CAP. 1138]
Transfers governed otherwise than by law of Hong Kong.
Records and
other documents to remain evidence.
(Cap. 8.)
Evidence of transfer.
Royal Bank of Scotland
[1985 Ed.
12. Where the transfer and vesting of any property forming part of the undertaking of Royal Bank of Scotland is governed otherwise than by the law of Hong Kong, Royal Bank of Scotland shall, if the Bank so requires, so soon as is practicable after the appointed day, take all necessary steps for the purpose of securing the effective transfer or vesting thereof to or in the Bank and, pending such transfer or vesting, shall hold any such property in trust for the Bank.
13. (1) All records and other documents which would, before the appointed day, have been evidence in respect of any matter for or against Royal Bank of Scotland shall on and from the appointed day be admissible in evidence in respect of the same matter for or against the Bank.
(2) In this section "documents" shall be construed in accordance with section 55 of the Evidence Ordinance.
14. (1) The production of a Government Printer's copy of this Ordinance, and such evidence of publication of notice of the appointed day as is specified in section 3(3), shall, for all purposes, be conclusive evidence of the transfer of the undertaking of Royal Bank of Scotland to the Bank and of the vesting thereof in the Bank in accordance with the provisions of this Ordinance.
(2) Without prejudice to the generality of the foregoing-
(a) a Government Printer's copy of this Ordinance, together with such evidence of publication of notice of the appointed day, shall, in relation to any registered securities transferred to, and vested in, the Bank by virtue of this Ordinance, operate for all purposes as a duly executed instrument of transfer in respect of the transfer of such registered securities from Royal Bank of Scotland to the Bank;
(b) any deed or other instrument or document made or executed on or after the appointed day whereby the Bank, whether alone or jointly with any other person, conveys, transfers or assigns, or purports to convey, transfer or assign, to any person (whether for consideration or not), or applies to be registered as the holder, proprietor or owner of, any property held by Royal Bank of Scotland immediately before the appointed day, whether alone or jointly with any other person, shall be sufficient evidence that the interest of Royal Bank of Scotland in such property became vested in the Bank by virtue of this Ordinance.
(3) In subsection (2) "registered securities" means shares, stocks, debentures, loans, bonds, units of a unit trust scheme or other shares of the investments subject to the trusts of such a scheme, and other securities of any description which are transferable and the holders of which are entered in a register (whether maintained in Hong Kong or not).
12
CAP. 1138]
Transfers governed otherwise than by law of Hong Kong.
Records and
other documents to remain evidence.
(Cap. 8.)
Evidence of transfer.
Royal Bank of Scotland
[1985 Ed.
12. Where the transfer and vesting of any property forming part of the undertaking of Royal Bank of Scotland is governed otherwise than by the law of Hong Kong, Royal Bank of Scotland shall, if the Bank so requires, so soon as is practicable after the appointed day, take all necessary steps for the purpose of securing the effective transfer or vesting thereof to or in the Bank and, pending such transfer or vesting, shall hold any such property in trust for the Bank.
13. (1) All records and other documents which would, before the appointed day, have been evidence in respect of any matter for or against Royal Bank of Scotland shall on and from the appointed day be admissible in evidence in respect of the same matter for or against the Bank.
(2) In this section "documents" shall be construed in accord- ance with section 55 of the Evidence Ordinance.
14. (1) The production of a Government Printer's copy of this Ordinance, and such evidence of publication of notice of the appointed day as is specified in section 3(3), shall, for all purposes, be conclusive evidence of the transfer of the undertaking of Royal Bank of Scotland to the Bank and of the vesting thereof in the Bank in accordance with the provisions of this Ordinance.
(2) Without prejudice to the generality of the foregoing-
(a) a Government Printer's copy of this Ordinance, together with such evidence of publication of notice of the appoin- ted day, shall, in relation to any registered securities transferred to, and vested in, the Bank by virtue of this Ordinance, operate for all purposes as a duly executed instrument of transfer in respect of the transfer of such registered securities from Royal Bank of Scotland to the Bank;
(b) any deed or other instrument or document made or exe- cuted on or after the appointed day whereby the Bank, whether alone or jointly with any other person, conveys, transfers or assigns, or purports to convey, transfer or assign, to any person (whether for consideration or not), or applies to be registered as the holder, proprietor or owner of, any property held by Royal Bank of Scotland imme- diately before the appointed day, whether alone or jointly with any other person, shall be sufficient evidence that the interest of Royal Bank of Scotland in such property became vested in the Bank by virtue of this Ordinance.
(3) In subsection (2) "registered securities" means shares, stocks, debentures, loans, bonds, units of a unit trust scheme or other shares of the investments subject to the trusts of such a scheme, and other securities of any description which are transfer- able and the holders of which are entered in a register (whether maintained in Hong Kong or not).
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