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possession, and includes a China Company and a Hong Kong Company.
3.-(1.) The Consul-General at Shanghai, in- cluding any person acting for such Consul- General, shall be Registrar of Companies at Shanghai.
(2.) All acts done within the limits of this Order in pursuance of the provisions of the Ordinance or of the Life Insurance Companies Ordinance by, to, with, or before the Registrar of Com- panies at Shanghai, shall, subject to the provisions of this Order, be of the same force and validity as if they had been done by, to, with, or before the Registrar of Companies in Hong Kong.
(3.) The Registrar of Companies at Shanghai shall be entitled to initiate such proceedings in the court as he may think necessary to enforce compliance with the provisions of this Order on the part of British Companies in China.
4. The Judge may by Rules of Court confer upon Provincial Courts jurisdiction in matters dealt with in the Ordinance, and may specify in such rules the courts by which, and the classes of cases in which, such jurisdiction shall be exer- cised, but subject thereto the jurisdiction con- ferred by the Ordinance upon any court shall within the limits of this Order be exercised by the Supreme Court.
5. In all matters relating to a Hong Kong Company the jurisdiction of the Supreme Court and of the Supreme Court of Hong Kong shall be concurrent, and the said two courts shall in all respects be auxiliary to each other.
6. Where any proceedings relating to a Hong Kong Company, or for the winding up of any such company, are commenced in the Supreme Court, and it appears that the principal part of such company's business is carried on within the limits of Hong Kong, or that for any other reason such proceedings might more conveniently be carried on at Hong Kong, the Supreme Court may, of its own motion, or on the application of any party, make an order transferring the pro- ceedings to the Supreme Court of Hong Kong.
7. The Supreme Court shall enforce within the limits of this Order any order or decree made by the Supreme Court of Hong Kong in the course of any proceedings relating to a Hong Kong
Company, or for the winding up of any such company.
8.-(1.) The majority of the directors of a China Company shall be British subjects resident within the limits of this Order.
(2.) If at any time the proportion of directors who are British subjects resident within the limits of this Order falls to or below one-half, it shall be the duty of the directors and also of the share- holders of the company to take within thirty days, or such further period as the court may allow, all necessary steps for the appointment of such number of directors who are British subjects resident within the limits of this Order as may be necessary to comply with the provisions of this article.
(3.) If default is made in compliance with this article the company shall be liable to a fine not exceeding 50 dollars for every day during which the default continues, and every director and every manager of the company who knowingly authorises or permits the default shall be liable to the like penalty.
(4.) Failure to comply with the provisions of this article shall be a ground upon which an order for winding up the company may be made by the
court.
9. No person other than a British subject shall be entitled to act as the auditor of a China Company. The appointment of any such person as the auditor of a China Company shall be void, and any certificate or other document given, or act done, by any person who is not a British subject purporting to act as auditor of a China Company shall not be held to comply with any requirements of the Ordinance.
10. No person other than a British subject shall be appointed to act within the limits of the Order
as liquidator of a British Company or as receiver
or manager on behalf of the debenture-holders of the property of a British Company except with the sanction of the court,
11. (1.) All documents and other written information which a company is required by the Ordinance to file with the Registrar of Companies shall in the case of a China Company be filed with the Registrar of Companies at Shanghai,
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