Registrar-Generals-Department-Annual-report-1971-1972 — Page 43

Companies Law Revision Committee

106. The Companies Law Revision Committee, of which the Registrar General is a member, concluded its discussions on legisla- tion for the prevention of fraud in relation to investments. The Com- mittee's first Report, entitled The Protection of Investors, was sub- mitted to the Governor on 24th June and published on 18th August 1971. After the submission of this Report, the Committee continued its deliberations on the more general aspects of company law revision, and by the end of the year had held 70 meetings in all.

Fees

107. The total of all fees collected by the Companies Registry under all Ordinances was over $10.38m., a decrease of $556,000 (or 5%) compared with the previous year's total. This year's total was made up as follows (with the previous year's figures for com- parison):

Fees on incorporation of new

companies ($100 plus $2 for every $1,000 of nominal capital)

Other fees under the Companies

Ordinance and Orders made thereunder

...

Fees for Money-lenders Licences,

etc.

...

Miscellaneous other fees

1971-72

1970-71

$ 5,011,871

$ 4,082,247

5,910,755

6,272,685

22,500 823

34,550

$10,945,949

$10,389,597

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PART IV

Explanatory

TRADE MARKS REGISTRY

108. The Trade Marks Ordinance is based on the United Kingdom Trade Marks Act 1938. The Register consists of two parts, Part A for distinctive marks, and Part B for marks which are not registrable in Part A but are capable of distinguishing the goods of the applicant and have been used in Hong Kong for not less than two years. Registration in Part A gives full rights of protection, in Part B modified rights. Registrations are valid for seven years, but may be renewed indefinitely for further periods of fourteen years. Defensive and certification trade marks may be registered, and a person other

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