TNAG-2755-FCO40-3972-Banking-situation-in-Hong-Kong-1993 — Page 38

A BILL'

To

Amend the Overseas Trust Bank (Acquisition) Ordinance.

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 Overseas Trust Bank

(Acquisition) (Amendment) Ordinance 1993.

Annex

2.

Interpretation

Section 2 of the Overseas Trust Bank (Acquisition) Ordinance

(Cap. 379) 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

(a) by renumbering it as section 4 (1); and

(b)

by adding

"(2)

Subsection (1) shall cease to have

effect on the commencement of the Overseas Trust

Bank (Acquisition) (Amendment) Ordinance 1993

(

of 1993).

(3) Section 23 of the Interpretation and

General Clauses Ordinance (Cap. 1) applies to

the cessation to have effect of subsection (1)