1948-HKRS28-8-15_Part02 — Page 10

HONG KONG

No 23 or 1948.

I assent.

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 Short tile, Company Limited (Capital Conversion) Ordinance, 1948.

"the Company means The Canton Trust Compray

2. In this Ordinance-

Limited.

ts

Registror means a registrar, deputy and assistant registrar appointed by the Governor under sub-section (2) of Section 289 of the Companies Ordinance, 1932.

Imer-

pretation,

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 in divided of capital. and such conversion and alteration may be effected in the following

manner :----

(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