22 U.S.C. § 1382 : US Code - Section 1382: Administration of the Trading With the Enemy Act in Philippines

Search 22 U.S.C. § 1382 : US Code - Section 1382: Administration of the Trading With the Enemy Act in Philippines

The Trading With the Enemy Act of October 6, 1917 (40 Stat. 411),
as amended, shall continue in force in the Philippines after July
4, 1946, and all powers and authority conferred upon the President
of the United States or the Alien Property Custodian by the terms
of the said Trading With the Enemy Act, as amended, with respect to
the Philippines, shall continue thereafter to be exercised by the
President of the United States, or such officer or agency as he may
designate: Provided, That all property vested in or transferred to
the President of the United States, the Alien Property Custodian,
or any such officer or agency as the President of the United States
may designate under the Trading With the Enemy Act, as amended,
which was located in the Philippines at the time of such vesting,
or the proceeds thereof, and which shall remain after the
satisfaction of any claim payable under the Trading With the Enemy
Act, as amended, and after the payment of such costs and expenses
of administration as may by law be charged against such property or
proceeds, shall be transferred by the President of the United
States to the Republic of the Philippines: Provided further, That
such property, or proceeds thereof, may be transferred by the
President of the United States to the Republic of the Philippines
upon indemnification acceptable to the President of the United
States by the Republic of the Philippines for such claims, costs,
and expenses of administration as may by law be charged against
such property or proceeds thereof before final adjudication of such
claims, costs, and expenses of administration: Provided further,
That the courts of first instance of the Republic of the
Philippines are given jurisdiction to make and enter all such rules
as to notice or otherwise, and all such orders and decrees, and to
issue such process as may be necessary and proper in the premises
to enforce any orders, rules, and regulations issued by the
President of the United States, the Alien Property Custodian, or
such officer or agency designated by the President of the United
States pursuant to the Trading With the Enemy Act, as amended, with
such right of appeal therefrom as may be provided by law: And
provided further, That any suit authorized under the Trading With
the Enemy Act, as amended, with respect to property vested in or
transferred to the President of the United States, the Alien
Property Custodian, or any officer or agency designated by the
President of the United States hereunder, which at the time of such
vesting or transfer was located within the Philippines, shall after
July 4, 1946, be brought, in the appropriate court of first
instance of the Republic of the Philippines, against the officer or
agency hereunder designated by the President of the United States
with such right of appeal therefrom as may be provided by law, but
suits with respect to such property shall after ninety days from
December 21, 1950, be brought only in the courts of the United
States.