1964_THE_HONGKONG_AND_SHANGHAI_BANKING_REGULATIONS — Page 24

HK Historical Laws 香港歷史法例 All AI Reviewed
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A 24

CAP. 70]

The Hongkong and Shanghai Bank Regulations

[1989 Ed.

[Subsidiary]

(2) Any such purchaser shall not (unless by express agreement) become entitled to any of the dividends accrued or which might have accrued upon the shares before the time of completing his purchase and shall not (unless by express agreement) be liable to pay any call payable in respect of the shares before the time of his agreement to purchase them.

Transfer and transmission of shares

46. Register of transfers

The bank shall keep at its head office or at such other place as the board may approve and at any establishment where a local register of shares is kept, records to be called "registers of transfers", and therein shall respectively be fairly and distinctly entered particulars of every transfer or transmission of any share on those respective registers. Such records may in the sole discretion of the board be copies of information maintained elsewhere with the sanction of the board whether by devices for storing and processing of information or otherwise.

(L.N. 86 of 1974; L.N. 97 of 1977)

47. Periods during which registers may be closed

The shareholders registers and the registers of transfers, kept at the head office or at such other place as the board may approve and at any establishment where local registers are kept, may be closed, and the registration of transfers relevant thereto suspended, at such times and for such periods as the board may from time to time determine, provided that the shareholders registers shall not be closed and such registration shall not be suspended for more than 30 days in any year or, with the approval of shareholders in general meeting, 60 days in any year. Any such closing shall be notified once at least by advertisement in one leading English language daily newspaper printed and circulating in the place where such closing takes place (and in Hong Kong also in one leading Chinese language daily newspaper).

48. Power to decline to register transfer

(L.N. 97 of 1977; L.N. 334 of 1989)

The board may, in its discretion and without assigning any reason therefor, refuse to register the transfer of any share to any person of whom it does not approve as transferee, or whilst the shareholder making the same is, either alone or jointly with any other person, indebted to the bank on any account whatsoever. The board may also refuse to register any transfer of shares on which the bank has a lien; and the board shall also be entitled without...

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2026-05-05 14:36:59 · NVIDIA / meta/llama-4-maverick-17b-128e-instruct
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(2) Any such purchaser shall not (unless by express agreement) become entitled to any of the dividends accrued or which might have accrued upon the shares before the time of completing his purchase and shall not (unless by express agreement) be liable to pay any call payable in respect of the shares before the time of his agreement to purchase them.Transfer and transmission of shares46. Register of transfersThe bank shall keep at its head office or at such other place as the board may approve and at any establishment where a local register of shares is kept, records to be called "registers of transfers", and therein shall respectively be fairly and distinctly entered particulars of every transfer or transmission of any share on those respective registers. Such records may in the sole discretion of the board be copies of information maintained elsewhere with the sanction of the board whether by devices for storing and processing of information or otherwise.(L.N. 86 of 1974; L.N. 97 of 1977)47. Periods during which registers may be closedThe shareholders registers and the registers of transfers, kept at the head office or at such other place as the board may approve and at any establishment where local registers are kept, may be closed, and the registration of transfers relevant thereto suspended, at such times and for such periods as the board may from time to time determine, provided that the shareholders registers shall not be closed and such registration shall not be suspended for more than 30 days in any year or, with the approval of shareholders in general meeting, 60 days in any year. Any such closing shall be notified once at least by advertisement in one leading English language daily newspaper printed and circulating in the place where such closing takes place (and in Hong Kong also in one leading Chinese language daily newspaper).48. Power to decline to register transfer(L.N. 97 of 1977; L.N. 334 of 1989)The board may, in its discretion and without assigning any reason therefor, refuse to register the transfer of any share to any person of whom it does not approve as transferee, or whilst the shareholder making the same is, either alone or jointly with any other person, indebted to the bank on any account whatsoever. The board may also refuse to register any transfer of shares on which the bank has a lien; and the board shall also be entitled without...
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(2) Any such purchaser shall not (unless by express agreement) become entitled to any of the dividends accrued or which might have accrued upon the shares before the time of completing his purchase and shall not (unless by express agreement) be liable to pay any call payable in respect of the shares before the time of his agreement to purchase them.Transfer and transmission of shares46. Register of transfersThe bank shall keep at its head office or at such other place as the board may approve and at any establishment where a local register of shares is kept, records to be called "registers of transfers", and therein shall respectively be fairly and distinctly entered particulars of every transfer or transmission of any share on those respective registers. Such records may in the sole discretion of the board be copies of information maintained elsewhere with the sanction of the board whether by devices for storing and processing of information or otherwise.(L.N. 86 of 1974; L.N. 97 of 1977)47. Periods during which registers may be closedThe shareholders registers and the registers of transfers, kept at the head office or at such other place as the board may approve and at any establishment where local registers are kept, may be closed, and the registration of transfers relevant thereto suspended, at such times and for such periods as the board may from time to time determine, provided that the shareholders registers shall not be closed and such registration shall not be suspended for more than 30 days in any year or, with the approval of shareholders in general meeting, 60 days in any year. Any such closing shall be notified once at least by advertisement in one leading English language daily newspaper printed and circulating in the place where such closing takes place (and in Hong Kong also in one leading Chinese language daily newspaper).48. Power to decline to register transfer(L.N. 97 of 1977; L.N. 334 of 1989)The board may, in its discretion and without assigning any reason therefor, refuse to register the transfer of any share to any person of whom it does not approve as transferee, or whilst the shareholder making the same is, either alone or jointly with any other person, indebted to the bank on any account whatsoever. The board may also refuse to register any transfer of shares on which the bank has a lien; and the board shall also be entitled without
2026-05-05 14:36:59 · Baseline
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A 24

CAP. 70]

The Hongkong and Shanghai Bank Regulations

[1989 Ed.

[Subsidiary]

(2) Any such purchaser shall not (unless by express agreement) become entitled to any of the dividends accrued or which might have accrued upon the shares before the time of completing his purchase and shall not (unless by express agreement) be liable to pay any call payable in respect of the shares before the time of his agreement to purchase them.

Transfer and transmission of shares

46. Register of transfers

The bank shall keep at its head office or at such other place as the board may approve and at any establishment where a local register of shares is kept, records to be called "registers of transfers", and therein shall respectively be fairly and distinctly entered particulars of every transfer or transmission of any share on those respective registers. Such records may in the sole discretion of the board be copies of information maintained elsewhere with the sanction of the board whether by devices for storing and processing of information or otherwise.

(L.N. 86 of 1974; L.N. 97 of 1977)

47. Periods during which registers may be closed

The shareholders registers and the registers of transfers, kept at the head office or at such other place as the board may approve and at any establishment where local registers are kept, may be closed, and the registration of transfers relevant thereto suspended, at such times and for such periods as the board may from time to time determine, provided that the shareholders registers shall not be closed and such registration shall not be suspended for more than 30 days in any year or, with the approval of shareholders in general meeting, 60 days in any year. Any such closing shall be notified once at least by advertisement in one leading English language daily newspaper printed and circulating in the place where such closing takes place (and in Hong Kong also in one leading Chinese language daily newspaper).

48. Power to decline to register transfer

(L.N. 97 of 1977; L.N. 334 of 1989)

The board may, in its discretion and without assigning any reason therefor, refuse to register the transfer of any share to any person of whom it does not approve as transferee, or whilst the shareholder making the same is, either alone or jointly with any other person, indebted to the bank on any account whatsoever. The board may also refuse to register any transfer of shares on which the bank has a lien; and the board shall also be entitled without

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