THE HONGKONG GOVERNMENT GAZETTE, DECEMBER 1, 1911.

(b.) A partner shall not be entitled to dissolve a regis-

tered partnership by notice.

to apply

7. Subject to the provisions of this Ordinance, the Law as to Partnership Ordinance, 1897, and the rules of equity and private of common law applicable to partnerships, except so far partnership as they are inconsistent with the express provisions of the where not last mentioned Ordinance, shall apply to partnerships and inconsistent partners registered under this Ordinance.

with this Ordinance.

8. The registration of a partnership under this Or- Manner and dinance shall be effected by delivering to the Registrar of particulars Companies a statement sigued by such of the partners and of registra- hung kú shareholders as desire to be registered under this Ordinance containing the following particulars :-

(a.) The partnership name ;

(5.) The general nature of the business ;

(e.) The principal place of business ;

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(d) The full name and address of each of the part- ners and hung kú shareholders who desires to be registered under this Ordinance ;

(e.) The term, if any, for which the partnership is entered into, and the date of its commence-

ment:

(A) The total capital of the partnership and the amount of such capital which has been paid up ; (g.) The sum contributed by cach partner who desires to be registered under this Ordinance, and whether paid in cash or how otherwise; (4.) The proportion which the interest in the part- nership of each partner who desires to be re- gistered under this Ordinance bears to the in- terests of all the partners, whether registered or unregistered, in the partnership ;

(.) The interest in the firm of any hung kú share- holder who desires to be registered as such under this Ordinance.

tion.

9.-(.) If during the continuance of a registered Registration partnership any change is made or occurs, whether by of changes in reason of the death of a registered or unregistered partner or otherwise howsoever, in :-

(a) the firm name,

(b) the general nature of the business,

(c.) the principal place of business,

(d.) the registered partners or the name of any re

gistered partner,

(c.) the term or character of the partnership, (f.) the sum contributed by any registered partner, (g) the proportion which the interest in the partner- ship of any registered partner bears to the in- terests of all the partners, whether registered or unregistered, in the partnership,

a statement, chopped with the chop of the partnership and signed by the manager or in his absence by one or more of the registered partners, specifying the nature of the chauge shall within fourteen days be delivered to the Registrar of Companies.

(2.) If default is made in compliance with the require- ments of this section such manager and all the registered partners who cannot prove that they were ignorant of the change shall, on summary conviction before a Magistrate, be liable to a fine not exceeding ten dollars for cach day Provided that no during which the default continues. person shall be liable to pay a fine exceeding a total sum of five hundred dollars.

partnerships.

butions

10. The statement of the amount contributed by a re- Ad valorem gistered partner, and a statement of any increase in that stamp duty amount, sent to the Registrar for registration under this 9 contri- Ordinance, shall be charged with an ad valorem stamp duty by registered of $1 for every $500 or portion of every $500 up to partners. $10,000, and $1 for every $1,000 or portion of $1,000 on the next $15,000 and 50 cents for every $1,000 or portion of -$1,000 on sums above $25,000 of the amount so con-

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