
1 
Italy shall for all the purposes of the Act and for the purposes of any Order made thereunder cease to be treated as if it were enemy territory.
2 
Notwithstanding anything contained in Section 1 of the Act any person may trade within Italy with any individual or body of persons (whether corporate or unincorporate) resident or carrying on business therein.
3 
This Order shall come into force on the 3rd day of February, 1948.
4 
This Order may be cited as the Trading with the Enemy (Enemy Territory Cessation) (Italy) Order, 1948.
H. S. Gregory
An Under-Secretary of the Board of Trade
Dated this 31st day of January, 1948