1956
Ordinance not to apply to policies of assurance.
[Ibid, s. 6.]
Nor where stipulation made to the contrary. [Ibid, § 7.]
ORDINANCES Nos. 2 AND 3 OF 1885.
Apportionment.
Larceny and Embezzlement.
companies, divisible between all or any of the members of such respective companies, whether such payments shall be usually made or declared at any fixed times or otherwise; and all such divisible revenue shall, for the purposes of this Ordinance, be deemed to have accrued by equal daily increment during and within the period for or in respect of which the payment of the same revenue shall be declared or expressed to be made, but the said word dividends shall not include payments in the nature of a return or reimbursement of capital.
6. Nothing in this Ordinance contained shall render apportionable any annual sums made payable in policies of assurance of any description.
7. The provisions of this Ordinance shall not extend to any case in which it is or shall be expressly stipulated that no apportionment shall take place.
No. 3 of 1886,
Short title.
Member of partnership guilty of converting to his own use, &c. partnership property, liable to be tried as if not a member. [31 and 32 V. C. 116, § 1.]
An Ordinance to amend the Law relating to Larceny and Embezzlement.
[10th March, 1886.]
BE it enacted by the Governor of Hongkong, with the advice of the Legislative Council thereof, as follows:-
1. This Ordinance may be cited for all purposes as The Larceny and Embezzlement Amendment Ordinance 1886, and shall be read and construed with Ordinance 7 of 1865 and all Ordinances amending the same.
money,
2. If any person, being a member of any copartnership or being one of two or more beneficial owners of any money, goods or effects, bills, notes, securities, or other property, shall steal or embezzle such any goods or effects, bills, notes, securities, or other property belonging to any such copartnership or to such joint beneficial owners, every such person shall be liable to be dealt with, tried, convicted and punished for the same as if such person had not been or was not a member of such copartnership or one of such beneficial owners.