Exchanges, Regimental

Exchanges, Regimental. The Sovereign may from time to time by regulation authorize exchanges by officers from one regiment to another [(English) Regimental Exchanges Act, 1875]. Under the Army Act, s. 155 (3), any person who negotiates, acts as agent for, or otherwise aids or connives at any exchange, not so authorized, in respect of which any sum of money or other consideration is given or received, is liable on conviction to a fine of 100l., or to imprisonment, and if an officer, on conviction by Court-martial, to be dismissed the service.