564098-1929-Ordinances-passed-and-assented-to---Di — Page 12

666 THE HONG KONG GOVERNMENT GAZETTE, DECEMBER 20, 1929.

HONG KONG.

No 31 OF 1929.

I assent.

L.S.

C. CLEMENTI, Governor.

Short title.

Amendment

of Ordinance No. 58 of 1911, s. 113 (1). Ordinance No. 15 of 1925.

20th December, 1929.

An Ordinance to amend further the Companies

Ordinance, 1911.

[20th December, 1929.]

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 Companies Amendment Ordinance, 1929.

2. Section 113 of the Companies Ordinance, 1911, as amended by section 8 of the Companies Amendment Ordi- nance, 1925, is further amended by the insertion of the following words at the end of sub-section (1) :--

The list thus published shall be divided into two parts. The first part shall contain the names of persons qualified to perform the duties require! by this Ordinance to be performed by an auditor where the accounts are kept in English and the second part shall contain the names of such per- sons as are qualified to perform the duties where the accounts are kept in Chinese. Where the accounts of a company are kept in English no person shall be appointed anditor unless his name appears in the first part of the list, and where the accounts of a company are kept in Chinese no person shall be appointed auditor unless his name appears in the second part of the list, Every company which keeps its accounts partly in English and partly in Chinese shall have its accounts audited as to that part which is kept in English by a person whose name appears in the first part of the list and as to that part of its accounts which are kept in Chinese by a person whose name appears in the second part of the list.

Insertion of new section 274 in Ordinance

No. 58 of 1911.

3. The Companies Ordinance, 1911, is amended by the addition of the following section immediately after section 278:-

274.-(1) Notwithstanding anything con- tained in sections 35, 36 or 37, a China com- pany having a share capital may, if so autho- rised by its articles, cause to be kept in the United Kingdom or any British possession or British protectorate a branch register of mem- bers, in this Ordinance called a "brauch register ".