and holdings of the company on trustee accounts. It was considered that these provisions imposed unnecessary obligations on trust companies and that the submission of the information required by the section did not serve any useful purpose. On 22nd December 1970 the Governor in Council made a consequential alteration to the First Schedule to the Trustee Ordinance by deleting Item 3, being the fee payable on the filing of an annual statement under section 94 of the Ordinance.
203. On the 12th June 1970 the Governor in Council ordered that the Malayan Finance Corporation Berhad be exempted from registration as a money-lender under the provisions of the Money-lenders Ordinance for a period of two years from the date of publication of the order or until earlier revocation.
204. On 19th January 1971 the Governor in Council, under powers conferred by section 2A of the Companies Ordinance, made the Recognized Stock Exchanges Order 1971, by which the Hong Kong Stock Exchange Limited and the Far East Exchange Limited were recognized for the purpose of the Companies Ordinance.
Official Receiver
205. The Bankruptcy (Amendment) Ordinance 1970 contained pro- visions similar to those enacted by the Companies (Amendment) (No. 2) Ordinance 1970 mentioned in paragraph 198 above.
206. The Bankruptcy (Amendment) (No. 2) Ordinance 1970 contained provisions similar to those contained in the Companies (Amendment) (No. 3) Ordinance 1970 mentioned in paragraph 199 above.
Births, Deaths and Marriages
207. The Marriage Reform Ordinance 1970 introduced important and long-awaited reforms of the law of marriage and dissolution of marriage. Many of the provisions give effect to the McDouall-Heenan Report on Chinese Marriages in Hong Kong. One of the most important provisions is that on and after a day to be appointed by the Governor all marriages entered into in Hong Kong shall be monogamous in character and may be entered into only in accordance with the Marriage Ordinance. Furthermore, on and after the appointed day no man may take a concubine and no woman may acquire the status of a concubine, though the status and rights of concubines lawfully taken before the appointed day and all children of such concubines, whether born before, on or after that day, are preserved. The rare form of kim
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