DOSAD
L
HONG KONG.
No.
of 19
An ORDINANCE to make provision for raising a Loạn
Sterling for the
C
9663
Rece
REG920 NOV 12
I T
WHEREAS it is expedient to raise a Loan of
mbi
.66
lication loan.
10 I 20 [ 0. 00..
JÍ, LÀ VAN CI
....(20
Sterling for the purposes specified
in the Schedule hereto; Be it therefore enacted by the Governor
of Hong Kong, by and with the advice and consent of the Legis
-lative Council thereof as follows:-
#
T
(20. The Governor is hereby authorised to issue stock or
debentures or both, under the provisions of The General
"
t title. (1). This Ordinance may be cited as
ority to
ernor to row by * of
ntures Loan and Inscribed Stock Ordinance 191 " to an amount linscribed
sufficient to produce as nearly as may be the sum of
Sterling and such further sum as may
lck.
be necessary to defray the expenses of issue.
(3). The money to be borrowed under the authority of this Ordinance shall be appropriated and applied to the purposes specified in the Schedule hereto and to no other purpose.
(4). Contribution to sinking fund, as contemplated by the contribu-provisions of sections thirteen and twenty-seven of the
shall comnence General Loan and Inscribed Stock Ordinance 19
after the expiration of years from the date of the first issue of
from the date of the issue of
mencement
In to
king fund.
Deal.
are
debentures or inscribed stock to be issued under this Ordinance.
(5). Ordinance Ho.12 of1905 and also Ordinance No. 11 of 1905 so far as the latter Ordinance has not been acted upon, hereby repealed, but nothing in the repeal of Ordinance No. 11 1905 shall affect the rights of any person who holds stock under
the authority of that ordinance.
SCHEDULE.
gn
2
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