477

(2.) All

acts done within the limits of the China Acts done (Companies) Order-in-Council, 191, in pursuance of the by or before

Shanghai provisions of the Companies Ordinances by, 10, with, or Registrar before the Registrar of Companies at Shanghai shall, sub- of same ject to the provisions of the China (Companies) Order-in validity as if Conncil, 191 be of the same force and validity as if they had been done by, to, with, or before the Registrar of Hongkong Companies.

done by or before

Registrar.

(3.) All documents and other written information which Documents a company is required by the Companies Ordinances to file in case

of China with the Registrar of Companies shall in the case of a

Company to China Company be filed with the Registrar of Companies be filed with at Shanghai, and a copy of all such documents and other Shanghai written information shall in the case of a Hongkong Registrar: China Company be filed with the Registrar of Companies of Hongkong at Shanghai.

and in case

China Company copies of same to be similarly filed.

(4.) All fees which a company is required by the Com- Fees in case panies Ordinances to pay to the Registrar of Companies of China shall in the case of a China Company be paid to the Registrar of Companies at Shanghai."

Company to be paid to Shanghai Registrar.

4.-(1.) (a.) Every China Company which for the time Transfer being is on the Register in Hongkong shall be transferred from one to the Register at Shanghai, and every Hongkong China Register to Company which for the time being is on the Register at Shanghai shall be transferred to the Register in Hongkong.

(b.) In the case of any such transfer, upon the posting or despatch by the Registrar of the Register on which such company for the time being is of the documents and records of such company filed in such Register the com- pany shall, subject to any order of the Court which may be made in that behalf, be deemed to have been transferred to the Register at Shanghai or to the Register in Houg- kong as the case may be.

(2.)–(a.) Every Hongkong China Company, and every China Company, which shall be in existence at the com- mencement of this Ordinance, shall within two months after the commencement of this Ordinance send notice in writing to the Registrar of Companies and to the Registrar of Com- panies at Shanghai of the place from which its operations are directed and controlled.

(b.) Every Hougkong China Company, and every China Company, which shall be incorporated after the commence- ment of this Ordinance shall on or before the date of delivery for registration of its memorandum and articles send notice in writing to the Registrar of Companies and to the Re- gistrar of Companies at Shanghai of the place from which its operations are intended to be directed and controlled.

(c.) Every Hongkong China Company and every China Company, whether incorporated before or after the com- mencement of this Ordinance, shall in the event of any change occurring in the place from which its operations are directed and controlled, send notice in writing of such change to the Registrar of Companies and to the Registrar of Companies at Shanghai, within one month of such change occurring.

(d.) If any company to which the sub-section applies fails to comply with its provisions the company and every director, officer and agent of the company who is knowingly a party to the default shall be liable to a fine not exceeding fifty dollars for each day during which the default con- tinues.

another.

Notices to be given by companies.

company.

(3.)-(a.) Upon the receipt of any such notice by the Transfer on Registrar of the Register in which the documents and notice by records of the company in question are filed such Regis- trar shall proceed to determine whether the company shall remain on such Register or shall be transferred from such Register to the Register at Shanghai or to the Register in Hongkong as the case may be.

Share This Page