FRIDAY, SEPTEMBER 27, 1974.
NEW RULES TO PROTECT COMPANY NAMES
NEW LEGISLATION, AIMED AT GIVING FURTHER PROTECTION TO COMPANY NAMES, IS EXPECTED TO BE INTRODUCED INTO THE LEGISLAT IVĖ COUNCIL SHORTLY.
IF ENACTED, THE COMPANIES CAMENDMENT) (NO. 4) BILL 1974 WILL PROHIBIT THE REGISTRATION OF ANY COMPANY UNDER A NAME
IDENTICAL, OR DECEPTIVELY SIMILAR, TO THAT OF A FOREIGN COMPANY INCORPORATED OUTSIDE HONG KONG AND CARRYING ON BUSINESS HERE OR THAT OF A BODY CORPORATE INCORPORATED OR ESTABLISHED UNDER AN ORDINANCE.
IT WILL ALSO PROHIBIT THE REGISTRATION OF ANY COMPANY UNDER A NAME WHICH CONTAINS THE WORD ''KAIFONG** EXCEPT WITH THE CONSENT OF THE GOVERNOR.
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COMMENTING ON THE BILL, A SPOKESMAN FOR THE REGISTRAR GENERAL'S DEPARTMENT SAID: THE RESTRICTION ON THE USE OF THE WORD "KAIFONG
'KA IFONG'' HAS BEEN FOUND TO BE NECESSARY TO ENABLE THE REGISTRAR GENERAL TO PREVENT A COMPANY USING THE WORD IN ITS NAME WHEN IT IS NOT REALLY A KAIFONG-TYPE ORGANISATION.
+THE OTHER RESTRICTIONS - RELATING TO NAMES IDENTICAL, OR DECEPTIVELY SIMILAR TO, NAMES OF FORE IGII CORPORATIONS OR STATUTORY BODIES - ARE NECESSARY TO CLOSE UP A NUMBER OF TECHNICAL LOOPHOLES IN THE EXISTING SECTION 20 OF THE COMPANIES ORDINANCE,+ HE ADDED,
DANGEROUS BUILDINGS
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FOUR PRE-WAR BUILDINGS IN CENTRAL DISTRICT ARE TO BE PULLED DOWN AS THEY ARE LIABLE TO BECOME DANGEROUS.
THE BUILDINGS ARE NOS. 215, 217, 221 AND 223 HOLLYWOOD
ROAD. ALL ARE FOUR STOREYS HIGH.
THE PRINCIPAL GOVERNMENT BUILDING SURVEYOR SAID TODAY THE LOAD-BEARING BRICK PARTY WALLS OF THESE BUILDINGS WERE FRACTURED AND BULGED AND IT WAS CONSIDERED THAT THERE IS A RISK OF COLLAPSE DURING OR AFTER THE DEMOLITION OF NO. 219 WHICH WAS CLOSED UNDER AN EMERGENCY CLOSURE ORDER ON SEPTENDER 25.
THE FOUR BUILDINGS WERE INSPECTED AFTER SUDDEN RECENT MOVEMENT TO THE REAR MAIN WALL OF NO. 219 UAS NOTICED.
NOTICES OF INTENTION TO APPLY FOR CLOSURE ORDERS WERE POSTED ON THE FOUR BUILDINGS TODAY. HEARING WILL TAKE PLACE AT 9.30 A.M. IN VICTORIA DISTRICT COURT ON OCTOBER 28.
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