CO129-613-4 Transfer of registration of China Companies from the United Kingdom to Hong Kong 16-4-1946 - 3-2-1948 — Page 117

Palmer

29/4

54296/47

120

Your despatch No.208

PRIORITY

SAVINGRAM.

1.

GOVERNOR

•

HONG KONG.

Copy to

B/Trade

F.0.

(A.R.C.Fleming)

(A.L.Scott)

Companies Registration.

As regards paragraphs 2 and 3 of your

despatch the difficulties are appreciated of

completing the drafting of an Ordinance to deal

with all the problems arising out of the registra-

tion of China Companies in Hong Kong, and I am

prepared to leave to you the decision whether the

matter should be dealt with under the Emergency

Registration of Companies Proclamation No.27 and

amendments thereto. I am advised that that

Proclamation as continued in force and amended by

Ordinance No. 2 of 1946, and regulations made

thereunder, would satisfy the requirements of

Section 2 of Article 4 of the China Order in Council

1943. Accordingly I have no objection to the

continued use of Proclamation and regulations made

thereunder provided you are satisfied that changes

in the organisation of China Companies and other

matters incidental to their registration in Hong

Kong can be adequately dealt with by such

regulations. Failure to secure registration will

result in such a Company ceasing to exist (see

China Order in Council 1943 Article 4 section 3),

and I assume that the discretion conferred under

Article 2 of Proclamation No.27 will in general be

/exercised