CO129-515-8 Hong Kong and Shanghai Banking Corporation- amendment ordinances- and reports 26-1-1929 - 8-7-1929 — Page 11

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

11

section 10 of the Ordinance which limits the privilege of

note issue until and including the 12th July, 1939, the day

on which it is understood, the privilege of note issue

granted to the Chartered Bank of India, Australia and China

expires. Condition (b) has been observed by the giving of

an undertaking in the terms directed.

3.

report.

4.

A copy of the above undertaking is annexed to this

As the introduction of the bill was approved by the

Secretary of State it seems unnecessary to report on it in

detail, but a copy of the bill in the form in which it was

passed is annexed to this report in case it may be desired

to refer again to the Objects and Reasons, Tables of

Correspondence or Index.

5.

It is regretted that in section 17 the omission of

the year in the mention of the Companies Ordinance, 1911,

and the absence of a reference to the number and year of

that Ordinance in the marginal note, were overlooked.

6.

In my opinion this is an Ordinance to which His

Excellency the Governor may properly assent in the name of

His Majesty and on His behalf.

M

Attorney General.

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