TNAG-2459-FCO40-3580-Future-of-Hong-Kong-constitutional-development-administrati-1992 — Page 167

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(b)

(c)

(d)

executed instrument of transfer in respect of the transfer of such registered securities from MEFIL to Emirates Bank;

any deed or other document made or executed on or after the appointed day, whereby Emirates Bank or MEFIL, whether alone or jointly with any other person, conveys or transfers or purports to convey or transfer, to any person (whether for consideration or not), or applies to be registered as the holder or proprietor of, any property held by MEFIL immediately before the appointed day and forming part of the undertaking, whether alone or jointly with any other person, shall be sufficient evidence that the interest of MEFIL in that property is deemed to be vested in Emirates Bank under this Ordinance.

transaction

or purported or MEFIL on or after the or in relation to, any

where there is any other transaction by Emirates Bank appointed day in connection with, property or liabilities which are property or liabilities of MEFIL immediately before that day and forming part of the undertaking, it shall be deemed in favour of any other party to the transaction, or any person claiming through or under him, that Emirates Bank has full power and authority for that transaction as if the property or liabilities were deemed to be vested in it under this Ordinance;

of

a certificate given by or on behalf of Emirates Bank at any time that any property or liability specified in the certificate (which property or liability immediately before the appointed day is the property or liability MEFIL) is or, as the case may be, is not, deemed to vested in Emirates Bank under this Ordinance, shall conclusive evidence for all purposes of the fact SO certified.

be

be

of

(3) Nothing in subsection (2)(c) or (d) shall affect the liability of MEFIL and Emirates Bank to the other of them in respect anything done, or purporting to have been done, by either of them connection with, or in relation to, any property or liabilities.

in

(4)

In subsection (2)-

(a)

"registered securities" (

王册

證券)

means shares,

(b)

stocks, debentures, loans, bonds, units of a unit trust scheme or other shares of the investments subject to the

trusts of such a scheme, and other securities of any

description which are transferable and the holders of which are entered in a register (whether maintained

Hong Kong or not); and

"convey" (

in

轉讓 > includes mortgage, charge, lease,

assent, vest by way of vesting declaration or vesting

instrument, disclaim, release or otherwise assure.