TNAG-1949-FCO40-2777-Future-of-Hong-Kong-First-Pacific-Bank-Limited-1989 — Page 35

(2)

(3)

trustee appointed by order of any court, or in any

other fiduciary capacity, shall, on and from the appointed day, be held by First Pacific Bank alone or, as the case may be, jointly with such other person, in the same capacity upon the trusts, and with and subject to the powers, provisions and liabilities, applicable thereto respectively.

to

Any existing instrument or order of any court under or by virtue of which any property became vested in Far East Bank in any such fiduciary capacity as is referred

in subsection (1) (including in the case of a will any grant of probate thereof), and any provision in such instrument or order, or any existing contract ΟΙ arrangement, for the payment to, or retention by, Far East Bank of remuneration for its services in any such

such fiduciary capacity, shail on and from the appointed day, be construed and have effect, So far as the context permits, as if for any reference

therein to Far East Bank there were substituted

a reference to First Pacific Bank.

No testamentary gift shall be adeemed by reason only of the operation of any of the provisions of this Ordinance.

Supplementary provisions

7.

Without prejudice to the generality of any other provision of this Ordinance but subject to any provision of this Ordinance to the contrary effect, the following provisions

this section shall have effect:-

(a) All

existing

contracts,

agreements, deeds,

certificates, awards, conveyances, leases, licences, notices, permits, guarantees, bonds, indemnities, mandates, instructions and other instruments and undertakings entered into by, made with, given to or by or addressed__to_ Far East Bank (whether alone or with any other person and whether as principal or agent and whether in writing or not), other than those entered into, made, given to or by or addressed to Far East Bank in relation to the excluded property, shall be construed and have effect on and from the appointed day as if:-

(i)

First Pacific Bank had been a party thereto instead of Far East Bank;

1