CO129-395 - Public Offices - 1912 — Page 203

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*EK CRANDUK

as to the Alterations of the Hongkong Ordinance,' 1911, which appear to be desimble in order to carry out the proposed method of dealing with

Shanghai Companies.

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Section 2. If the proposal that Shanghai Companies should

not be allowed to be registered as companies limited by guarantee or as unlimited companies is adopted it shoul be provided that the words "or without" in the last

line of the first paragraph of this section and sub-sections (ii) and (iii) shall not apply to Shanglini Companies.

Section 4(1)(i). The words "or in Shanghai" should be in-

sorted after the word "Colony", It may be necessary to provide that the registered office of a company which is originally registered in Hongkong shall not be changed to Shanghai in order to prevent a company avoiding any special safeguards imposed on shanghai Companies. An oxception might, however, be made in favour of companies which are already on the Hôngkong Nogister when the Alteration cusc into operation

Sections 5 and 6. These sections should not apply to

Shanghai Companies. There are other sections in the

Crdinance