TNAG-1515-FCO40-2076-Bridges-and-tunnels-in-Hong-Kong-1986 — Page 21

such transfer, the Government holds the shares which,

immediately after that event, it is by subsection (1)

entitled to hold.

(3) Shares transferred to the Government under this

section shall be fully paid up and free from encumbrances

and shall be held on behalf of the Government by the

Financial Secretary Incorporated.

(4)

For the purposes of this section -

(a) shares shall be deemed to be held by the

Government notwithstanding that, after they have

been transferred to the Government under this

section, the Government may subsequently have

disposed of them;

(b) a "relevant event" takes place

(i) on the commencement of this Ordinance;