A BILL
то
Amend the Companies Ordinance.
ANNEX B TO XCR(74)123
Enacted by the Governor of Hong Kong, with the
advice and consent of the Legislative Council thereof.
Short title and
commencement.
(Cap. 57.).
1. This Ordinance may be cited as the Companies
(Amendment) (No. 2) Ordinance 1974 and shall come into
operation on the day, appointed by the Governor by
notice in the Gazette for the purposes of section 20C(1)
of the Employment Ordinance.
Amendment of section 265. (Cap. 32.)
2.
amended
1.
Section 265 of the principal Ordinance is
(a) in subsection (1) by inserting after
paragraph (c) the following new paragraph -
(Cap. 57.)
"(ca)
any severance payment payable to
an employee under the Employment
Ordinance, not exceeding in respect
of each employee six thousand
dollars; ";
(b) in subsection (3) by deleting "and (c)" and
substituting the following
", (c) and (ca)"; and