1964_COMPANIES_ORDINANCE — Page 360

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102

CAP. 32]

Companies

[1984 Ed.

Regulations

as to branch register.

1929 c. 23. s. 104.

been registered, to the care of some officer of the company or, there is no officer of the company whose name and address are known to the Registrar, may be sent to each of the persons who subscribed the memorandum, addressed to him at the address mentioned in the memorandum.

(7) No company shall keep a register of members at any place outside Hong Kong unless it is empowered to do so by virtue of a licence issued to the company under this section and, if default is made in complying with this subsection, the company and every officer of the company who is in default shall be liable to a default fine.

(Replaced, 6 of 1984, s. 66)

104. (1) A branch register shall be deemed to be part of the company's register of members (in this section called the principal register).

(2) It shall be kept in the same manner in which the principal register is by this Ordinance required to be kept, except that the advertisement before closing the register shall be inserted in some newspaper circulating in the district where the branch register is kept.

(3) The company shall-

(a) transmit to its registered office a copy of every entry in its branch register as soon as may be after the entry is made; and

(b) cause to be kept at the place where the company's principal register is kept a duplicate of its branch register duly entered up from time to time.

Every duplicate shall for all the purposes of this Ordinance be deemed to be part of the principal register. (Replaced, 6 of 1984, s. 67)

(4) Subject to the provisions of this section with respect to the duplicate register, the shares registered in a branch register shall be distinguished from the shares registered in the principal register, and no transaction with respect to any shares registered in a branch register shall, during the continuance of that registration, be registered in any other register.

(5) A company may discontinue to keep a branch register, and thereupon all entries in that register shall be transferred to some other branch register kept by the company or to the principal register.

(6) Subject to the provisions of this Ordinance, any company may, by its articles, make such provisions as it may think fit respecting the keeping of branch registers.

(7) If default is made in complying with subsection (3), the company and every officer of the company who is in default shall be liable to a default fine: and where, by virtue of proviso (h) to

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102 CAP. 32] Companies [1984 Ed. Regulations as to branch register. 1929 c. 23. s. 104. if been registered, to the care of some officer of the company or, there is no officer of the company whose name and address are known to the Registrar, may be sent to each of the persons who subscribed the memorandum, addressed to him at the address mentioned in the memorandum. (7) No company shall keep a register of members at any place outside Hong Kong unless it is empowered to do so by virtue of a licence issued to the company under this section and, if default is made in complying with this subsection, the company and every officer of the company who is in default shall be liable to a default fine. (Replaced, 6 of 1984, s. 66) 104. (1) A branch register shall be deemed to be part of the company's register of members (in this section called the principal register). (2) It shall be kept in the same manner in which the principal register is by this Ordinance required to be kept, except that the advertisement before closing the register shall be inserted in some newspaper circulating in the district where the branch register is kept. (3) The company shall- (a) transmit to its registered office a copy of every entry in its branch register as soon as may be after the entry is made; and (b) cause to be kept at the place where the company's principal register is kept a duplicate of its branch register duly entered up from time to time. Every duplicate shall for all the purposes of this Ordinance be deemed to be part of the principal register. (Replaced, 6 of 1984, s. 67) (4) Subject to the provisions of this section with respect to the duplicate register, the shares registered in a branch register shall be distinguished from the shares registered in the principal register, and no transaction with respect to any shares registered in a branch register shall, during the continuance of that registration, be registered in any other register. (5) A company may discontinue to keep a branch register, and thereupon all entries in that register shall be transferred to some other branch register kept by the company or to the principal register. (6) Subject to the provisions of this Ordinance, any company may, by its articles, make such provisions as it may think fit respecting the keeping of branch registers. (7) If default is made in complying with subsection (3), the company and every officer of the company who is in default shall be liable to a default fine: and where, by virtue of proviso (h) to Page 360 Page 361

Baseline (Original)

102 CAP. 32] Companies [1984 Ed. Regulations as to branch register. 1929 c. 23. s. 104. if been registered, to the care of some officer of the company or, there is no officer of the company whose name and address are known to the Registrar, may be sent to each of the persons who subscribed the memorandum, addressed to him at the address mentioned in the memorandum. (7) No company shall keep a register of members at any place outside Hong Kong unless it is empowered to do so by virtue of a licence issued to the company under this section and, if default is made in complying with this subsection, the company and every officer of the company who is in default shall be liable to a default --fine- ( Replaced, 6 of 1984, s. 66) 104. (1) A branch register shall be deemed to be part of the company's register of members (in this section called the principal register). (2) It shall be kept in the same manner in which the principal register is by this Ordinance required to be kept, except that the advertisement before closing the register shall be inserted in some newspaper circulating in the district where the branch register is kept. (3) The company shall- (a) transmit to its registered office a copy of every entry in its branch register as soon as may be after the entry is made; and (b) cause to be kept at the place where the company's principal register is kept a duplicate of its branch register duly entered up from time to time. Every duplicate shall for all the purposes of this Ordinance be deemed to be part of the principal register. (Replaced, 6 of 1984, s. 67) (4) Subject to the provisions of this section with respect to the duplicate register, the shares registered in a branch register shall be distinguished from the shares registered in the principal register, and no transaction with respect to any shares registered in a branch register shall, during the continuance of that registration, be regis- tered in any other register. (5) A company may discontinue to keep a branch register, and thereupon all entries in that register shall be transferred to some other branch register kept by the company or to the principal register. (6) Subject to the provisions of this Ordinance. any company may, by its articles. make such provisions as it may think fit respecting the keeping of branch registers. (7) If default is made in complying with subsection (3), the company and every officer of the company who is in default shall be liable to a default fine: and where. by virtue of proviso (h) to ( Page 360Page 361 :

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