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7. Section 319 of the Companies Ordinance, 1932, is Substitution repealed and the following section is substituted therefor :

for Ordin- ance No. 39

of 1932, s. 319.

&c. to be

319.-(1) Companies incorporated outside the Colony Documents which, after the commencement of this Ordinance, establish delivered to a place of business within the Colony, shall, within one month to registrar from the establishment of the place of business, deliver to the carrying on

by companies registrar of companies for registration--

business in the Colony. 19 & 20 Geo.

5, c. 23,

(a) a certified copy of the charter, statutes or memoran- dum and articles of the company, or other instrument s. 344. constituting or defining the constitution of the company, and, if the instrument is not written in the English language, a certified translation thereof;

(b) a list of the directors of the company, containing such particulars with respect to the directors as are by this Ordinance required to be contained with respect to directors in the register of the directors of a company;

(c) the names and addresses of some one or more persons resident in the Colony authorised to accept on behalf of the company service of process and any notices required to be served on the company.

(2) Companies to which this Part of this Ordinance applies, other than the companies mentioned in sub-section (1) of this section, shall (if at the commencement of this Ordinance they have not delivered to the registrar the docu- ments and particulars specified in sub-section (1) of section two hundred and fifty-two of the Companies Ordinance, 1911) deliver the documents and particulars in accordance with sub-section (1) of this section within three months from the commencement of this Ordinance.

8. Section 352 of the Companies Ordinance, 1932, is Amendment amended:

(a) in sub-section (3) by the substitution of the words "paid in advance by every China Company to the registrar of companies" for the words "paid in Hong Kong currency in advance by every China Company to the Colonial Treasurer of Hong Kong";

(b) by the addition of the following sub-sections at the

end thereof:

(6) If the fee payable under sub-section (3) is paid to the registrar of companies in Hong Kong and the paid up capital of the company is not in Hong Kong currency the said capital shall be converted into Hong Kong currency at the Hong Kong and Shanghai Banking Corporation's opening selling rate on the day of payment and the fee shall be paid- in Hong Kong currency on the sum so calculated.

(7) If the fee payable under sub-section (3) is paid to the registrar of companies in Shanghai and the paid up capital of the company is not in Shanghai currency the said capital shall be converted into Shanghai currency at the Hong Kong and Shanghai Banking Corporation's opening selling rate on the day of payment and the fee shall be paid in Shanghai currency on the sum so calculated.

of Ordin- ance No 39 of 1932, s. 352.