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9. This Ordinance shall not apply to any ferry main- Exemption. tained by the Star Ferry Company Limited between the pier situate opposite to Ice House Street, Victoria, and the pier situate at Kowloon Point and known as to its western portion as the "Star Ferry Pier" and as to its eastern portion as the "Railway Pier", nor shall it affect any rights conferred on the said Company by the terms of the lease to the said Company of the said pier situate opposite to Ice House Street aforesaid.
Objects and Reasons.
The object of this bill is to take power to regulate the ferries of the Colony, other than the present service of the Star Ferry Company Limited.
The main object is not revenue but the interests of the travelling public.
It is intended at present to deal only with the ferries between Victoria and Yaumati, Mong Kok Tsui and Sham Shui Po.
The proposed regulations relating to these ferries will be published with this bill,
J. H. KEMP,
Attorney General,
19th September, 1917.
A BILL
INTITULED
An Ordinance to provide for the making of deposits by certain persons firms and compa- nies carrying on fire or marine insurance business.
BE it enacted by the Governor of Hongkong, with the advice and consent of the Legislative Council thereof, as follows:-
1. This Ordinance may be cited as the Fire and Marine Short title. Insurance Companies Deposit Ordinance, 1917.
2.-(1.) This Ordinance shall apply to all persons and Application bodies of persons, whether incorporate or unincorporate, of Ordi-
whether established before or after the commencement of this Ordinance, and whether established within or without the Colony, who carry on any fire or marine insurance business within the Colony.
(2.) Such persons and bodies of persons are hereinafter referred to as insurance companies.
nance.
9 Edw. 7, c. 49, s. 1.
business
3. For the purposes of this Ordinance a person or body Meaning of of persons shall be deemed to carry on fire or marine in- carrying on surance business within the Colony in the following casés:- within the
(a) if he or it opens or maintains an office or agency Colony.
within the Colony for the purpose of any fire or marine insurance business, or within the Colony holds out himself or itself as prepared to transact any such business ;
(b) if. either directly or through an agent, he or it receives within the Colony any application for a fire or marine insurance policy, or receives within the Colony any premium or other pay- ment in respect of any fire or marine insurance ple, whether such policy is or is not issued or payable within the Colony, and whether he or it has or has not an office within the Colony;