TNAG-2125-FCO40-3032-Banking-situation-in-Hong-Kong-1990 — Page 108

(i)

(j)

Any judgment or award obtained by or against DnC and not fully satisfied before the appointed day shall on that day, to the extent to which it is enforceable by or against DnC, become enforceable by or against Den norske Bank.

Nothing in this Ordinance shall terminate or prejudicially affect the appointment, authority, rights or powers of any receiver or of any receiver and manager appointed by DnC, whether alone or with others, before the appointed day.

Contracts of employment

7.

(1)

(2)

Section 6(a) shall apply to a contract for the employment of any person by DnC and employment with DnC and Den norske Bank under any such contract shall be deemed for all purposes to be a single continuing employment.

No director or auditor of DnC shall by virtue only of this Ordinance become a director or, as the case may be, auditor of Den norske Bank.

Pensions

8.

(1)

(2)

The trust deeds and rules constituting or relating to the fund scheme established in Hong Kong and known as the DnC Hong Kong Branch Standard Chartered Provident Plan shall, on and from the appointed day, be construed and have effect, so far as the context permits, as if for any reference therein to DnC there were substituted a reference to Den norske Bank.

No officer or employee of DnC who is deemed to become an officer or employee of Den norske Bank by virtue of this Ordinance shall by virtue of this Ordinance be entitled to participate in any pension fund of Den norske Bank, and no existing officer or employee of Bergen Bank shall, by virtue of this Ordinance, be entitled to participate in any pension fund of DnC or the DnC Hong Kong Branch Standard Chartered Provident Plan.

Evidence: books and documents

9.

(1)

(2)

All books and other documents which would, before the appointed day, have been evidence in respect of any matter for or against DnC shall be admissible in evidence in respect of the same matter for or against Den norske Bank.

In this section "documents" has the same meaning as in section 55 of the Evidence Ordinance (Cap.8).