531
The
have their registered offices in Hongkong. Ordinances contains full provisions as to the management and administration of such Companies, as to the duties of Directors, as to accounts, as tc audit of books, etc. The Ordinance does not attempt to apply these provisions to Companies not registered under the ordinance, but it has a specia part (Part 9) containing provisions as to Compaudes incorporated outside the Colony which establish a place of business within the Colony, and Home Companies which carry on business in Hongkong are affected by Part 9 of the rdinance only, which Bets out the requirements with which they are bound to comply in Hongkong. If, therefore, the crown Advocate's view is adopted and the main body of the rdinance of 1911 is attempted to be applied to Come Companies carrying on business in hina, the effect will be that such companies (or rather the local Branches of them) will have to attempt to carry out provisions which are essentially applicable only in the case of a company whose registered office, management and administration, books and records, are in Tiongkong or hina as the case may be, t is in fact, impossible for a Tiome Company to comply with such requirements as if it were a longkong or Chine Company, as a con- sideration of the Clauses relating to such questions an the booke which are to be kept at the registered office, the requirements as to the returns of allott. ment of shares, register of share holders, audit,
etc..