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THE HONGKONG GOVERNMENT GAZETTE, 10тп MARCII, 1866.
Prohibition of Partnerships exceed- ing certain Number.”
Section V, of "The
Companies Ordinance
1865" repealed and
"IV. No Company, Association, or Partnership consisting of more than Twenty "Persons shall be formed after the Commencement of this Ordinance for the "Purpose of carrying on any Business that has for its Object the Acquisition of "Gain by the Company, Association or Partnership, or by the Individual Members "thereof, unless it is registered as a Company under this Ordinance or is formed "in pursuance of some other Ordinance, or of a Charter of Incorporation, or of "Letters Patent. Provided always, that nothing in this Ordinance contained "shall apply to or affect any Company, Association, or l'artnership formed for "the Purpose of carrying on the Business of Banking."
II. "The Companies Ordinance 1865" is further amended by repealing Section V,
new Section inserted and by inserting in lieu thereof the Section following:-
in lieu thereof.
"Division of Or- dinance."
Section VI of "The
"V. This Ordinance is divided into Six Parts relating to the following Subject
"Matters:-
"The First Part to the Constitution and Incorporation of Companies and Associations
"under this Ordinance.
"The Second Part to the Distribution of the Capital and Liability of Members of
"Companies and Associations under this Ordinance.
"The Third Part to the Management and Administration of Companies and Associa
"tions under this Ordinance.
"The Fourth Part to the Winding up of Companies and Associations under thi
"Ordinance.
"The Fifth Part to the Registration Office.
"The Sixth Part to the Repeal of Ordinances."
III. "The Companies Ordinance 1865" is hereby further amended by inserting in Companies Ordinance the first Line of Section VI thereof, after the word "Purpose," the Words following:-
1865" amended.
"The Companies Ordinance 1865”
amended by repealing Section XXXVNI,
Section XLIV of The Companies Ordinance 1805" amended.
Part of Section LVI
Ordinance 1865”
"except that of carrying on the Business of Banking."
IV. "The Companies Ordinance 1865" is hereby further amended by repealing Section XXXVIII thereof, and by renumbering the remaining Sections as though th Section repealed had never been inserted.
V. "The Companies Ordinance 1865" is hereby further amended by expunging from Section XLIV thereof the Words "Every Limited Banking Company and."
VI. "The Companies Ordinance 1865" is further amended by expunging from Sectio of "The Companies LVI thereof the Paragraph numbered (1) and commencing with the words "In the cas of a Banking Company" and concluding with the words "being issued," and by expung ing from the Paragraph numbered (2) the word "other," and by renumbering the Para graphs of the same Section as though the expunged Paragraph had never been inserted
repealed.
Section CLI of "The
VII. Section CLI of "The Companies Ordinance 1865" is further amended b Companies Ordinance inserting after the Words "wound up" in the seventh and eighth Lines thereof the Word
following:-
1805" amended.
Power to Commission-
Amendments, &e., in
"and the Words 'the Board of Trade' shall be read as meaning His Excellenc "the Governor."
VIII. It shall be lawful for the Commissioners appointed to compile a new Editio ers to make foregoing of the Ordinances to make therein, and they are hereby required to make therein, th the new Edition of several Amendments hereinbefore mentioned. The Commissioners shall also in the new Edition expunge from the said Ordinance the Words and Figures preceding Sectio XXXVIII, that is to say:-
the Ordinances.
€
"PART III."
"LIABILITY OF BANKING COMPANIES ISSUING NOTES"
and also shall where the Words and Figures "Part IV," "Part V," "Part VI," ar "Part VII," occur in the subsequent Part of the said Ordinance, substitute there! "Part III," "Part IV," "Part V," and "Part VI," respectively.
Passed the Legislative Council of Hongkong, this 6th Day of March, 1866. ·
L. D'ALMADA E CASTRO,
Clerk of Councils.
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