As to this case of any restrictive Banking legislation in the Parts settlements, the earlier clauses of the proposed Ordinance, a draft of which accompanied Your despatch alluded to, would render it unnecessary.
Finance however.
The Hong Kong.
Order in Council.
DRAFT.
MINUTE.
Mr. Wingfield.
Mr. Bramston.
Mr. Meade.
Mr. Herbert.
Mr. Courtney.
Lord Kimberley.
109
The form from which the Hong Kong Bank derives its powers of corporate actions, only empowers it to establish a branch in Hong Kong with the assent of the L.C. of the Treasury. It was necessary to obtain that assent which has now been formally given.
When the above condition is fulfilled, the legal status of the Corporation to perform its functions appears to be complete – Commissioner excepted.
It is already exercised.
as hi
this case of any restrictive Banking legislation in the Parts fettlements,
the earlier clauses
of the respored
das
Adinance,
chod a draft of which accompanied Your des fateh alm tofarred to, would
referred affene to be
unnecessary.
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The Hory Kory
Oederiana
>>
DRAFT.
Mr.
Mr.
MINUTE.
Mr. Wingfield.
Mr. Bramston.
Mr. Meade.
Mr. Herbert.
Mr. Courtney.
Lord Kimberley.
109
form which the
Work
Bank derives it's
powers of corporate actions, only comfowars it Es Establish a
to
brand in thing a four with the arsent of
the L.C. of the
Heaney,
всех
Daud
necessary to obtain that arent which
Lassig now been freimally
given when
Tabove
Jatat he
condition Adob
legal Jown of the Corporation to perations appears to ale for complete -
Commener excepted
s
already exodoto
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