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Section 27 (2)

480

I don't know how far this rule as to Chinese

characters is of use, or how far we want it in China

when the Companies we are legislating for are mainly

of British capital or supposed to be so.

Section 27 (2) (n)

This should be repealed as local register will

cease to exist, when we have a register in Shanghai.

Unless it is to be kept for existing companies, but I

would rather see them all become China Companies.

Section 32.

-

as

A provision for advertisement in place where re-

gistered office is would cover the China Companies

to local registration note to 27 (2).

Section 35.

"Local Register"

Subs: (2) was enacted originally to enable China

Companies to transfer shares on their local register

without payment of duty. The licence fee was a com-

position for duty payable.

It is still to be levied

in its present form modified to suit new circumstances

•ami 0 mi vlags

•SS HOITOL?

or as a stamp duty.

Section

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