1964 Ed.]

General Loan and Stock.

[CAP. 72

1

Section.

CHAPTER 72.

GENERAL LOAN AND STOCK ORDINANCE,

1. Short title

2. Interpretation

ARRANGEMENT OF SECTIONS.

3. Loans to be raised by debentures or stock

4. Loans to be a charge upon general revenue

5. Borrowing upon debentures

6. Amount of each debenture

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7. Debentures may be redeemed by annual drawings or by purchase in the market or on a date fixed

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8. Interest coupons

9. Form of debenture and coupons

10. Debentures and coupons transferable by delivery

11. Registry of debentures

12. Payment of interest

13. Mode of providing for payment of interest on debentures

14. Further sums to be remitted for the redemption of the debentures

15. Application of sinking fund...

Creation of sinking fund for redemption of debentures payable on a fixed date

Disposal of sinking fund when debentures are redeemed by purchase or by annual drawings

Appointment of day for drawing of debentures

17. ...

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18. ...

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19. Notice of time and place appointed for drawing

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20. Mode of drawing

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21. Notice of debentures drawn for redemption

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22. Payment of drawn debentures

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23. Cesser of interest from day appointed for payment of principal

24. Redeemed debentures to be cancelled...

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25. Borrowing upon stock

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26. When the principal is to be repaid

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27. Mode of providing for the payment of interest on stock

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28. Mode of providing for payment of principal of stock

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29. Creation of sinking fund

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30. Charge upon general revenue

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31. Expenses to be paid out of sinking fund

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32. Powers of Governor

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33. Exchange of securities for stock

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34. Converted securities to be cancelled

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35. Trustees to apportion amount of sinking fund released by conversion

36. Sinking funds released: how to be disposed of

37. Creation, inscription, registration, issue, conversion, and transfer of stock

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38. Raising of loans in Hong Kong

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39. Regulations under Colonial Stock Act, 1877 and 1948

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