TNAG-2755-FCO40-3972-Banking-situation-in-Hong-Kong-1993 — Page 21

1985 Ed.]

Overseas Trust Bank ( Acquisition }

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11. The Governor may give to the directors of the company such directions as he considers necessary or expedient in the public interest as to the exercise and discharge of their powers and functions.

Power to give directions.

Ordinance to

with certain other laws.

12. In any case where the provisions of this Ordinance con- flict with the Companies Ordinance, the Banking Ordinance, the prevail in conflict Deposit taking Companies Ordinance or the memorandum or articles of association of the company or any subsidiary thereof. the provisions of this Ordinance shall prevail, but otherwise those Ordinances. memoranda and articles shall continue to apply to the company and its subsidiaries.

(Cap. 32.) (Cap. 115.) (Cap. 328.)

2) 51186.2.149.

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