180
LEGISLATIVE COUNCIL.
No. S. 118.-The following Bills were read a first time at a Meeting of the Council held on the 23rd May, 1918:-
A BILL
INTITULED
Short titles and con- struction.
7 & 8 Geo. 5, c. 48, s. 2.
Ordinance No. 3 of 1885.
Time of
Noting.
7 & 8 Geo. 5,
c. 48, s. 1.
An Ordinance to amend the Bills of Exchange
Ordinance, 1885.
BE it emnered by the Governor of Hongkong, with the advice and consent of the Legislative Council thereof, as follows:-
1. This Ordinance may be cited as the Bills of Ex- change (Time of Noting) Ordinance, 1918, and shall be read and construed as one with the Bills of Exchange Ordinance, 1885, and the said Ordinance and this Ordi- nance may be cited together as the Bills of Exchange Ordinances, 1885 and 1918.
2. In sub-section (4) of section fifty-one of the Bills of Exchange Ordinance, 1885, (which relates to the time of noting a dishonoured bill), the words "it must be "noted on the day of its dishonour" shall be repealed, and the following words shall be substituted therefor, namely, "it may be noted on the day of its dishonour and must be noted not later than the next succeeding 'business day".
Objects and Reasons.
The object of this bill is to introduce here the pro- visions of the United Kingdom Bills of Exchange (Time of Noting) Act, 1917, which enables a bill to be noted for uon-acceptance or non-payment on the next business day after the day of its dishonour. Inconvenience often arises from the present state of the law on this point which requires the bill to be noted on the day of its dishonour.
Ard April, 1918.
BILL
J. II. KEMP,
Attorury Gearral.
Short title.
Interpreta- tion.
INTITULED
An Ordinance to require certain returns to be made to the Custodian of Enemy Property.
Bit enacted by the Governor of Hongkong, with the advice and consent of the Legislative Council thereof, as follows:--
1. This Ordinance may be cited as the Claims against Enemies Ordinance, 1918.
2. In this Ordinance :-
Enemy Government" means the Government of
any State at war with His Majesty. Enemy persons" includes all persons, firms, companies, and corporations, residing or carrying on business in enemy territory or in territory in hostile occupation.
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