le
Preamble
MR. LI: I move that the preamble be amended as set out
in the paper circulated to Members.
Propodsed
Preamble
amendment
That Preamble of the Bill be amended
By deleting paragraph (5) and substituting the following:
"(5)
for the better conduct of the business of the Deutsche Bank group of companies, it is expedient that provision be made for the merger of undertakings by which that business is carried on by merging into Deutsche Bank the undertaking of DB Asia and that that merger of undertakings should be facilitated without interference with the conduct and continuity of that business;"
By deleting paragraph (9) and substituting the following:-
"(9)
it is expedient to make provision to facilitate such merger insofar as it relates to that part of the undertaking of DB Asia which is governed by Hong Kong law or the transfer of which is governed by Hong Kong law or which is derived from the Hong Kong business of DB Asia."
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The amendment was agreed to.
Preamble, as amended, was agreed to.