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Objects and Reasons.
1. The object of this bill is to prohibit, for a certain period after the termination of the present war, the carrying on of banking business in the Colony for the benefit of or under the control of persons who are or have been subjects of any state which was at war with His Majesty on the 31st December, 1918.
2. The policy of this prohibition is adopted from sec- tion 2 of the Trading with the Enemy (Amendment) Act, 1918, 8 & 9 Geo. 5, c. 31.
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3. The present bill fixes the period of prohibition at five years, but a short amending Ordinance could extend this period hereafter if necessary. The English Act makes the period indefinite, the wording of section 2 being "During the period of five years immediately after "the termination of the present war and thereafter until Parliament otherwise determine". This wording em- phasises two points, ie, that the period is intended to be a limited one, but that on the other hand it may extend beyond five years. If those two points are clearly understood it does not seem necessary in the present bill to do more than provide for a preliminary period of five years.
4. Clause 7 of the bill gives the Governor in Council power to make regulations governing in the widest manner the procedure and principles to be followed in the liquidations contemplated by the bill. It seems better to give an elastic power in this case, as it would be difficult to foresee and to provide for all points which may arise. It is, however, to be hoped that the pro- hibition of the Ordinance will be sufficient to prevent any attempt to carry on any banking business in con- travention of its provisions, and that accordingly the necessity for winding up rules will not arise.
17th February, 1919.
A BILL
J. H. KEMP,
Attorney General.
INTITULED
Au Ordinance to amend the Summary Offences
Amendment Ordinance, 1918.
Be it enacted by the Governor of Hongkong, with the advice and consent of the Legislative Council thereof, as follows:
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1. This Ordinance may be cited as the Summary Short title. Offences Ordinance, 1919.
2. Section 20 of the Summary Offences Amendment Repeal of Ordinance, 1918, is repealed.
Ordinance
No. 6 of 1918, s. 20.
Objects and Reasons.
1. The object of this bill is to repeal section 20 of the Summary Offences Amendment Ordinance, 1918.
2. That section makes contractors liable in the case of three classes of offences, irrespective of the contractor's personal participation in the offence. The reasons for this extension of the principle of vicarious criminal
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