CAP. 70]
The Hongkong and Shanghai Bank Regulations
(1989 Ed.)
[Subsidiary]
THE HONGKONG AND SHANGHAI BANK REGULATIONS
(Cap. 70, section 4)
[17 May 1929]
6 of 1929, Schedule-8 of 1946, 37 of 1950, G.N.A 74 of 1957, G.N.A 86 of 1960, G.N.A 40 of 1961, L.N. 43 of 1964, G.N. 760 of 1965, L.N. 61 of 1969, L.N. 127 of 1973, L.N. 86 of 1974, L.N. 97 of 1977, L.N. 113 of 1979, L.N. 106 of 1980, L.N. 135 of 1981, L.N. 157 of 1987, R. Ed. 1987, L.N. 333 of 1989, L.N. 334 of 1989
1. Citation and construction of regulations
The following which may be cited as The Hongkong and Shanghai Bank Regulations shall be the regulations of the bank, and they shall be construed by the law in force for the time being in Hong Kong. References in the regulations to the "Companies Ordinance" shall mean the Companies Ordinance (Chapter 32 of the laws of Hong Kong) and any amendments thereto or re-enactment thereof for the time being in force.
(L.N. 334 of 1989)
2. Agreement by shareholders to abide by Ordinance and regulations
Every shareholder, his heirs, executors, administrators or assigns or successors shall perform the several engagements on the part of the shareholders which are expressed in the Ordinance and in the regulations, and shall in all other respects perform and abide by the provisions of the Ordinance and the regulations.
3. Objects of the bank
The objects of the bank are-
(a) the carrying on the business of banking in all its branches and departments and of financial agents, including the issue of notes; the borrowing, raising or taking up of money; the lending or advancing, with or without security, of money, securities and property, and also with or without security the granting or contracting for open general credits; and also the receiving of money on deposit or current account at interest or otherwise; the making, drawing, accepting, indorsing, issuing, discounting, buying, selling, exchanging, remitting and otherwise dealing with
A 8
CAP. 70]
The Hongkong and Shanghai Bank Regulations
(1989 Ed.
[Subsidiary]
THE HONGKONG AND SHANGHAI BANK
REGULATIONS
(Cap. 70, section 4)
[17 May 1929]
6 of 1929, Schedule-8 of 1946, 37 of 1950, G.N.A 74 of 1957, G.N.A 86 of 1960, G.N.A 40 of 1961, L.N. 43 of 1964, G.N. 760 of 1965, L.N. 61 of 1969, L.N. 127 of 1973, L.N. 86 of 1974, L.N. 97 of 1977, L.N. 113 of 1979, L.N. 106 of 1980, L.N. 135 of 1981, L.N. 157 of 1987, R. Ed. 1987, L.N. 333 of 1989, L.N. 334 of 1989
1.
Citation and construction of regulations
The following which may be cited as The Hongkong and Shanghai Bank Regulations shall be the regulations of the bank, and they shall be construed by the law in force for the time being in Hong Kong. References in the regulations to the "Companies Ordinance" shall mean the Companies Ordinance (Chapter 32 of the laws of Hong Kong) and any amendments thereto or re-enactment thereof for the time being in force.
(L.N. 334 of 1989)
2. Agreement by shareholders to abide
by Ordinance and regulations
Every shareholder, his heirs, executors, administrators or assigns or successors shall perform the several engagements on the part of the shareholders which are expressed in the Ordinance and in the regulations, and shall in all other respects perform and abide by the provisions of the Ordinance and the regulations.
3. Objects of the bank
The objects of the bank are-
(a) the carrying on the business of banking in all its branches and departments and of financial agents, including the issue of notes; the borrowing, raising or taking up of money; the lending or advancing, with or without security, of money, securities and property, and also with or without security the granting or contracting for open general credits; and also the receiving of money on deposit or current account at interest or otherwise; the making, drawing, accepting, indorsing, issuing, discounting, buying, selling, exchanging, remitting and otherwise dealing with
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