Govern- ment of te United Kingdom re- serve final decisions on applications to themselves but te recommen- dations of te Committee will nor- mally be accepted. 5. Te Faroese authorities shall impose measures: — (a) prohibiting te import and ex- port of currency; and te ex- port of foreign securities and gold; (b) prohibiting te transfer of lo- cal currency to a non-resident; (c) requiring that any foreign ex- change including sterling in, or coming into possession of persons resident in te Faroe Islands shall be surrendered either to te Føroya Banki or Sjovinnubankin, who may buy outright at official rates or hold on blocked account; (d) providing for te supply of foreign exchange including sterling only for permitted im- ports and for no other pur- poses except those for which express permission is given. An import license will not be operative unless and until te
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