1988 Ed.]
Deutsche Bank (Merger)
[CAP. 1142
9
Interests in land
12. The deemed vesting in Deutsche Bank of an interest in land by virtue of this Ordinance shall not-
(a) constitute a purchase or creation of that interest for the purposes of section 119E(2) of the Landlord and Tenant (Consolidation) Ordinance (Cap. 7); or
(b) constitute an assignment, transfer, devolution, parting with possession, dealing with or other disposition of that interest for the purposes of any provision contained in any instrument concerning that interest;
or
(c) give rise to any forfeiture; or
(d) invalidate or discharge any contract or security; or
(e) operate so as to merge any leasehold interest in the reversion expectant on it.
Saving for enactments concerning banking institutions
13. Nothing in this Ordinance shall exempt Deutsche Bank or DB Asia or any other subsidiary of Deutsche Bank or DB Asia from the provisions of any enactment regulating the carrying on of the business of any of them.
Saving for companies
14. Nothing in this Ordinance shall prejudice the powers of Deutsche Bank to alter its memorandum and articles of association or to dispose of, or deal with, its property, security or liabilities or to carry on or discontinue any part of its business; and nothing in this Ordinance shall prejudice the powers of DB Asia to dispose of, or deal with, its property, security or liabilities before the appointed day.
Saving
15. Nothing in this Ordinance shall affect or be deemed to affect the rights of Her Majesty the Queen, Her Heirs or Successors, or the rights of any body politic or corporate or of any other persons except such as are mentioned in this Ordinance and those claiming by, from or under them.