315
Amendment of Ordin-
ance No. 39 of 1932,
s. 263.
Substitution
for Ordin-
2
6. The following sub-section is added at the end of section 263 of the Companies Ordinance, 1932:-
(8) The Court may direct that the whole or part of any costs and expenses properly incurred by the liquidator in proceedings duly brought by him under this section shall be defrayed as expenses incurred by the liquidator under this Ordinance in relation to the winding up of Companies. Sub- ject to any direction under this sub-section and to any mortgages or charges on the assets of the Company and any debts to which priority is given by section 251 of this Ordin- ance, all such costs and expenses as aforesaid shall be payable out of those assets in priority to all other liabilities payable thereout.
7. Section 319 of the Companies Ordinance, 1932, is ance No. 39 repealed and the following section is substituted therefor:
of 1932,
s. 319.
Documents &c. to be
delivered to to registrar by companies carrying on business in the Colony. 19 & 20 Geo. 5, c. 23,
s. 344.
Amendment
of Ordin- ance No. 39 of 1932, s. 352.
319.-(1) Companies incorporated outside the Colony which, after the commencement of this Ordinance, establish a place of business within the Colony, shall, within one month from the establishment of the place of business, deliver to the registrar of companies for registration-
(a) a certified copy of the charter, statutes or memoran dum and articles of the company, or other instrument constituting or defining the constitution of the company, and. if the instrument is not written in the English language, a certified translation thereof;
(b) a list of the directors of the company, containing such particulars with respect to the directors as are by this Ordinance required to be contained with respect to directors in the register of the directors of a company;
(c) the names and addresses of some one or more persons resident in the Colony authorised to accept on behalf of the company service of process and any notices required to be served on the company.
(2) Companies to which this Part of this Ordinance applies, other than the companies mentioned in sub-section (1) of this section, shall (if at the commencement of this Ordinance they have not delivered to the registrar the docu- ments and particulars specified in sub-section (1) of section two hundred and fifty-two of the Companies Ordinance, 1911) deliver the documents and particulars in accordance with sub-section (1) of this section within three months from the commencement of this Ordinance.
8. Section 352 of the Companies Ordinance, 1932, is amended:
(a) in sub-section (3) by the substitution of the words "paid in advance by every China Company to the registrar of companies" for the words "paid in Hong Kong currency in advance by every China Company to the Colonial Treasurer of Hong Kong";
(b) by the addition of the following sub-sections at the end thereof ·
(6) If the fee payable under sub-section (3) is paid to the registrar of companies in Hong Kong and the paid up capital of the company is not in Hong Kong currency the