CO129-567-10 Companies Amendment Ordinance- draft bill 15-9-1938 - 28-9-1938 — Page 71

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initial approval by the Governor, the

amendmenta will require similar approval.

Ceotion 364. It should be made

alcar 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 of withdrawals, wist nos be

greater than $200.

It might be preferable that the

maxima: limit on total deposits should be

prescribed by rules made under the

Ordinance, and if necessary altered from

time to time by the Governor in Council,

as recommended in paragraph 32 of the

Report of the Departmental Comittee,

copies of which were sent to liong Kong

the

in/Secretary of State's circular despatch

༢༠/༣༠

of the 3rd of August, 1985.

The position should presumably