108504-1927-Ordinances-passed-and-assented-to--Jesuit-Order-Incorporation-No-18-of-1927-General-Loan-and-Inscribed-Stock-Amendment-No-19-of-1927-Medical-Registration-Amendment--No-20-of-1927 — Page 4

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THE HONG KONG GOVERNMENT GAZETTE, NOVEMBER 4, 1927.

KONG

HONG KONG.

L.S.

No. 19 OF 1927.

I assent.

W. T. SOUTHorn,

Officer Administering the Government.

Short title. Ordinance No. 7 of 1913.

4th November, 1927.

An Ordinance to amend the General Loan and

Inscribed Stock Ordinance, 1913.

[4th November, 1927.]

BE it enacted by the Governor of Hong Kong, with the advice and consent of the Legislative Council thereof, as follows:-

1. This Ordinance may be cited as the General Loan and Inscribed Stock Amendment Ordinance, 1927, and shall be read as one with the General Loan and Inscribed Stock Ordinance, 1913, hereinafter called the principal Ordinance.

Cesser of 2. Notwithstanding anything to the contrary contained sinking fund in the principal Ordinance, if at any time the trustees of contributions. the sinking fund of any loan issued or to be issued under the provisions of the said Ordinance (other than a deben- ture loan redeemable by annual drawings or by purchase in the market) are satisfied that the value of the fund will be sufficient with further accumulations of interest but without further payments of contributions to enable the loan to be redeemed out of the proceeds of the sinking fund when the same shall fall due to be redeemed, the Governor may with the approval of the Secretary of State suspend further payments of contributions to the said sinking fund: Provided always that contributions to the sinking fund shall be recommenced if the trustees shall at any time inform the Governor that it is necessary.

Passed the Legislative Council of Hong Kong, this 3rd day of November, 1927.

E. W. HAMILTON,

Deputy Clerk of Councils.

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