CAP. 1138]
(Cap. 32.)
Appointed day*.
(Cap. 155.)
Royal Bank of Scotland
[1985 Ed.
and disposition or assignation in security, any bond of cash credit, any bond of cash credit and disposition or assignation in security, any assignation in security, any real right or burden of whatever kind in the nature of a security and any other deed, document, conveyance, instrument, arrangement or means (in each case made, granted, arising or subsisting under any applicable law) for securing the payment or discharge of any liability and also includes any agreement or undertaking (whether in writing or not) to give or execute any of the foregoing whether upon demand or otherwise;
"subsidiary" has the meaning given by section 2(4) of the Companies Ordinance;
"undertaking" when used in relation to Royal Bank of Scotland means the business and all existing property and all existing liabilities of Royal Bank of Scotland; and
"will" includes a codicil, a trust disposition and settlement, any other testamentary writing and any deed, disposition, contract, instrument or writing taking effect on the death of any person whereby any part of his estate is disposed of, or under which a succession thereto arises.
(2) References in this Ordinance to property and liabilities of Royal Bank of Scotland are references to all property vested in or belonging to or held by Royal Bank of Scotland and all liabilities to which Royal Bank of Scotland is subject, whether beneficially or in any fiduciary capacity and whether or not capable of being transferred or assigned by Royal Bank of Scotland.
(3) Any reference in this Ordinance to property or liabilities of Royal Bank of Scotland is a reference to property or, as the case may be, to liabilities of Royal Bank of Scotland whether situated in Hong Kong or elsewhere.
(4) Any reference in this Ordinance to rights or liabilities of Royal Bank of Scotland is a reference to rights to which Royal Bank of Scotland is entitled or, as the case may be, to liabilities to which Royal Bank of Scotland is subject, whether under the law of Hong Kong or under the law of any country or territory outside Hong Kong.
3. (1) The directors of the Bank may appoint a day for the purposes of this Ordinance:
Provided that any day appointed under this section shall not be before a licence has been granted to the Bank under section 7 of the Banking Ordinance.
(2) Not less than 14 days before the day appointed under this section the Bank shall publish in the Gazette a notice stating the day so appointed.
* 30 September 1985 has been appointed as the day referred to in section 3(1)—see notice in page PN3615 of Gazette Supplement No. 6 of 13 September 1985.
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CAP. 1138]
(Cap. 32.)
Appointed day*.
(Cap. 155.)
Royal Bank of Scotland
[1985 Ed.
and disposition or assignation in security, any bond of cash credit, any bond of cash credit and disposition or assignation in security, any assignation in security, any real right or burden of whatever kind in the nature of a security and any other deed, document, conveyance, instrument, arrangement or means (in each case made, granted, arising or subsisting under any applicable law) for securing the payment or discharge of any liability and also includes any agreement or undertaking (whether in writing or not) to give or execute any of the foregoing whether upon demand or otherwise;
"subsidiary" has the meaning given by section 2(4) of the Companies
Ordinance;
"undertaking" when used in relation to Royal Bank of Scotland means the business and all existing property and all existing liabilities of Royal Bank of Scotland; and
"will" includes a codicil, a trust disposition and settlement, any other testamentary writing and any deed, disposition, contract, instrument or writing taking effect on the death of any person whereby any part of his estate is disposed of, or under which a succession thereto arises.
(2) References in this Ordinance to property and liabilities of Royal Bank of Scotland are references to all property vested in or belonging to or held by Royal Bank of Scotland and all liabilities to which Royal Bank of Scotland is subject, whether beneficially or in any fiduciary capacity and whether or not capable of being trans- ferred or assigned by Royal Bank of Scotland.
(3) Any reference in this Ordinance to property or liabilities of Royal Bank of Scotland is a reference to property or, as the case may be, to liabilities of Royal Bank of Scotland whether situated in Hong Kong or elsewhere.
(4) Any reference in this Ordinance to rights or liabilities of Royal Bank of Scotland is a reference to rights to which Royal Bank of Scotland is entitled or, as the case may be, to liabilities to which Royal Bank of Scotland is subject, whether under the law of Hong Kong or under the law of any country or territory outside Hong Kong.
3. (1) The directors of the Bank may appoint a day for the purposes of this Ordinance:
Provided that any day appointed under this section shall not be before a licence has been granted to the Bank under section 7 of the Banking Ordinance.
(2) Not less than 14 days before the day appointed under this section the Bank shall publish in the Gazette a notice stating the day so appointed.
* 30 September 1985 has been appointed as the day referred to in section 3(1)—see
notice in page PN3615 of Gazette Supplement No. 6 of 13 September 1985.
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