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Paragraphs 7 to 12 of Sir Reginald Stubbs' despatch

deal with companies carrying on business in Hongkong and also in

China, such companies are, by the China (Companies) Order-in-

Council 1915, and by the corresponding Hongkong Companies Ordin-;

ance 1915 called "Hongkong China Companies" and therein specially provided for. The Chine (Companies) Amendment Order-in-Council, 1919, the operation of which His Excellency wishes to postpone, does not apply to Hongkong China Companies, save in so far as the new definition of China Company in Article 3 of the Order-in-

Council of 1919 has now classed as 'China Companies' such of them

as are substantially controlled by persons ordinarily resident in

Chine.

'Hongkong China. Companies' were by the China (Companies) Order-in-Council, 1915, and also by the Hongkong

Companies Ordinance, 1915, defined as follows:-

#

'Hongkong China Company' means a company incorporat- ed under the Ordinance*(of 1911 and any amendment

thereof)"which carries on some part of its business within the limits of this Order" (the China (Companies)

Order-in-Council 1915) "and the operations of which

are directed and controlled from some place in Hong

Kong".

A 'China Company' was defined by the China (Companies) Order-in-Council, 1915, and also by the Hongkong Companies

Ordinance 1915 as follows:-

"China. Company means a company limited by shares or by

guarantee incorporated under the Ordinance" (The Hongkong Companies Ordinance 1911, and any amendment thereof and the operations of which are directed and controlled from some place within the limits of the Order" - (the China (Companies) Order-in-Council, 1919),

The China (Companies) Amendment Order-in-Council, 1919,

made after the necessity for further and better control of China

Companies had been proved by experience, more strictly defined the

status

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