cruing or incurred thereunder be affected by such variation, extension or revocation. compen 7. Whenever any property or the use thereof has been Fixing appropriated by His Majesty under the provisions of this sation. Act, or any order in council, order or regulation made thereunder, and compensation is to be made therefor and has not been agreed upon, the claim shall be referred by the Minister of Justice to the Exchequer Court, or to a Superior or County Court of the province within which the claim arises, or to a judge of any such court. 8. Any ship or vessel used or moved, or any goods, Forfeitures. wares or merchandise dealt with, contrary to any order or regulation made under this Act, may be seized and detained and shall be liable to forfeiture, at the instance of the Minister of Justice, upon proceedings in the Exchequer Court of Canada or in any Superior Court. 9. Every court mentioned in the two preceding sections Procedure. shall have power to make rules governing the procedure upon any reference made to, or proceedings taken before, such court or a judge thereof under the said sections. 10. The Governor in Council may prescribe the penalties Imposing that may be imposed for violations of orders and regulations penalties. made under this Act, but no such penalty shall exceed a fine of five thousand dollars or imprisonment for any term not exceeding five years, or both fine and imprisonment, and may also prescribe whether such penalty be imposed upon summary conviction or upon indictment. arrested 11. No person who is held for deportation under this Release of Act or under any regulation made thereunder, or is under alien arrest or detention as an alien enemy, or upon suspicion forbidden. that he is an alien enemy, or to prevent his departure from Canada, shall be released upon bail or otherwise discharged or tried, without the consent of the Minister of Justice. etc., of resi 12. Section 3 of the Immigration Act, chapter 27 of Deportation the statutes of 1910, is amended by adding thereto the dents leaving following subsection: Canada to assist "2. No resident of Canada, whether he is a Canadian enemy. citizen or not, and whether he has a Canadian domicile or not, who leaves Canada to perform any military or other service for any country then at war with His Majesty, or for the purpose of aiding or abetting in any way His Majesty's enemies, shall he permitted to land in Canada, Increasing Northwest Police. or remain therein, except with the permission of the Minister. If any such person is also prosecuted for any offence of which he may have been guilty, he shall be liable to undergo any punishment imposed upon him under such prosecution before he is deported." 13. Notwithstanding the provisions of section 8 of the Royal Northwest Mounted Police Act, Revised Statutes, 1906, chapter 91, the Governor in Council may from time to time authorize the appointment of such number of constables, supernumerary constables, scouts and boys, in addition to the numbers limited by the said section, as he thinks necessary. OTTAWA: Printed by JOSEPH DE LABROQUERIE TACHÉ, Law Printer CHAP. 3. An Act to conserve the Commercial and Financial interests of Canada. [Assented to 22nd August, 1914.] WHE HEREAS for the purposes set forth in an order in Preamble. council of the third day of August, 1914, advances to the chartered banks in the form of an issue of Dominion notes, were authorized to be made against deposits by the banks with the Minister of Finance of such securities as might be approved by the Minister, such advances to be repayable not later than the first day of May, 1915, with interest at a rate, to be approved by the Minister, not less than five per cent per annum; and whereas under the authority of an order in council of the same date, the chartered banks were authorized to make payment in bank notes instead of gold or Dominion notes until further official announcement in that behalf, and were also authorized to issue from the date of the said order in council, and until further announcement, excess circulation to amounts not exceeding fifteen per cent of the combined unimpaired capital and rest or reserve fund of the respective banks, as stated in their respective statutory monthly returns to the Minister for the month immediately preceding that in which the additional amount is issued; and whereas under authority of an order in council dated the tenth day of August, A. D. 1914, the redeeming in specie of Dominion notes was suspended; and whereas it is expedient that the said orders in council be confirmed: Therefore His Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows: 1. This Act may be cited as The Finance Act, 1914. Short title. Definitions. "Minister" "Excess circulation". Confirmation of orders in council cited 2. In this Act, unless the context otherwise requires, (a) "Minister" means the Minister of Finance; (b) "excess circulation" means the amount of the notes of a bank in circulation in excess of the amount of the notes of that bank which may be issued pursuant to subsections 1 and 3 of section 61 of The Bank Act. 3. The issue of Dominion notes, and all things done under the provisions of the orders in council cited in the in preamble. preamble, are hereby confirmed and shall be deemed to have been duly authorized, and the said orders in council shall continue in force until the fifteenth day of September, 1914: Provided always that the Governor in Council may at any time by a proclamation published in The Canada Gazette revoke the said orders in council, or any of them, or any of the provisions in the said orders contained, but such revocation shall not affect the previous operation of any such order or anything duly done thereunder, or affect any right, privilege, obligation or liability acquired, accrued, accruing or incurred thereunder. Power to issue proclamation 4. In case of war, invasion, riot or insurrection, real or apprehended, and in case of any real or apprehended in emergency. financial crisis, the Governor in Council may, by procla mation published in The Canada Gazette, Advances by issue Dominion notes authorized. Payment in notes by Banks. Issue of excess circulation by Banks. (a) authorize the making of advances to the chartered banks and to the savings banks to which The Quebec Savings Banks Act, 1913, applies, by the issue of Dominion notes upon the pledge of securities, deposited with the Minister, of such kind and amount as may be approved by the Treasury Board; such advances to be repayable at such times as the Board may determine with interest at a rate likewise determined by the Board of not less than five per cent per annum; (b) authorize the chartered banks to make payments in the bank notes issued by such banks instead of in gold or Dominion notes, but the total amount of the notes of any chartered bank in circulation at any time shall not exceed the amount of its notes issuable under the provisions of The Bank Act and of clause (c) of this subsection; (c) authorize the several chartered banks to issue excess circulation, from and including the first day of March in any year, to and including the last day of August next ensuing, or during any part of such period, to amounts not exceeding fifteen per cent of the combined unimpaired capital and rest or reserve fund of the respective banks, as stated in their respective statutory monthly returns to the Minister for the month immediately preceding that in which the additional amount is issued; (d) suspend the redemption in gold of Dominion notes; Suspend and redemption. (e) authorize, in so far as the same may be within the Moratorium. legislative authority of the Parliament of Canada, the postponement of the payment of all or any debts, liabilities and obligations however arising, to such extent, for such time and upon and subject to such terms, conditions, limitations and provisions as may be specified in the proclamation. for 2. The securities deposited with the Minister under this Security section shall, as respects the Dominion notes issued here- redemption. under, be deemed to be the security required to be held by the Minister under section 5 of The Dominion Notes Act, 1914. 3. A tender by a bank of its notes in payment of any of its Tender. liabilities, when a proclamation made under clause (b) of the first subsection of this section is in force, shall be a sufficient and valid tender, and the payment at such time by a bank of any of its liabilities with its notes shall be as sufficient and valid a payment as if the same had been made in specie Payment. or Dominion notes: Provided in either case the total amount of the notes of the bank in circulation at that time, including in case of tender the amount tendered, does not exceed the amount of notes of the bank issuable under the provisions of The Bank Act and of clause (c) of said subsection. 4. Subsection 16 of section 61 of The Bank Act shall apply Excess to the excess circulation issued under the authority of this section, and interest shall accordingly be payable thereon as if such excess circulation had been excess circulation issued under the authority of said section 61. circulation. 5. No proclamation issued under the provisions of this Duration of proclamation. section shall continue in force for more than thirty days after the beginning of the first session of Parliament held after the issue thereof, unless it is approved by resolution passed by both Houses of Parliament. extending tions. 6. Any proclamation made under the provisions of this Varying, section may be varied, extended or revoked by any sub- and revoking sequent proclamation, and separate proclamations may be proclamamade dealing with separate subjects; but if any proclamation is varied, extended or revoked neither the previous operation thereof nor anything duly done thereunder shall be affected thereby, nor shall any right, privilege, obligation or liability acquired, accrued, accruing or incurred thereunder be affected by such variation, extension or revocation. 5. The Governor in Council may make regulations, not Regulations. inconsistent with this Act, with regard to advances to the chartered banks, and to the said savings banks, the terms and conditions |