CO129-432 - Governor Sir May - 1916 [3-5] — Page 28

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Report

on an ordinance intituled an Ordinance to amend

the Societies Ordinance, 1911,

26

The object of this Ordinance is to exclude money foan

associations from the operation of the Societies Ordinance,

1911.

These associations are extremely common in the Colony,

especially among the Chinese, and fulfil a very useful purpose, It was never intended that they should be made illegal, but

a recent decision of the Supreme Court has revealed the fact that that is the effect of the principal Ordinance.

Section amends the law for the future, and section 3 deals with Loney loan associations in existence before or at

the commencement of the ordinance. The proviso to the latter

section is intended to prevent the section from having any

effect on any action which was begun before the commencement

of the Ordinance.

In my opinion this is an Ordinance to which His Excellency the Governor may properly assent in the name of His Majesty

end on His behalf.

Attorney General,