DIE
MON
DROIT
THE HONGKONG
Government Gazette.
No. 41.
Published by Authority.
VICTORIA, SATURDAY, 8TH OCTOBER, 1864.
GOVERNMENT NOTIFICATION.
VOL. X.
The following Bill, read a first-time at a Meeting of the Legislative Council held on the 5th Ultimo, is published for general information.
By Order,
Council Chamber, Hongkong, 3rd October, 1864.
HONGKONG.
L. D'ALMADA È CASTRO,
Clerk of Councils.
ANNO VICESIMO OCTAVO VICTORIE REGINE.
No. of 1864.
By His Excellency SIR HERCULES GEORGE ROBERT ROBINSON, Knight, Governor and Commander-in-Chief of the Colony of Hongkong and its Dependencies, and Vice- Admiral of the same, with the Advice of the Legislative Council of Hongkong. An Ordinance for the Incorporation, Regulation, and Winding-up of Trading Companies and other Associations.
[
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1864.]
Whereas it is expedient to provide by Ordinance for the Incorporation, Regulation, and Winding-up of Trading Companies and other Associations: Be it enacted by His Excellency the Governor of Hongkong, with the Advice of the Legislative Council thereof, as follows:-
Preliminary.
I. This Ordinance may be cited for all purposes as "the Companies Ordinance
1864."
the
II. This Ordinance with the exception of such temporary enactment as is herein- after declared to come into operation immediately, shall not come into operation until
day of
one thousand eight hundred and sixty- and the time at which it so comes into operation is hereinafter referred to as the commencement of this Ordinance.
>
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Title.
Preamble.
Short title.
Commencement of
Ordinance.
III. For the purposes of this Ordinance a Company that carries on the Business Definition of In- of Insurance in common with any other Business or Businesses shall be deemed to be surance Company. an Insurance Company.
IV. No Company, Association, or Partnership consisting of more than Ten Persons Alternative clause. shall be formed, after the commencement of this Ordinance, for the purpose of carrying on the Business of banking, unless it is registered as a Company under this Ordinance, or is formed in pursuance of some other Ordinance, or of Letters Patent; and no Company, Association, or Partnership consisting of more than Twenty Persons shall be formed, after the commencement of this Ordinance, for the purpose of carrying on any other business that has for its object the acquisition of gain by the Company, Association, or Partner- ship, or by the Individual Members thereof, unless it is registered as a Company under this Ordinance, or is formed in pursuance of some other Ordinance, or of Letters Patent.