Annex A

A BILL

To

Provide for the corporate status in Hong Kong of bodies established or

formerly established under the laws of certain territories

outside Hong Kong.

Enacted by the Governor of Hong Kong, with the advice and

consent of the Legislative Council thereof.

1.

Short title

This Ordinance may be cited as the Foreign Corporations

Ordinance.

2.

Recognition of corporate status of certain foreign corporations

(1) If at any time

(a)

(b)

a question arises as to whether a body, which purports

to have or which appears to have lost corporate status

under the laws of a territory outside Hong Kong which

is not at that time a recognized State, should or

should not be regarded as having legal personality as

a body corporate under the law of Hong Kong; and

it appears that the laws of that territory are at that

time applied by a settled court system in that

territory,

that question and any other material question relating to the body

shall be determined (and account shall be taken of those laws) as if

that territory were a recognized State.

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