THE HONGKONG AND SHANGHAI BANKING
CORPORATION ORDINANCE.
(Chapter 70).
SPECIAL RESOLUTION.
“That in accordance with the provisions of Section 4(2) of The Hongkong and Shanghai Banking Corporation" Ordinance, The Hongkong and Shanghai Bank Regulations be amended as follows:
V
1. Paragraph (5) of Regulation 10 be deleted.
2. In paragraph (1) of Regulation 12 the words "the Chief Manager" be deleted and replaced by the words "the Secretary.
3. In Regulation 33 the words “Chief Manager" be deleted
and replaced by the word "Secretary".
4. In the second paragraph of Regulation 57 the words "the Chief Manager" be deleted and replaced by the words "the Chairman",
5. Paragraph (1) of Regulation 65 be deleted and replaced
by the following paragraph:
"(1) The Chairman of the Board, or in bis absence the Deputy Chairman first appointed or in his absence the other Deputy Chairman shall take the chair at every general meeting or if there be no such Chairman or Deputy Chairman, or if at any general meeting the Chairman or a Deputy Chairman is not present within 15 minutes after the time appointed for holding such meeting, the shareholders present shall choose another Director as Chairman, and if no Director be present or if all the Directors present decline to take the chair, or it the Chairman chosen retires from the chair, then the shareholders present in person and entitled to vote sball choose one of their own number to be chairman.”
6. Regulation 73 be deleted and replaced by the following
Regulation:
"73 Subject to any rights or restrictions for the time being attached to any class or classes of shares, on a show of hands every member present in person shall have one vote, and on a poll every member shall have one vote for each share of which he is the holder."