1975-HKRS28-16-23_Part04 — Page 56

Attendent at decon 107.

Ausendment st

2

number and nominal amount of shares so allotted, the extent to which they are to be treated as paid up, the extent to which premium paid or payable wholly or partly otherwise than in cash is to be treated as paid, and the consideration for which they have been allotted.". Section 107(3) of the principal Ordinance is amended by inserting after paragraph (e) the following new paragraph-

3.

“(eu) the amount of premium, if any, paid or payable on each share;”.

4. The Form of Annual Return of a Company having a Share Plhb Schedule Capital set out in the Fifth Schedule to the principal Ordinance is

amcoded by

Amendment of Sibuk.

Schedule

4

(a) inserting below "Number of shares issued as partly paid

up to the extent of

cash," the following-

" Number of

premium.

per share otherwise than in

shares. (if any) issued at a

issued

Total amount of premium paid or payable in cash 5

on the issue of shares.

Total amount of premium paid or payable otherwise $

than in cash on the issue of shares. and

(5) inserting above "Total amount of calle unpaid

" the following-

"Total amount (if any) agreed to be considered as I

paid by way of premium an

shares

which have been issued at a premium paid or payable wholly or partly otherwise than in cash.

Part 1 of the Eighth Schedule to the principal Ordinance is

S amended-

(a) in item (6) by inserting below "for registration of every increase in dominal share capital made after the first registration of any company, for every $1,000 or part of $1,000 of such increase...ikivettvang the following

"Provided that where a company has paid an additional fee under paragraph (c)ii) in respect of shares allotted at a premium, no fee shall be payable under this paragraph in respect of any increase in the nominal share capital of that company where such increase is made for the porpose of capitalizing the whole or any part of that premium and is applied to that purpose."; and

(b) in item (c) by deleting-

"And, in additon, in the case of a company having on the 1st day of June, 1955 a nominal sbare capital in excess of $3,000,000, for every $1,000 or part of $1,000 of such excess nominal 'share capital allotted after the said date

Provided that no additional fee shall be payable under this paragraph by a company which has increased its nominal share capital and paid the additional fee under paragraph (8)"

4.00"

4.00

Jr

and substituting the following-

"And, in addition-

() in the case of a company baving on the 1st day of June 1955 a nominal share capital in excess of $3,000,000, for every $1,000 or part of $1,000 of such excess Dominal share capital allotted after the said dale

Provided that no additional fee shall be payable under this sub-paragraph by a company which has increased its nominal share capital and paid the additional fee under paragraph (8);

4.00

(i) in the case of a company which allots shares al a premium, whether for cash or otherwise, for every $1,000 or part of $1,000 of the aggregate amount or value of the premiums paid or payable on such shares 4.00".

Passed by the Hong Kong Legislative Council this 3rd day of December, 1975.

мастет

Clerk in the Legislative Council.

This printed Impression has been carefully compared by the with the bill, and is found by me to be a truc and correctly printed copy of the sold bil,

интест

Clerk to the Legislative Council.