TNAG-2125-FCO40-3032-Banking-situation-in-Hong-Kong-1990 — Page 115

A BILL

Το

Amend the Hang Lung Bank (Acquisition) Ordinance.

1st draft: 27.11.89 2nd draft :

9.1.90

Enacted by the Governor of Hong Kong, with the advice and

consent of the Legislative Council thereof.

1.

Short title

This Ordinance may be cited as the Hang Lung Bank (Acquisition)

(Amendment) Ordinance 1990.

2.

Interpretation

Section 2 of the Hang Lung Bank (Acquisition) Ordinance

(Cap. 345) is amended in the definition of "former director" by

repealing "by section 7" and substituting "upon commencement".

3. Continued use of property etc.

Section 4 is amended by being renumbered as subsection (1) and

by adding after subsection (1)

"(2)

Subsection (1) ceased to have effect on the

commencement of the Hang Lung Bank (Acquisition) (Amendment)

Ordinance 1990 (

of 1990).

(3) Section 23 of the Interpretation and General Clauses

Ordinance (Cap. 1) applies to subsection (2) as if that

subsection had repealed subsection (1).".