No.
305.
Hongkong
My Lord,
131
REC
C.0
1189
Rec'd: 11 JAN 08
Government House,
Hongkong, 13th December, 1907.
I have the honour to forward for the
signification of His Majesty's pleasure an Ordinance
entitled "An Ordinance to authorize Companies registered
under the Companies Ordinance, 1865, to keep local registers
of their members outside the Colony".
The usual report by the Attorney
General is annexed.
2.
The cause of this legislation lies in
the fact that this Government has never been able to
realise more than a fraction of the stamp fees due on the
transfer of shares made at places outside the Colony.
3.
Under the Companies Ordinance, 1865,
Companies registered in Hongkong must keep their registers
in the Colony and record all transfers of shares therein,
stamp duty being duly paid upon each transaction. It has
THE RIGHT HONOURABLE
THE EARL OF ELGIN, K.G.,
800.
&C
&C.