816 THE HONG KONG GOVERNMENT GAZETTE, NOVEMBER 18, 1932.
Froduction of bills, notes, &c. R269. Ordinance No. 3 of 1885.
Dividend may be sent by post. R270.
Payment of dividends to
a nominee.
R271.
Form of Register. Form 117.
*
and gazette the same, and shall also send a notice of dividend to each creditor whose proof has been admitted.
(4) If it becomes necessary, in the opinion of the trustee and the committee of inspection, to postpone the declaration of the dividend beyond the prescribed limit of one month, the trustee shall gazette a fresh notice of his intention to declare a dividend; but it shall not be necessary for such trustee to give a fresh notice to such of the creditors mentioned in the bankrupt's statement of affairs as have not proved their debts. In all other respects the same pro- cedure shall follow the fresh notice as would have followed the original notice.
124. Subject to the provisions of section 70 of the Bills of Exchange Ordinance, 1885, and subject to the power of the court in any other case on special grounds to order production to be dispensed with, every bill of exchange, promissory note, or other negotiable instrument or security, upon which proof has been made, shall be exhibited to the trustee before payment of dividend thereon, and the amount of dividend paid shall be indorsed on the instrument.
125. The amount of the dividend may, at the request and risk of the creditor, be transmitted to him by post.
126. If a person to whom dividends are payable desires that they shall be paid to some other person he may lodge with the trustee a request to that effect which shall be a sufficient authority for payment of the dividend to the person therein named.
Registration of General Assignments of Book Debts.
127.—(1) The Registrar shall keep a register for the purpose of section 48 of the Ordinance, and shall on request and on the filing of a duly attested copy of an assignment of existing or future book debts or any class thereof from a person engaged in any trade or business to any other person, and production of the original thereof, and deposit of a certified English translation thereof when the original is in a foreign language, enter particulars of such assignment in the register. Such registration shall be effected before the commencement of the bankruptcy; other- wise the assignment shall be void and of ทง effect as against the assignor's trustee in bank- ruptcy. The register shall contain the name, residence and occupation of the persons by whɔm and to whom the assignment was made and given, and the other particulars shown in the said form or prescribed under these rules and all such assign- ments registered in each year shall be numbered consecutively according to the respective dates of their registration.
(2) The Registrar shall also keep an index of the names of the assignors under such assignments. Such index shall be arranged in divisions correspond- ing with the letters of the alphabet, so that all assignors whose surnames begin with the same letter, and no others, shall be comprised in one division but the arrangement within each such division need not be alphabetical.
(3) The fees mentioned in the appendix to these rules and such other fees as may be hereafter prescribed shall be paid to the Registrar.