1985 Ed.]
Royal Bank of Scotland
[CAP. 1138
3
is derived from the Hong Kong business of Royal Bank of Scotland should be transferred to the Bank by Hong Kong legislation:
1. This Ordinance may be cited as the Royal Bank of Scotland Ordinance.
2. (1) In this Ordinance, unless the context otherwise requires-
“appointed day" means the day appointed under section 3; "authorized representative" when used in relation to Royal Bank of Scotland or the Bank means the person or one of the persons resident in Hong Kong and authorized to accept service of process and notices on its behalf whose name or names and address or addresses is or are registered under section 333(1) of the Companies Ordinance;
"the Bank" means RBSG public limited company;
"customer" includes any person having a banking account or other dealing, transaction or arrangement with Royal Bank of Scotland or (as the context may require) the Bank;
"enactment" means an enactment in this Ordinance or in any Ordinance or in any order, by-law, rule or regulation made under any Ordinance;
"existing" means existing, outstanding or in force immediately before the appointed day;
"liabilities" includes debts, duties and obligations of every description wheresoever arising (whether actual or contingent, present or future);
"property" means property and assets of every description wheresoever situate, and includes property held on trust and securities, rights, benefits and powers of every description but does not include the common seal of Royal Bank of Scotland or any document (other than accounting records) required to be kept pursuant to the provisions of the United Kingdom Companies Act 1985 or the Companies Ordinance;
"the registrar" means the Registrar of Companies appointed under section 303 of the Companies Ordinance; "Royal Bank of Scotland" means The Royal Bank of Scotland public limited company;
"security" includes any mortgage or charge (whether legal or equitable), assignment, debenture, fixed security, floating charge, personal bond, bill of exchange, promissory note, trust receipt, warehouse warrant, guarantee, indemnity, lien, right of retention, hypothec, pledge (whether actual or constructive), mandate, hypothecation, right of set-off, right of compensation or undertaking, any standard security, any assignation or disposition ex facie absolute and any agreement or other deed, instrument or document qualifying the same, any bond
Short title.
Interpretation.
(Cap. 32.)
(Cap. 32.)
(Cap. 32.)