CO129-561-6 Companies Amendment Ordinance draft bill- correspondence 18-1-1937 - 6-7-1938 — Page 53

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

C. O.

Mr.

Mr.

Mr.

53

information used to be published in this

country in bank books issued by the G.P.O.

Sir H. Moore.

Sir G. Tomlinson.

but it was found that this information

Sir C. Bottomley.

Sir J. Shuckburgh.

Permt. U.S. of S.

Parly. U.S. of S.

Secretary of State.

DRAFT.

FURTHER ACTION.

was of little practical use, and became

out of date. The present practice is to

print only a brief summary of conditions

in the bank book, and it is suggested that

this practice should be adopted in Hong

Kong, the bank book giving also a reference

to the full rules of the company, which

should be readily available for

examination by depositors.

Section 301(2). It should be made

clear that if the rules of the savings

bank company are amended after the initial

approval by the Governor, the amendments

will require similar approval.

Section 364. It should be made

clear whether this section means that

deposits cannot be increased by more than

$200 a month net, or whether it means

that deposits in any one month,

irrespective

("2132-150) Wt. 42370-82 15,000 4/38 T.S. 695

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