Board of Trade, Nazi Victims Relief Trust, 1957-1960
Subject to 30 year closure
Administrative / biographical background:
The Nazi Victims Relief Trust was constituted in August, 1957 to administer a fund of £250,000 the residual proceeds of German enemy property which it was not practicable to distribute to pre-war creditors of Germany. The transfer of this money to the Trust from the Administrator of German Enemy Property was authorised by an Order in Council - Statutory Instrument 1957 No. 1525, Distribution of German Enemy Property (No. 3) Order. The Trust was administered by five trustees appointed by the President of the Board of Trade, to whom they submitted annual reports.
The objects of the Trust were to relieve the poverty, advance the education or otherwise come to the assistance of any persons who had suffered persecution on racial, religious or political grounds in any country in Europe then controlled by enemy powers. Grants were made both to individuals and to organisations having the same objects as the Trust.
The Trust was wound up in July, 1960 after all the money at its disposal had been distributed.
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