HONG KONG
No 23 or 1948,
I asseut.
Governor.
3rd June, 1948.
An Ordinance to authoriso The Canton Trust Company Limited
to convert the currency of its capital.
(3rd June, 1948.]
Be it enacted by the Governor of Hong Kong, with the advice
and consent of the Legislative Council thereof, as follows:
1. This Ordinance may be cited as The Canton Trust Shon mile, Company Limited (Capital Conversion) Ordinance, 1948.
Inter-
2.
In this Ordinance-
pretation,
**
the Company means The Canton Trust Compnay
Limited.
ts Registrar Theans a registrar, deputy and assistant registrar oppointed by the Governor under aub-section (2) of Section 289 of the Companies Ordinance, 1932.
Ordinance
No. 39 of 1932.
3. It shall be competent for the company to convert the conversion currency of its capital (both authorised and issued) and to alter of currency the denomination of the shares into which its capital is divided of capital. and such conversion and alteration may be effected in the following
nanner :
(a) By a resolution of the board of directors of the company authorising such conversion and alteration and specifying in detail the manner and at what date such conversion and alteration is to take place; and
Procedure