61180-1919-Ordinances-passed-and-assented-to--Non-Ferrous-Metal-Industry-No-1-of-1919-Banking-Business-Prohibited-Control--No-2-of-1919-Summary-Offences--No-3-of-1919-Union-Insurance-Society-of-Canton-Limited-Capital-Conversation--No-4-of-1919 — Page 6

THE HONGKONG GOVERNMENT GAZETTE, MARCH 7, 1919.

5. That the corporate body, firm, or individual, is by any means whatever subject, directly or indirectly, in the conduct of their or his business to the influence of, or to association with, a prohibited person or a cor- poration under prohibited control.

6. That, in the case of a company, the company has issued share warrants to bearer and has not given notice under this Ordinance requiring the holders of the share warrants to surrender their warrants for cancellation.

For the purposes of this Schedule—

The term company means any company formed and registered under an Ordinance of the Colony of Hongkong.

The term "capital" in relation to a corporate body means any shares or securities issued by the corporate body which carry, or would, if the necessary formalities were complied with, carry any voting power with respect to the management of the corporate body, and shall also include debentures and deben- ture stock and money lent to the corporate body.

The term

trol

corporation under prohibited con- means any corporation-

(a) where the majority of the directors or the persons occupying the posi- tion of directors, by whatever name called, are prohibited persons; or (b) where the majority of the voting power is in the hands of persons who are prohibited persons, or who exercise their voting powers directly or indirectly on behalf of prohibited persons; or

(e) where the control is by any means whatever in the hands of prohibited persons; or

(d) where the executive is an ememy controlled corporation, or where the majority of the executive are appointed by an enemy controlled corporation, within the meaning of paragraphs (a), (b) or (c) of this clause.

CL

The term prohibited person " includes every person who is or at any time has been a subject of any state which on the 31st day of December, 1917, was at war with His Majesty.

of

SECOND SCHEDULE.

FORM OF LICENCE.

[s. 2 (1).]

(Name of corporate body, firm, or individual)

is hereby licensed under the Non-Ferrous Metal In- dustry Ordinance, 1919, to carry on the business of winning, extracting, smelting, dressing, refining, and dealing by way of wholesale trade in, the metals or metallic ores to which the said Ordinance applies.

By Order,

7 & 8 Geo. 5, c. 67, Second

Schedule.

Dated the

day of

Clerk of Councils.

2

19

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