HONG KONG.
24
No. 11 of 1929.
I assent.
L.S.
C. CLEMENTI, Governor.
26th July, 1929.
An Ordinance to extend for a further period the powers granted by the Mercantile Bank Note Issue Ordinance, 1911, to the Mercantile Bank of India, Limited, to make, issue, re- issue and circulate notes in the Colony.
[26th July, 1929.]
Be it enacted by the Governor of Hong Kong, with the advice and consent of the Legislative Council thereof, as follows:-
1. This Ordinance may be cited as the Mercantile Short title Bank Note Issue Amendment Ordinance, 1929, and and shall be read and construed as one with the Mercantile construction. Bank Note Issue Ordinance, 1911, and the said Ordi- Ordinance nance and this Ordinance may be cited together as the No. 65 of Mercantile Bank Note Issue Ordinances, 1911 and 1929.
1911.
powers
2. Notwithstanding anything contained in section 7A Extension of the Mercantile Bank Note Issue Ordinance, 1911, for a further relating to the termination by effluxion of time of the period of the powers granted to the company by the said Ordinance, granted by but subject in all other respects whatsoever to the Ordinance provisions of the said Ordinance, it shall be lawful for No. 65 of the company to make, issue, re-issue and circulate 1911, s. 7A. notes until and including the 12th day of July, 1939, after which date the company shall cease to issue or re-issue notes but shall redeem any notes which it shall have previously issued or re-issued.
Crown and of
3. Nothing in this Ordinance shall affect or be Saving of deemed to affect the rights of His Majesty the King, rights of the His heirs or successors, or the rights of any body politic certain other or corporate or of any other person except such as are rights. mentioned in this Ordinance and those claiming by, from or under them.
Passed the Legislative Council of Hong Kong, this 25th day of July, 1929.
E. I. WYNNE-JONES,
Deputy Clerk of Councils.
No comments yet.
Private notes are available after approval.