1984 Ed.]
Companies
[CAP. 32
75
company may, if it appears that the certificate (in this section referred to as the "original certificate") relating to the shares is lost, apply to the company in the prescribed form for a new certificate in respect of such shares (in this section referred to as the "relevant shares").
(2) An application to a company under this section for a new certificate shall be accompanied by a statutory declaration made by the applicant stating the grounds upon which the application is made and, in particular-
(a) when the original certificate was last in the applicant's possession and how he ceased to have possession thereof;
(b) whether the applicant has executed any transfer in respect of the relevant shares, in blank or otherwise;
(c) that no other person is entitled to have his name entered in the register of members of the company in respect of the relevant shares; and
(d) such other particulars as the case may require in order to verify the grounds upon which the application is made.
(3) Subject to subsection (4), where an application is made to a company under this section for a new certificate, the company shall, if it intends to issue such certificate under this section, publish a notice in the prescribed form advertising its intention to do so, as follows-
(a) if the application is made by the registered holder of the relevant shares or by a person other than the registered holder with his consent and in either case the latest value of the relevant shares does not exceed $20,000, the notice shall be published once in, respectively, an English language newspaper and a Chinese language newspaper specified in a list of newspapers issued for the purposes of this section by the Secretary for Home Affairs and published in the Gazette;
(b) if the application is made by a person other than the registered holder of the relevant shares without his consent or the latest value of the relevant shares exceeds $20,000, the notice shall be published in the Gazette once in each of 3 consecutive months,
and for the purposes of this subsection "latest value", in relation to the relevant shares, means the value thereof calculated at the last recorded price paid for shares in the company of the same class, prior to the application, at a recognized stock exchange.
(4) A notice which it is proposed to publish under subsection (3) shall not be published until, and any publication thereof shall not be valid for the purposes of this section unless, the following requirements are first complied with-
2242 of 1989
1984 Ed.]
Companies
[CAP. 32
75
company may, if it appears that the certificate (in this section referred to as the "original certificate") relating to the shares is lost, apply to the company in the prescribed form for a new certificate in respect of such shares (in this section referred to as the "relevant shares").
(2) An application to a company under this section for a new certificate shall be accompanied by a statutory declaration made by the applicant stating the grounds upon which the application is made and, in particular-
(a) when the original certificate was last in the applicant's
possession and how he ceased to have possession thereof;
(b) whether the applicant has executed any transfer in respect
of the relevant shares, in blank or otherwise;
(c) that no other person is entitled to have his name entered in the register of members of the company in respect of the relevant shares; and
(d) such other particulars as the case may require in order to
verify the grounds upon which the application is made.
(3) Subject to subsection (4), where an application is made to a company under this section for a new certificate, the company shall, if it intends to issue such certificate under this section, publish a notice in the prescribed form advertising its intention to do so, as follows-
(a) if the application is made by the registered holder of the relevant shares or by a person other than the registered holder with his consent and in either case the latest value of the relevant shares does not exceed $20,000, the notice shall be published once in, respectively, an English language newspaper and a Chinese language newspaper specified in a list of newspapers issued for the purposes of this section by the Secretary for Home Affairs and published in the Gazette;
(b) if the application is made by a person other than the registered holder of the relevant shares without his consent or the latest value of the relevant shares exceeds $20,000, the notice shall be published in the Gazette once in each of 3 consecutive months,
and for the purposes of this subsection "latest value”, in relation to the relevant shares, means the value thereof calculated at the last recorded price paid for shares in the company of the same class, prior to the application, at a recognized stock exchange.
(4) A notice which it is proposed to publish under subsec- tion (3) shall not be published until, and any publication thereof shall not be valid for the purposes of this section unless, the following requirements are first complied with-
2242 of 1989
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