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Ref.:
THE NATIONAL ARCHIVES
CO 527/1240
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▲ N ORDINANCE to remove doubts concerning the
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legal status of certain Bank Notes issued during
the Japanese occupation of the Colony and to give
power to the Treasurer to issue certificates of
indebtedness other than in accordance with
section 5 of the Currency Ordinance, 1935.
2
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Ref.:
CO 537/1369
THE NATIONAL ARCHIVES
2
restrictions. Further information is given in the enclosed Terms and Conditions of supply of National Archives' Please note that this copy is supplied subject to the National Archives' terms and conditions and that your use of it may be subject to copyright
leafiel.
Validation of Doubtful Notes.
Authority to issue certificates of indebtedness in respect of notes
of the Hong Kong
and Shanghai
Banking Corporation validated.
Be it enacted by the Governor of Hong Kong,
with the advice and consent of the Legislative
Council thereof.
1.
This Ordinance may be cited as the Bank
Notes and Certificates of Indebtedness
Ordinance, 1946.
2.
All Notes of a note-issuing Bank within
the meaning of Section 2 of the Currency
Ordinance 1935 put into circulation between
January 1st 1942 and August 16th 1945, shall,
notwithstanding any irregularity in the manner
of the issue, be and be deemed to have been
at all times banknotes lawfully issued within
the meaning of section 3 of the Currency
Ordinance 1935, and subject to the provisions
of clause 3 hereof, the provisions of that
Ordinance and any amendments there to shall
apply to the notes aforesaid.
3.
the
Notwithstanding anything contained in
section 5 of the Currency Ordinance, 1935,
Treasurer is authorised to issue certificates of
indebtedness to the Hong Kong and Shanghai
Banking Corporation in respect of the notes
of that Bank validated under section 2 as
/2
followe
(1)
-
In the sum of $103,800,000 on the
passing of this Ordinance.