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and a copy of all such documents and other written information shall, in the case of a Hong Kong Company, be filed with the Registrar of Companies at Shanghai.
(2.) If any company to which this article applies fails to comply with its provisions, the company and every officer and agent of the company who is knowingly a party to the default shall be liable to a fine not exceeding 50 dollars for every day during which such default has continued.
12. The registered office of a China Company shall be situated within the limits of this Order.
13.-(1.) No shares shall be issued by a China Company except either as fully paid up shares or upon the term that the shares shall be paid up in full within a specified period not exceeding three months after allotment.
(2.) Shares issued by a China Company other- wise than as fully paid up shares shall be deemed to be issued upon the condition that if not paid for in full before the expiration of one week from the date upon which the final payment was due, they shall be forfeited by the directors, and it shall be the duty of the directors at the expira- tion of that period to forfeit the said shares. Notice of the forfeiture of any such shares shall forthwith be given to the registered holder.
Any shares so forfeited shall be deemed to be the property of the company, and the directors may sell, reallot, or otherwise dispose of the same in such manner as they think fit. Certificates or other documents of title relating to shares forfeited under this article shall be returned to the Company.
(3.) Within one month of the expiration of the time allowed for the completion of the payment of all sums due upon the shares, the secretary of the company shall forward to the Registrar of Companies at Shanghai a return signed by the auditor of the company giving particulars of the shares issued, of the amounts paid thereon, of the shares in respect of which default has been made in payment of sums due, and of the shares forfeited.
(4.) If shares are issued by a China Company on terms which fail to comply with the provisions of this article, or if other default is made in
complying therewith, the company, and every
director, manager, secretary, and other officer, who is knowingly a party to such issue or default, shall be guilty of an offence, and shall be liable to a fine not exceeding 500 dollars for every day during which such offence con- tinues.
(5.) Where on application made it is established
to the satisfaction of the court that there has been a failure to comply with the provisions of this article through inadvertence or accidental miscalculation or from some other reasonable cause, and not from any want of good faith, the court may,
if under all the circumstances it con-
siders it just so to do, give relief from any forfeiture or penalty which has been incurred by the applicant, or to which he is, or may be, liable upon such terms as it may think fit.
(6.) The provisions of this article shall only apply to shares issued by a China Company after the date when this Order comes into effect,
14. (1.) Subject to the provisions of this Order, the jurisdiction of the court in respect of all British Companies carrying on business in China shall be exercised, so far as circumstances admit, in conformity with the provisions of the Ordinance and of the Life Insurance Companies Ordinance, except that section 16 of the Com- panies Amendment Ordinance, 1913, shall not apply in China.
(2.) Where reference is made or inferred in any section of the said Ordinances to any other Ordinance of the colony of Hong Kong which does not apply within the limits of this Order, such section shall be read as though the corre- sponding law or enactment applicable in England were referred to therein.
(3.) The duties of the Governor, or of the Governor in Council, or of the Colonial Treasurer under section 20, 21, 120 (4), 219, 253, and 255 of the Ordinance shall within the limits of this Order be exercised by the Minister, and under sections 141 (1), 149, 185, 217, and 261 shall within the limits of this Order, be exercised by the Judge.
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(4.) In the application of the said Ordinances legal practitioner" is substituted for "counsel" "solicitor" or solicitor and counsel," and such newspaper as the Judge may direct" is substituted for "the Gazette."
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(5.) All offences under the said Ordinances
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