CO129-561-6 Companies Amendment Ordinance draft bill- correspondence 18-1-1937 - 6-7-1938 — Page 64

Any further communication should be

addressed to :-

THE COMPTROLLER,

at the address given opposite.

The following number should be

quoted :-

7019/37.

Telegraphic Address :

COMPANIES, PARL, LONDON.

Telephone No.: Whitehall 5140.

OF

FIVED

Ꮒ -

7.64

BOARD OF TRADE

(COMPANIES DEPARTMENT),

4, CENTRAL BUILDINGS,

MATTHEW PARKER STREET,

LONDON, S.W.1.

Covered by Dimetus to Palun

lees have where for year

Sir,

3.536

21 AUG 1937

20th August, 1937.

C. O. REGY

In reply to your letter of the 29th July, reference

53600/37, relating to the proposed Bill to amend the Hong Kong

Companies Ordinance 1932, I am directed by the Board of Trade

to state for the information of Mr. Secretary Ormsby-Gore

that the report of the Departmental Committee which preceded

the Companies Act, 1929, contained a recommendation that no

company should without the consent of the Board of Trade be

registered with a name including the words "Bank" or "Banking".

It was decided, however, not to give effect to this

recommendation, in view of the possibility that the consent of

the Board of Trade to the use of such words in a company's

name might be wrongly regarded by the public as implying

some sort of government guarantee. The Board of Trade are

not aware whether there are reasons for such a provision in

The Under Secretary of State,

Colonial Office,

S.W.1.

A