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in Ordinance No. 11 of 1907 would be the omission of
references to the carrying on of life insurance
business in China. If the other view be adopted, it
would be necessary as well to provide in Section 33
that the Ordinance should not apply to any Company
which had made a deposit at Shanghai.
5.
Auditors. I think that clause 6 (3) of
Mr. Bucknill's draft Bill meets Sir Havilland de
Sausmarez' point, but Mr. Bucknill has suggested that
it might be better if Article 9 of the draft Order-in-
Council gave the Court power to sanction the appoint-
ment of a non-British subject as Auditor just as
Article 10 gives the Court power to sanction the
appointment of a non-British subject as Liquidator.
6. Article 17. It would seem that Sir Havilland
de Saumarez' criticism of the wording of this
article is sound, and Mr. Buckmill was inclined to
That however is mainly if not altogether a
matter for the Supreme Court of China, and we shall be
prepared, if the wording is altered, to make the
agree.
necessary alteration in our draft Bill.
(Signed)
Attorney General,
J. H. Kemp,
19th May, 1914.