1924

THE CHINA (COMPANIES) AMENDMENT OSDER IN COUNCIL, 1919 369
(2.) If default is made in compliance with this Article the Company shall he
liable to a fine not exceeding 50 dollars for every day during which the default
continues, and every director and every manager of the Company who knowingly
authorizes or permits the default shall be liable to the like penalty.
(3.) Failure to comply with the provisions of this Article shall be a ground
upon which an order for winding up the Company may be made by the Court.
(4.) This Article shall come into force 60 days after the publication of this
•Order.
5. All documents and other written information which a company is required
by the Ordinance to file with the Registrar of Companies shall, in the case of a China
Company, be filed with the Registrar of Companies at Shanghai, and a copy of all
such documents and other written information shall, in the case of a Hongkong
China Company, be filed with the Registrar of Companies at Shanghai.
6. —(1.) The provisions of the Fire and Marine Insurance Companies Ordinance
«hall be applied to China Companies and Hongkong China Companies.
(2.) All acts done within the limits of this Order in pursuance of the Fire
:and Marine Insurance Companies Ordinance by, to, with, or before the Registrar of
Companies at Shanghai shall, subject to the provisions of this Order, be of the
same force and validity as if they had been done by, to, with, or before the
Registrar of Companies in Hongkong.
(3.) The Registrar of Companies at Shanghai shall be entitled to initiate
such proceedings as he may think necessary to enforce compliance with the pro¬
visions of this Order.
7. —(1.) Subject to the provisions of this Order the jurisdiction of the Court in
respect of China Companies and Hongkong China Companies shall be exercised, so
far as circumstances admit, in conformity with the provisions of the Fire and Marine
Insurance Companies Ordinance.
(2.) The duties of the Governor or of the Governor in Council under
Sections 5 (2), 5 (5), 6 (2), and 7 (1), and of paragraphs 2, 3 and 7 of the First
Schedule of the Fire and Marine Insurance Companies Ordinance shall, within the
limits of this Order, be exercised by the Minister.
(3.) All offences under the Fire and Marine Insurance Companies Ordinance
made punishable by fine may, if committed within the limits of this Order, be pro¬
secuted summarily under Article 48 of “ The China Order in Council, 1904,”
-provided that the maximum fine which can be imposed in the case of offences tried
summarily shall be ,£200 instead of £20.
8. All fees prescribed by or under the Fire and Marine Insurance Companies
Ordinance which are paid to the Registrar of Companies at Shanghai shall be paid
hy him to the Colonial Treasurer at Hongkong.
9. This Order shall come into effect on the first day of January, 1920.
And the Right Honourable Arthur James Balfour, O.M., one of His Majesty’s
Principal Secretaries of State, is to give the necessary directions herein.
Almbric Fitzroy