96
Disposal of Sinking Funds : released.
Creation, inscription, issue, conversion, and transfer of Inscribed Stock.
Raising of loans in Hongkong.
No. 1.]
THE ORDINANCES OF HONGKONG: (A.D. 189
in the determination of such question the Trustees shall take into consideration the value of the whole investments held by them on account of such Sinking Funds, the amount of the debt remaining a charge on such Sinking Funds, and such other matters as the Trustees may think fit to take into account.
15. So much of the Sinking Funds as may be released shall be converted into money and paid by the Trustees to the Crown Agents to the credit of the Government of Hongkong, to be disposed of in such manner as the Governor, with the advice and consent of the Legislative Council, may direct.
16. The Crown Agents may from time to time, at the request of the Governor, make arrangements for all or any of the following things-
(1.) for inscribing Stock in their books;
(2.) for managing the creation, inscription, and issue of Inscribed Stock
(3.) for effecting the conversion of loans into Inscribed Stock
(4.) for paying interest on Inscribed Stock and managing transfer thereof; and
(5.) for issuing Inscribed Stock certificates to bearer, and, as often as occasion may require, re-issuing or re-inscribing Stock and re-issuing Inscribed Stock certificates.
17. Nothing in this Ordinance shall prevent the raising of loans in Hongkong under such terms and conditions as may be specified in an Ordinance authorizing the raising of such loans.
Ord 6/86
ORDINANCE No. 2 OF 1893.
A.D. 1893. AN ORDINANCE for raising the Sum of Two Hundred Thousand Pounds by Loan for the purpose of defraying the Cost of certain Public Works.
No. 2 of 1893.
[16th January, 1893]
Schedule.
Short title.
WHEREAS it is expedient to raise a loan of two hundred thousand pounds for the purpose of defraying the cost of the public works mentioned in the Schedule to this Ordinance :
Be it therefore enacted by the Governor of Hongkong, with the advice and consent of the Legislative Council thereof, as follows:-
1. This Ordinance may be cited as the Public Loan Ordinance, 1893