Republic of the Philippines

“ There is hereby established a Foreign Funds Control Office under the Department of Finance with authority, during the existence of the national emergency resulting from the war or so long as it may be necessary in the public interest, to exercise financial control over, and to investigate, regulate, direct and compel, nullify, void, prevent or prohibit any holding of, or dealing in, or exercising of any right, power or privilege with respect to any property within the Philippines or any transaction involving such property in which any enemy country or national thereof has any interest. ”

“ Any foreigner who directly or indirectly, or who there is reasonable cause to believe directly or indirectly, levied war against the United States or the Commonwealth of the Philippines, or adhered or gave aid or comfort to an enemy country, during the war ”

“ Any person violating any provisions of this Act shall, upon conviction, be punished by a fine of not exceeding twenty thousand pesos or by imprisonment of not exceeding ten years, or both, in the discretion of the court.
Section 6. To carry out the purposes of this Act, there is hereby appropriated out of any funds in the Treasury of the Philippines not otherwise appropriated the sum of fifty thousand pesos, to be expended upon the recommendation of the Secretary of Finance with the approval of the President. ”