CO129-567-10 Companies Amendment Ordinance- draft bill 15-9-1938 - 28-9-1938 — Page 61

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and of

the advice of the Examiner of

Mr.

Mr.

Mr.

Mr. A. J. Dawe.

Sir H. Moore.

Sir G. Tomlinson.

Sir J. Shuckburgh.

Permt. U.S. of S.

Parly. U.S. of S.

Secretary of State.

DRAFT.

Banks or of the Banking Advisory

Committee, te tire coonpanicaumich

transact banking business, e.g. the

section might be so drafted as to

apply to any businesses which

Conturning

although

not

in the word "banking" in the title

purporting to carry on the functions of braking

or

business which is not

keverttalkss do

ostensibly or primarily being

FURTHER ACTION.

perform

in practice

I wored suggest

yg such regs.

that it wooned

diy it mit be better to

transfer the section to Part XV of

the Ordinance.

2.

It appears to me that the

most important question to be

Bill with these in

considered in this connexi

onnexion

the

selection of the Examiner of Banks who

will now be required. In view of the

complications of banking business and

circumstances in Hong Kong, and the

peculiar international relations of

the Colony, I am advised that in the

first instance it might be best to appoin t