CO129-557-9 British protection of companies in China 26-3-1936 - 27-2-1937 — Page 20

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Mr Clauson to

See on

returns

10.

of Trade should put up a draft of an amendment

to the Order-in-Council of 1925 which would

endeavour to define a qualification for

which we stat kubout registration under the Order concerns which

had no substantial British interest, and which

would, in addition, provide E.M. Ambassador

or the Secretary of State with power to

register under the Order-in-Council an

additional category of companies which,

although not fully possessing the qualifica-

tions stipulated in the Order, were nevertheless

deemed to have such a substantial British

interest as to warrant their being registered

both for jurisdiction and protection purposes

as British companies. The privileges of

Sir J. Pratt suggested

that while, existing registered British

companies could not be safeguarded regardless

of whether their British interest was

sufficient to qualify under the revised terms

of the Order, it would be the best procedure

to allow them a year's grace in which to

effect any necessary changes in their manage-

ment or capital to enable them to qualify, or

to show alternatively that their British

interest was sufficient to allow them to be

included in the second category.

draft.

The for

? Wait for the Board of Trade

I in che comer

we she put in

w

a would complant whout the appeunt

matheaching infor ༩、(༤,

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jul Gaut

573

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5/3/37

14. Dumnean.

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