593894-1939-Ordinance-passed-and-assented-to---Law-revision--No-33-of-1939 — Page 66

THE HONG KONG GOVERNMENT GAZETTE, SEPTEMBER 2, 1939. 877

Schedule,-contd.

SHORT TITLE.

AMENDMENT OR REPEAL.

47. The General Loan (9) Section 25 is amended—

and Inscribed Stock Ordinance, 1913.

(No. 7 of 1913), -contd.

(i) by the repeal of the word the second line;

shall

in

for

(ii) by the substitution in the fifth and sixth lines of the words and figures

Colonial Stock Acts, 1877 to 1934, Act of the Imperial Parliament entitled 'The Colonial Stock Act, 1877' ".

(10) Section 26 is amended by the substitution

of the word has for shall have the last line.

in

(11) Section 27 is amended by the substitution of the word "remains" for "shall remain" in the first line.

(12) Section 28 is amended by the substitution of the words and figures mentioned in section 27 for the words hereinbefore mentioned

in the last line.

1

(18) Section 29 is amended by the substitution

of the words is not for shall not be in the third line.

(14) Section 30 is amended by the substitu-

tion-

56

56

(i) of the word any for the in the first line;

(ii) of the word

F

18 for

shall be "

in the second line;

(iii) of the word "becomes" for "shall have become" in the fourth line.

(15) Section 31 is amended by the substitution

of the word

$

any for the at the

beginning of the second line.

(16) Section 35 is amended by the substitu-

tion-

for

(i) of the words

the sinking fund

any sinking fund

in the first line.

funds

(ii) of the word fund for "

in the ninth and the tenth lines.

+

(17) Section 36 is amended by the substitution

of the words

" for any sinking fund the sinking funds in the first line.

(18) The following section is inserted as section

39-

tions.

39. Notwithstanding anything to the Cesser of contrary contained in this Ordinance, if at sinking fund any time the trustees of the sinking fund contribu- of any loan issued or to be issued under the provisions of this Ordinance (other than a debenture loan redeemable by annual drawings or by purchase in the market) are satisfied that the value of the fund will be sufficient with further ac-