Enclosure No. 2 in Shanghai Despatch to Peking No. 430 of 30th Üctober 1935.
Juggested requirements for British Companies operating
in China.
142 Evel (3.
Public Companies incorporated in Shanghai
The managing director,
the majority of the directors,
the auditors, and
the liquidators
to be British subjects.
Public com anies incorporated within the British Empire.
The chief local representative and two thirds of
the persons having authority to sign on behalf of the
company in China to be British subjects.
Frivate companies incorporated in Shanghai
The managing director,
the majority of directors,
the auditors,
the liquidators, and
the majority of the shareholders
to be British subjects.
Also the greater part of the capital to be owned
by British subjects.
Private companies incorporated within the British Empire
The managing director,
the majority of directors,
the majority of the shareholders,
the chief local representative, and two thirds of
the persons having authority to sign on behalf of
the company in China
to be British subjects.
Also the greater part of the capital to be wwned
by British subjects.