these transactions would, in ordinary course, have 
been carried ont throngh or with the London esta 
blishments. The pennission does not extend to any 
operations for the pnrposes of making available assets 
which would ordinarily be collected by, or of dischar- 
ging liabilities which would ordinarily be discharged 
by, establishments of the banks other than the London 
establishments. No new transactions of any kind save 
such as may be necessary or desirable for the pur- 
pose of the completion of the first-mentioned trans 
actions shall be entered into by or on behalf of the 
London establishments of the banks. 
2. The tmsiness to be transacted und er this 
permission shall be limited to such operations as may 
be necessary for making the realisable assets of the 
banks available for meeting their »liabilities, and for 
discharging these liabilities as far as may be practi- 
cable. 
3. All transactions carried out under this permis 
sion shall be Subject to the supervision and control 
of a person to he appointed for the purpose by the 
Treasury, who shall have absolute discretion: 
a) To refuse to permit any payment that may appear 
to him to be contrary to the Interests of the 
nation ; 
b) To permit any such new transactions as are in 
bis opinion necessary or desirable for the purpose 
of the completion of the transaction first mentio- 
ned in paragraph 1; 
c) To permit or to refuse to permit the completion 
of any particular transaction whatsoever. 
4. Any assets of the banks which may remain 
undistributed after their liabilities have, so far as 
possible in the circumstances, been discharged, shall 
be deposited with the Bank of England to the Order 
of the Treasury. 
The permission granted by me on the 10th day 
of August, 1914, is hereby revoked. 
R. McKENNA. 
One of His Majesty’s Principal Secretaries of State. 
Home Office, Whitehall, September 19, 1914. 
Annex III. 
Licences to Austrian Banks of August 13, 1914. 
In pursuance of the powers conferred on me by 
„The Aliens Restriction (No. 2) Order in Council, 1914,“ 
made on the 10th day of August, under „The Aliens 
Restrictions Act, 1914,“ I hereby permit 
The Oesterreichische Länderbank, 
The Anglo-Austrian Bank 
to carry on banhing business in the United Kingdom 
Subject to the following limitations, conditions, super- 
visions, and requirement as to the deposit of money 
and securities. 
1. That the permission shall extend only to the 
completion of the transactions of a banking character 
entered into before the 13th day of August, 1914, 
and that new transaction of any kind, save such as 
may be necessary or desirable for the purpose of the 
completion of the firstmentioned transactions shall be 
entered into by or on behalf of the British etablish- 
ments of the banks. 
2. That the business to be transacted under this 
permission shall be limited to such operations as may 
be necessary for making the realisable assets of the 
banks available for meeting their liabilities, and for 
discharging these liabilities as far as may be prac- 
ticable. 
3. That all transactions carried out under this 
permission shall be Subject to the supervision and 
control of a person to be appointed for the purpose 
by the Treasury, who shall have absolute discretion: 
a) To refuse to permit any payment that may appear 
to him to be contrary to the Interest of the nation; 
b) To permit any such new transactions as are in 
his opinion necessary or desirable for the purpose 
of the completion of the transactions first men- 
tioned in paragraph 1; 
c) To permit or to refuse to permit the completion 
of any particular transaction whatsoever. 
4. That any assets of the banks which may remain 
undistributed after their liabilities have, so far as pos 
sible in the circumstances, been discharged shall be 
deposited with the Bank of England to the Order of 
the Treasury. 
R. McKENNA, 
One of His Majesty’s Principal Secretaries of State. 
Home Office, Whitehall, August 13, 1914. 
Annex IV. 
Amended Licence to Austrian Banks of 
September 19, 1914. 
In pursuance of the powers conferred on me by 
„The Aliens Restriction (No. 2) Order in Council, 1914“, 
made on the 10th day of August, under „The Aliens 
Restriction Act, 1914“, I hereby permit: 
The Oesterreichische Länderbank, 
The Anglo-Austrian-Bank, 
to carry on banking business in the United Kingdom 
Subject the following limitations, conditions, supervisions 
and requirement as to the deposit of money and se 
curities: 
1. The permission shall extend only to the completion 
of the transactions of a banking character entered into 
before the 13th day of August, 1914, so far as those 
transactions would, in ordinary course, have been carried 
out throngh or with the London establishments. The 
permission does not extend to any operations for the 
pnrposes of making available assets which would or 
dinarily be collected by, or of discharging liabilities 
which would ordinarily be discharged by, establishments 
of the banks other than the London establishments. No 
new transactions of any kind save such as may T>e 
necessary or desirable for the purpose of the comple- 
tions of the first-mentioned transactions shall be en 
tered into by or on behalf of the London establishments 
of the banks.