B. 771.
eotry
C.0.
C0409
14 JUN OF
BOARD OF TRADE.
433
13th June, 1901.
Sir,
I am directed by the Board of Trade to acknowledge the receipt of your letter of the 28th March last (9,684) transmitting by direction of the Secretary of State for the Colonies a transcript of an Ordinance of the Legislature of Hong Kong to further amend the Bankruptcy Ordinance 1891, and requesting their opinion as to whether the Ordinance may properly be allowed to remain in operation.
In reply, I am to transmit for the information of the Secretary of State, a copy of an opinion by Mr. Muir Mackenzie dealing not only with the Hong Kong Ordinance, but with the wider question of the desirability of modifying the Bankruptcy law in this country and in the Colonies so as to obviate the hardship to local creditors involved in such circumstances as those discussed by the House of Lords in the case of Cooke v C. A. Vogeler Co.
It will be observed that Mr. Mackenzie, while sympathising with the object aimed at by the Hong Kong legislature, criticises the terms of the Ordinance and doubts their sufficiency. It appears to the Board of Trade that the criticism is just and while they do not advise that the Ordinance should be disallowed, they suggest that Mr. Mackenzie's opinion should be forwarded to Hong Kong for the consideration of the Governor and the local Attorney-General.
I have the honour to be,
Sir,
Your obedient Servant,
Under-Secretary of State,
COLONIAL OFFICE.
B. 771.
eotry
C.0.
C0409
14 JUN OF
BOARD OF TRADE.
433
13th June, 1901.
Sir,
I am directed by the Board of Trade to acknowledge the
receipt of your letter of the 28th March last (9,684)
transmitting by direction of the Secretary of State for the
Colonies a transcript of an Ordinance of the Legislature
of Hong Kong to further amend the Bankruptcy Ordinance 1891,
and requesting their opinion as to whether the Ordinance
may properly be allowed to remain in operation.
In reply, I am to transmit for the information of the
Secretary of State, a copy of an opinion by Mr. Muir
Mackenzie dealing not only with the Hong Kong Ordinance, but with the wider question of the desirability of modifying
the Bankruptcy law in this country and in the Colonies so
as to obviate the hardship to local creditors involved in
such circumstances as those discussed by the House of Lords
in the case of Cooke v C. A. Vogeler Co.
It will be observed that 'r. Mackenzie, while sympathis-
ing with the object aimed at by the Hong Kong legislature,
criticises the terms of the Ordinance and doubts their
sufficiency. It appears to the Board of Trade that the
criticism is just and while they do not advise that the
Ordinance should be disallowed, they suggest that Mr.
Mackenzie's opinion should be forwarded to Hong Kong for the
consideration of the Governor and the local Attorney-General.
I have the honour to be,
sir,
Under-Secretary of State,
COLONIAL OFFICE.
Your obedient Servant,
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