CO129-510-15 China (Companies) order in Council- 1925- correspondence 19-4-1928 - 31-12-1928 — Page 59

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The Under Secretary of State

Downing Street,

11th May, 1926.

Sir.

With reference to previous correspondence on the

subject of the annual fee levied on the British American

Tobacco Co.(China) Ltd. under Section 273 of the Hongkong

Companies Ordinance 1911, I am directed by Mr.Secretary

Amery to inform you that the Governor of Hongkong has now

proposed that a reduction of the fee from four cents to

one cent should be made on each hundred dollars of the paid

up capital in the case of any company such as the British

American Tobacco Co., (China) Ltd. which is a private company,

and in which substantially all the shares are held by a

parent company.

2.

The Secretary of State has approved of the

Governor's proposal.

I am, Sir,

Your obedient Servant,

(sgd) G. Grindle.

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