1890_COMPANIES_ORDINANCE__1865_AMENDMENT — Page 1

ORDINANCES Nos. 1 AND 2 OF 1866.

Criminal Law Amendment.

Companies Ordinance 1865 Amendment.

6. It shall be lawful for the commissioners appointed to compile a new edition of the Ordinances to make therein, and they are hereby required to make therein, the several amendments herein before mentioned.

NOTE.-The amendments in this Ordinance provided for, were incor- porated in volume I of the Ordinances published in 1866.

Power to commis- sioners to make fore- going amend- ments in the new edition of the Ordi-

nances.

No. 2 of 1866.

An Ordinance to amend "The Companies Ordinance, 1865."

[6th March, 1866.]

BE

E it enacted by His Excellency the Governor of Hongkong, with the

advice of the Legislative Council thereof, as follows:—

Title. [See Ordi- nanoes No. 1 of 1865, No. 3 of 1866, No. 1 of 1877, No. 14 of 1881, No. 3 of 1883; No. 30 of 1886.]

1. "The Companies Ordinance 1865" is hereby amended by repealing Section 4 of section 4 and by inserting in lieu thereof the section following:-

"The Com- panies Ordinance 1865" repealed, and new seotion inserted in lieu thereof. "Prohibition of partner- ships exceeding certain number."

4. "No company, association, or partnership consisting of more. than twenty persons shall be formed after the commence- ment 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 pur- suance 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 partnership formed for the purpose of carrying on the business of banking." 2. "The Companies Ordinance 1865" is further amended by repeal- Section 5 of ing section 5, and by inserting in lieu thereof the section following:-

5. "This Ordinance is divided

"The Companies Ordinance

following subject matte, to six parts relating to the 1865"

"The first part to the constitution and incorporation of com-

panies and associations under this Ordinance.

repealed and new section inserted in lieu thereof.

"Division of Ordinance.”