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Companies carrying on business in China shall be
exorcised, so far as circumstances admit, in
conformity with the provisions of the ordinance and of the Life Insurance Companies ürdinance,
except that Section 16 of the Companies Amendment Ordinance, 1913, shall not apply in China".
Mr. Kennett's contention is that the
effect of the words "so far as circumstances admit"
imply that the requirements of Part IX of the Hongkon
kong Companies Ordinance No.58 of 1911 as to "Com- panies established outside the Colony" are imported,
as though set out therein, into the China (Companies)
Order in Council 1915: that is to say that the pro-
visions of Article 8(1) of the order in council as
to the majority of the directors of a "China Company"
being ritish Subjecta resident within the limits
of the urder, and of article 9 as to no person other
than a ritish Subject acting as Auditor of a
"China Company", cannot directly or by inference or
implication be applicable to or enforced against
a British Company carrying on business in China
which is not a "China Company" or a "Hongkong
Company" as defined in the order in Council.
Article lu of the urder in ouncil which
provides that no person other than a British
Subject shall be appointed to act within the limits
of this order a liquidator of a British Company
or as receiver or manager on behalf of the debenture-
holders of the property of a British Company except with the sanction of the court" undoubtedly applies,
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