TNAG-2795-FCO40-4035-Relations-between-Hong-Kong-and-Taiwan-1993 — Page 2

(2)

For the purposes of subsection (1)

(a)

(3)

(b)

(c)

"a recognized State" is a territory which is

recognized by Her Majesty's Government in the United

Kingdom as a State;

the laws of a territory which is so recognized shall

be taken to include the laws of any part of the

territory which are acknowledged by the federal or

other central government of the territory as a whole;

and

a material question is a question (whether as

capacity, constitution or otherwise) which, in the

case of a body corporate, falls to be determined by

reference to the laws of the territory under which the

body is established.

Any registration or other thing done at a time before the

coming into operation of this section shall be regarded as valid if

it would have been valid at that time, had subsections (1) and (2)

been in operation.

Explanatory Memorandum

The purpose of this Bill is to enable the question of whether a

body has corporate status, in cases where the body was established in

a territory which is not recognized as a State by the Government of

the United Kingdom but which has laws applied by a settled court

system, to be determined as if such territory were a State recognized

by the Government of the United Kingdom.