CO129-557-9 British protection of companies in China 26-3-1936 - 27-2-1937 — Page 139

2.

139

of those persons having authority to sign on behalf of

the company, at least one half of the subscribers of a

private company, of the directors and of the committee

of management shall be French citizens or subjects, or

nationals of a country under French protection or

TJIE KAN BRI

mandate.

The above requirement as to nationality shall

be fulfilled by at least two thirds of those person s

with authority to sign on behalf of the company being

personnel of branches or agencies in China.

(2) The capital must be effectively owned, up to

35 per cent at the least, by French citizens or subjects

or nationals of countries under French protection or

mandate.

Article 3. The following particulars shall be noted

in the register:

(1) The date of the company's memorandum of association

of which a copy shall be filed;

(2) The surname, Christian names, date and place of

birth, domicile, profession, original nationality, and

in the case of the acquisition of another nationality

the means whereby this was acquired, of the persons

specified in Article 2 (1);

(3) A reference to the declaration made by the persons

in control of the company declaring that at least two

thirds of the managing personnel with authority to

commit the company fulfil the requirements of Article 2(1),

This declaration shall be filed and shall contain a list

of the names of the personnel referred to above;

(4) A reference to the declaration made by the

persons controlling the company declaring that at least 35 per cent of the capital is owned by persons fulfilling

the requirements as to nationality prescribed in Article 2.

This declaration shall be filed and shall contain a list of

the names of the owners of this portion of the capital.

/Article 4.