THE HONG KONG GOVERNMENT GAZETTE, MARCH 21, 1940. 421
(b) the owner of any of those securities, and any person who is responsible for keeping any register or book in which any of those securities is registered or inscribed or who is otherwise concerned with the registration or inscription of those securities, shall do all such things as are necessary or as the Governor or a person designated by the Governor for the purposes of this regulation may direct to be done for the purpose of securing that the security and any document of title relating thereto will be delivered and, if required. registered or inscribed as directed.
(4) The duty to deliver any security under the last pre- eeding paragraph shall include a duty to do all such things as are necessary to scoure that any dividends or interest on that security becoming payable on or after the date of the making of the order or the giving of the directions will be paid as directed; and where, in the case of any security pay- able to bearer which is delivered in pursuance of the said paragraph. any coupons representing any such dividends or interest are not delivered with the security, such reduction in the price payable therefor shall be made as the Governor thinks fit:
Provided that, where the price specified in the order or directions in relation to any securities is ex any dividend or ex any interest, this paragraph shall not apply to that dividend or interest or to any coupon representing it.
(5) A certificate signed by any person authorized in that behalf by the Governor that any specifled securities are securities transferred to the said Con nissioners under this regulation shall be treated by all persons responsible for keeping any registers or book in which the securities are registered or inscribed, or who are otherwise concerned with the registration or inscription of those securities, as conclusive evidence that the securities have been so transferred.
(6) This regulation shall not apply to any security if the Governor or a person designated by the Governor for the purposes of this regulation is satisfied that at all times since the beginning of the twenty-sixth day of August, 1939, all the persons interested in the security, ether than persons interested therein merely as trustees or merely by virtue of any mortgage, pledge or charge created before the said day, but including any persons beneficially interested therein under a trust, were not resident in the Colony.
(7) Where, by virtue of sub-paragraph (1) of paragraph (3) of this regulation, any security has become vested in the said Commissioners, then, if at any time before the steps required by sub-paragraph (1) of that paragraph to be taken in relation to that security have been taken. the said Commis- sioners have made a declaration divesting themselves of the security, the order or directions in consequence of which the security so beratne vested in them shall be deemed, for all purposes, not to have been made or given with respect to that security.
(8) For the purposes of this regulation, the expression "security" includes a deposit receipt in respect of the deposit of securities.
ment of
5.-(1) Every British subject resident in the Colony who Acquisition is. or hereafter becomes, entitled to sell or to procure the by Govern- sale of any foreign currency to which this regulation applies certain shall offer it, or cause it to he offered, for sale to the Govern- foreign
currencies.
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