30867-1913-Ordinances-passed-and-assented-to--Legal-Practitioners-Amendment-No-19-of-1913 — Page 6

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THE HONGKONG GOVERNMENT GAZETTE, JULY 25, 1913.

(b.) by the insertion of the words "shall be in

the English language and shall contain the auditors' report required under the pro- visions of sub-section (2) of section 114, and it "between the words "summary and "must

in the first line of sub-section (4).

6. Section 66 of the Principal Ordinance is hereby amended :-

(a.) by the insertion of the words " which shall be in the English language "between the words "report" and and" in the second line of sub-section (2);

(b.) by the addition at the end of sub-section

(3) of the following paragraph :—

"In the case of every Company formed for the purpose of taking over a business as a going concern the statutory report shall also contain a statement of the assets and liabilities acquired showing what part of such assets and liabilities have been re- alised or discharged respectively between the date of the incorporation of the Com- pany and the date of the statutory report." (c.) by the insertion between the words

ac-

count" and "be" in the fourth line of sub-section (4) of the following words:- "and in the case of a Company formed for the purpose of taking over a business as a going concern to the assets and liabilities of such business realised or discharged respectively".

Amendment of section 66 of Principal Ordinance.

7. Section 71 of the Principal Ordinance is hereby Amendment amended by the insertion of the words "in the English of section 71 language" between the words "printed" and "and" in the of Principal fourth line of sub-section (1).

Ordinance.

8. Section 76 of the Principal Ordinance is hereby Amendment amended by the insertion of the words (" which shall be in of section 76 the English language)" between the words "thereof " and

of Principal Ordinance. " and

in the fourth line of sub-section (1).

9. Section 77 of the Principal Ordinance is hereby Amendment amended by the addition at the end of sub-section (1) of of section 77 the following words :-

of Principal Ordinance.

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"And for this purpose they shall cause to be kept

the following books namely:

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(4.) A cash book or books which shall contain a full and complete record of all sums of money paid to the Company or to any agent of the Com- pany and of all sums of money expended by the Company or by any agent of the Company and of the matters in respect of which such receipt and expenditure take place.

Provided that, if such book or books are kept in a language other than English, there shall also be kept in the English language a book which shall contain a daily summary of all the receipts which are recorded in the cash book or books. There shall be set out in such summary noder appropriate heads the daily totals of receipts and payments in such a manner as to shew clearly their respective sources and the accounts in respect of which they are made, and full particulars shall be given of all re- ceipts and payments on account of capital and of all payments made to Directors of the Company. The entries in such book shall in every case be made at a date not later than one month from the date under which the transactions of which they are a record are entered in the cash book or books.

(6.) A journal or other book or books in which shall be recorded all financial transactions of the Company other than cash transactions and all transactions which in any way affect the ac- cretions and diminutions on capital and revenue accounts of the Company with full explanations of such transactions.

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