Klith the substitution of "sectım"
8
for "Clause" throughout
and the substitution of "the bonds" for "they" in
The
amendment to s. 8 (d), the suggested amendments
To The Oralinance
адреси й
crufting point of view. I
whether they will
policy
be in
arlu
from
cannot, howron, say effect the clesined change in
is the financial implications of the latter
quili
am not, clear lore
ん
am requined to advise
I
on reciding the minutes. If 7.
1 skill Your) could I have
this
aspect (and if tuene
either
in paper
cr
brief statment. If the financial
Ordinanc 16 ito present
14 discussio a objectima to Im
form and
of the changes which it is
desired
ti effect?
m=
M= mc letnie
The Ordinance
Quy
3/3/48.
drafted with interest
prouides for bearer beads
bearer bonds with
which
are transferable
delivery, without registration by the
It is
amend those parts of
of the issue
desiskd
合
the Gromance which
Coupons attachede,
issuing authority.
prvydas for
ん
F
this type of
And
to
the Governor
give
perver
15 which bouds shall be transferred
determine the
Conditiones
under
and
interest be pud,
"beares bond
chall be registered
order that transfas
anoc
interest pund
dreet
to the registered holder of the bonds.
The proposed
amendmentö
are
pencil at sections, 7(4), (2) and
on
the attached Bill.
I The
indicated
864ilf)
penal amendments to Section 7 (5)
Case
in
and
9.
LO
not
a
suggestion connected with the
The
Cayeur
is
above
pount]
Ahemer
3/
Page
age 9
Mr Palmer
The
amendinents suggested
in
the craft telegrain
9
opposite
will
require mouts
in
of your
4 and coupons
In cel
my opinion
minute of 3/3.
Hu
I notice that by 5.5 of the Ordnance under
Consideration any part of
London
11
unde
loan
the
rained in provisions
Inscribed Stuck Ordinance
will be raized
of the General Loan and 1913 (
copy at 73 com 54/26/4 of 1946-47) 5.10 of. which provides that debentures issued thereunder will be transferable by delivery. 5.10 of the Exchange Control Act-
Control Act, 1947, havwon, prohibits the & beaver cutificates
Issue
United Kingdom
1913
or cuspon's 20 That 5.10
will be
in efective
consideration
of the Ordenance
In the
and it is for
whether provision
should now
be mudel either by commending the Ordinance
J. 1913
Lon
by adding
15 the
undle
Ordinance
ராம்
further provision Consideration VIZ. Mo. 48
of 1947) for prescribing how the clebentures
London
in
Issued in 140.48 of 1947
and
ruan ce
par
lo questin
The question other adjustments
Hu
or lo
Ordinance
7.
Ordın
is ace
be transferable. This
off whether
any
eithire to L Ordinance her. of 1913
No. 48 of 1947
are recursitated
by Fur provisions of the Exchange Control Act, 1947, cold, I suggest, be considered in detail in Hong Kong, if this has not already been clone.
McDon
I have added cover the above point, but
again
J. c.rec Petrie
4/3148.
a pena
To the draft
you
should sel
I do
ast know
10
what
16
extent the Treasury
ague to the sme
would be wellung
this county. Achially
there would be
bearer Vancas
that
of
✓
suppre
Cutle
ро
in de
un being
very
Any HX. loan isauca
the four of bearer bonds
Treasury
سن
ик
Should
see the craft before the telepon
Page
معيد
私
age 9
Page
Page
1
M.. Palmer
age 10
10
!
Jenoval
Ordinance 1913.
covered,
lut
it ú
I must apolog, and for nut
www.
draft-
W
partenles point of
any
buiry round
nurute
Chies
Ivan
under the
EL
Loun and fuscaled Hoste
The portière is
Mück
fully
usle
duult
possible.
to
The
alen
types
clarify any misundertidaj
anderine barches for
two pomelle life of
imme
(a!
Beurs
delinteers.
اینام
(a) jusculed
Stock - from
Secline 26
onwards.
u. R.
Thu
probalt (9), but pukelet ("%,
The wall-
ar
Exchays Contul bit 1941
not
i'm you.
nupalunt conc
ponchlily g
Indise Ivens
is
a
it is well
to
the ups sorry
in advance
S.
I don't think it
Trunery; but
to lat
frame
shuutel
I have nimeptiol
mamay
to
you, as the
nmote: bel
wovon und tron
www.
AG 13m. ay.
pance.
5/3.
ut with
it might be well
Mr.
Hubs ne
is draft, T
uply
для
ansmediate
3то в
Agents
wy 83m5/2
8.3.48
age 10Page 11