No. 29
COMPANIES (CESSATION OF EMERGENCY STATUS).
Effect of
tion.
A.D. 1947
expedient for enabling the company to re- register under the principal Ordinance or to re-establish itself as a company under any other Ordinance of the Colony or generally for the purposes of carrying on or re-commencing business;
(e) contain such incidental supplemental and consequential provisions as appear to the Governor to be necessary or expedient for the purposes of the order.
10. Except in so far as an order otherwise provides re-registra- such company shall from and after the date of such order be for all purposes a company incorporated under the prin- cipal Ordinance, or in the case of a company incorporated under any other Ordinance of the Colony, then under such Ordinance, but without prejudice to the validity of any act or thing done prior to the date of such order of the Governor.
Power to
PART III.
11. It shall be competent for the Governor to make make rules rules for regulating the manner (including the imposition, collection and payment of fees) in which the provisions of this Ordinance shall be carried into effect.
Without pre- judice to the generality of the foregoing, the Governor may if he thinks fit make provision by such rules for the alteration of the currency of the capital of the company where such currency has been changed pursuant to the laws or regulations in force in any other part of His Majesty's dominions.
Power of Governor
to grant
12. It shall be competent for the Governor in any case in which he thinks expedient, upon such terms as he may exemptions. consider fit, by order, to exempt any company from com- pliance with all or any of the provisions or requirements of this Ordinance or to grant any extensions of time for compliance herewith or to modify the provisions of this Ordinance in their application to any company or class of companies.
Passed the Legislative Council of Hong Kong, this 19th day of June, 1947.
ALASTAIR TODD. Deputy Clerk of Councils.
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