CO129-522-12 Companies Amendment Ordinance 1929 21-12-1929 - 17-9-1930 — Page 28

Enclosure No. 2.

28

ATTORNEY GENERAL'S CHAMBERS,

Hong Kong.21st December, 1929.

REPORT ON ORDINANCE No......... 31...........of 192 9

1.

I have examined the accompanying Ordinance. intituled an

Ordinance to amend further the Companies Ordinance,

1911, and I am of opinion that the Ordinance is one which

is not contrary to the Governor's instructions.

20

The main object of this Ordinance is to enable

China companies to keep branch registers in the United

Kingdom or in any British possession or protectorate,

although they carry on no business in the place where

the branch register is kept. This legislation was

directed by the Secretary of State in his despatch of the

9th March, 1929.

3. The amendment is effected by section 3 of this

Ordinance which is based on section 37 of Ordinance No.155

(Companies) of the Ordinances of the Straits Settlements.

That precedent has been departed from in one respect.

The section in the Straits Settlements Ordinance gives

power only to keep a branch register "of members resident

in" the place where the branch register is kept. This