63770-1919-Supplementary-Bills-read-a-first-time--Non-Ferrous-Metal-Industry-Banking-Business-Prohibited-Control--Summary-Offences-Union-Insurance-Society-of-Canton-Limited-Capital-Conversion- — Page 1

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No. S. 47. The following Bills were read a first time at a Meeting of the Council held on the 27th February, 1919:-

A BILL

INTITULED

An Ordinance to restrict temporarily the per- sons who may engage in business connected with certain non-ferrous metals and metallic

ores.

BE it enacted by the Governor of Hongkong, with the advice and consent of the Legislative Council thereof, as follows:-

1.-1.) This Ordinance may be cited as the Non- Short title. Ferrous Metal Industry Ordinance, 1919.

(2.) This Ordinance shall continue in force only during the continuance of the present war and for a period of five years after the termination thereof.

and duration.

7 & 8 Goo. 5, c. 67, s. 10.

certain

2.-(1.) It shall not be lawful for any corporate body, Prohibition firm, or individual after the expiration of six months against from the commencement of this Ordinance, or such dealing in longer period as the Governor in Council may generally metals and or in any particular case allow, to carry on the business ores without of winning, extracting, smelting, dressing, refining, or a licence. dealing by way of wholesale trade, in metal or metallic 7 & 8 Geo. 5, ore to which this Ordinance applies, unless licensed to c. 67, s. 1, do so by the Governor in Council, such licence being in the form set out in the Second Schedule to this Ordi-

nance:

Provided that the purchase or sale of metal shall not be deemed to be dealing in such metal where such pur- chase or sale is incidental only to the trade carried on by the purchaser or seller:

Provided also that no licence shall be required when the winning, extracting, smelting, dressing, refining or dealing is carried on wholly outside the Colony.

(2.) In the case of a corporate body, firm, or indivi- dual with respect to which any of the conditions set forth in the First Schedule to this Ordinance apply, or which is controlled by a corporate body, firm, or indivi- dual in respect of which any such conditions apply, no licence shall be granted unless the Governor in Council is of opinion that the grant of a licence is expedient, but save as aforesaid any corporate body, firm, or indi- vidual carrying on or proposing to carry on such busi- ness as aforesaid shall on making application in the prescribed manner, and on furnishing such information and allowing inspection of such books and documents as may be reasonably required, and on payment of the prescribed fee, which shall not exceed ten dollars, be entitled to a licence under this Ordinance.

(3.) A licence under this Ordinance shall remain in force unless and until it is suspended or revoked.

(4.) The Governor in Council, if satisfied by evidence not before him at the time when the licence was granted that such corporate body, firm, or individual is, or has become, subject to any of the conditions set forth in the First Schedule to this Ordinance, or, in the case of a corporate body, firm, or individual to which a licence has been granted notwithstanding that it is subject to any such conditions as aforesaid, that it is expedient that the licence should be revoked or suspended, may revoke or suspend the licence.