Part 21    Amendments to The Hongkong and Shanghai Banking Corporation Limited Ordinance (Cap. 70)
73.
Section 2 amended (Interpretation)
(1) Section 2, English text, definition of Ordinance or the
Ordinance—
Repeal the full stop
Substitute a semicolon.
(2) Section 2—
Add in alphabetical order

“relevant Ordinance (《有關條例》) means the Companies
Ordinance (Cap. 32) as in force from time to time
before the commencement date of section 2 of
Schedule 9 to the Companies Ordinance (28 of
2012).”.
74.
Section 3 amended (Incorporation)
Section 3—
Repeal
“(Cap. 32)”
Substitute
“(28 of 2012)”.
75.
Section 4 amended (Constitution)
(1) Section 4(1)—
Repeal
“registered under the Companies Ordinance (Cap. 32)”
Substitute
“registered under the relevant Ordinance”.
(2) Section 4(1)(a)—
Repeal
“all the provisions of the Companies Ordinance (Cap. 32)”
Substitute
“a provision of the Companies Ordinance (28 of 2012) or
the Companies (Winding Up and Miscellaneous Provisions)
Ordinance (Cap. 32)”.
(3) Section 4(1)(b)—
Repeal
“Companies Ordinance”Substitute
“Companies (Winding Up and Miscellaneous Provisions)
Ordinance”.
(4) Section 4(1), proviso—
Repeal
“Companies Ordinance (Cap. 32)”
Substitute
“relevant Ordinance”.
(5) Section 4(2)—
Repeal
“Part IX of the Companies Ordinance (Cap. 32) shall”
Substitute
“Part 17 of the Companies Ordinance (28 of 2012) and
sections 324 and 325 of the Companies (Winding Up and
Miscellaneous Provisions) Ordinance (Cap. 32) do”.
76.
Section 5 amended (Overriding provisions)
(1) Section 5(1)—
Repeal
“contained in the Companies Ordinance (Cap. 32)”
Substitute
“contained in the Companies Ordinance (28 of 2012), the
Companies (Winding Up and Miscellaneous Provisions)
Ordinance (Cap. 32)”.
(2) Section 5(1)—
Repeal
“of the Companies Ordinance (Cap. 32)”Substitute
“of the Companies Ordinance (28 of 2012)”.
77.
Schedule amended
The Schedule—
Repeal
“share capital of the Company then in issue”
Substitute
“issued shares of the Company”.

Part 22    Amendments to The Hongkong and Shanghai Banking Corporation Limited (Amendment) Ordinance 1997 (54 of 1997)
78.
Section 2 amended (Interpretation)
(1) Section 2(1), definition of the bank—
Repeal
“Companies Ordinance (Cap. 32)”
Substitute
“relevant Ordinance”.
(2) Section 2(1)—
Add in alphabetical order“relevant Ordinance (《有關條例》) means the Companies
Ordinance (Cap. 32) as in force from time to time
before the commencement date of section 2 of
Schedule 9 to the Companies Ordinance (28 of
2012);”.
(3) Section 2(2)—
Repeal
“(Cap. 32)”
Substitute
“(28 of 2012) or the Companies (Winding up and
Miscellaneous Provisions) Ordinance (Cap. 32)”.
(4) Section 2(2), after “requires.”—
Add
“If an expression used in this Ordinance is defined in both
the Companies Ordinance (28 of 2012) and the Companies
(Winding up and Miscellaneous Provisions) Ordinance
(Cap. 32), the expression has the meaning given by the
Companies Ordinance (28 of 2012).”.
79.
Section 9 amended (Alteration of the bank’s constitution)
(1) Section 9(2)—
Repeal
“Companies Ordinance (Cap. 32)”
Substitute
“relevant Ordinance”.
(2) Section 9(3)—
Repeal
“Companies Ordinance (Cap. 32)”Substitute
“relevant Ordinance”.
80.
Section 10 amended (Changes in the bank’s authorized and issued
share capital)
(1) Section 10, heading—
Repeal
“authorized and”.
(2) Section 10—
Repeal
“authorized or”.
(3) Section 10—
Repeal
“(Cap. 32) and”
Substitute
“(28 of 2012) and”.
(4) Section 10—
Repeal
“purchase”
Substitute
“buy-back”.
(5) Section 10—
Repeal
“Companies Ordinance (Cap. 32),”
Substitute
“relevant Ordinance,”.81.
Section 12 amended (Miscellaneous savings)
(1) Section 12(d)—
Repeal
everything after “to affect”
Substitute
“—
(i) the application of the relevant Ordinance to the
bank with effect on and from 6 October 1989
until immediately before the commencement date
of section 2 of Schedule 9 to the Companies
Ordinance (28 of 2012) by virtue of the
registration of the bank under the relevant
Ordinance on 6 October 1989; and
(ii) the application of the Companies Ordinance (28
of 2012) or the Companies (Winding Up and
Miscellaneous Provisions) Ordinance (Cap. 32) to
the bank with effect on and from the
commencement date of section 2 of Schedule 9 to
the Companies Ordinance (28 of 2012).”.
(2) Section 12(e)—
Repeal
“Companies Ordinance (Cap. 32),”
Substitute
“relevant Ordinance,”.

Part 23    Amendments to Ferry Services Ordinance (Cap. 104)
82.
Section 6 amended (Grant of franchises)
Section 6(1)—
Repeal
everything after “may grant”
Substitute
“to—
(a) any company within the meaning of the
Companies Ordinance (28 of 2012);
(b) a registered non-Hong Kong company as defined
by section 2(1) of that Ordinance;
(c) a company registered under Part 17 of that
Ordinance; or
(d) a company registered under Part IX of the
Companies Ordinance (Cap. 32) as in force from
time to time before the commencement date of
section 2 of Schedule 9 to the Companies
Ordinance (28 of 2012),
a franchise that confers the right to operate a ferry
service between such points as are specified by the
Chief Executive in Council.”.
83.
Section 10 amended (Chief Executive may appoint additional
directors)
Section 10(1)—
Repeal
“Companies Ordinance (Cap. 32)”Substitute
“Companies Ordinance (28 of 2012), the Companies
(Winding Up and Miscellaneous Provisions) Ordinance
(Cap. 32)”.

Part 24    Amendments to Telecommunications Ordinance (Cap. 106)
84.
Section 13A amended (Interpretation)
(1) Section 13A(1), definition of company—
Repeal
“assigned to it in section 2(1) of the Companies Ordinance
(Cap. 32)”
Substitute
“given by section 2(1) of the Companies Ordinance (28 of
2012)”.
(2) Section 13A(1), definition of ordinarily resident in Hong
Kong, paragraph (b)(i)—
Repeal
“(Cap. 32)”
Substitute
“(28 of 2012) or under a former Companies Ordinance as
defined by section 2(1) of the Companies Ordinance (28 of
2012)”.
(3) Section 13A(1), definition of subsidiary—
Repeal
“means a company that is a subsidiary within the meaning
of section 2 of the Companies Ordinance (Cap. 32)”Substitute
“has the meaning given by section 15 of the Companies
Ordinance (28 of 2012) for the purposes of that
Ordinance”.
85.
Section 13F amended (Competence of licensees)
(1) Section 13F(a)—
Repeal
“(Cap. 32)”
Substitute
“(28 of 2012) or under a former Companies Ordinance as
defined by section 2(1) of the Companies Ordinance (28 of
2012)”.
(2) Section 13F(c)—
Repeal
“memorandum”
Substitute
“articles”.

Part 25    Amendment to Telecommunications Regulations (Cap. 106 sub. leg. A)
86.
Regulation 9 amended (Notices)
Regulation 9—
Repeal
“section 356 of the Companies Ordinance (Cap. 32)”Substitute
“section 827 of the Companies Ordinance (28 of 2012)”.

Part 26    Amendments to Betting Duty Ordinance (Cap. 108)
87.
Section 1A amended (Interpretation)
Section 1A(1), definition of company—
Repeal
“(Cap. 32), or a company registered under Part XI”
Substitute
“(28 of 2012), or a company registered under Part 16”.
88.
Section 6B amended (Interpretation of Part 3)
Section 6B(1), definition of subsidiary—
Repeal
“(Cap. 32)”
Substitute
“(28 of 2012)”.

Part 27    Amendment to Betting Duty Regulations (Cap. 108 sub. leg. A)
89.
Regulation 2 amended (Interpretation)
Regulation 2, definition of qualified person—
Repeal“section 140 of the Companies Ordinance (Cap. 32)”
Substitute
“section 393 of the Companies Ordinance (28 of 2012)”.

Part 28    Amendments to Estate Duty Ordinance (Cap. 111)
90.
Section 10 amended (Exceptions for transactions for money
consideration, property situate outside Hong Kong, shares on
local registers and certain land in the New Territories)
Section 10(c)—
Repeal
“(Cap. 32)”
Substitute
“(28 of 2012)”.
91.
Section 43 amended (Collection and incidence of duty)
Section 43(5)—
Repeal
“Companies Ordinance” (wherever appearing)
Substitute
“Companies (Winding Up and Miscellaneous Provisions)
Ordinance”.

Part 29    Amendments to Inland Revenue Ordinance (Cap. 112)
92.
Section 2 amended (Interpretation)
Section 2, definition of debenture—
Repeal
“(Cap. 32)”
Substitute
“(28 of 2012)”.
93.
Section 14A amended (Qualifying debt instruments)
Section 14A(4), definition of wholly owned subsidiary—
Repeal
“section 124 of the Companies Ordinance (Cap. 32) by
subsection (4) of that section”
Substitute
“Part 9 of the Companies Ordinance (28 of 2012) by
section 357(3) of that Ordinance”.
94.
Section 16 amended (Ascertainment of chargeable profits)
(1) Section 16(2E)(c)(ii)(C)—
Repeal
“in nominal value”.(2) Section 16(2F)(c)(ii)(C)—
Repeal
“in nominal value”.
95.
Section 88B amended (Notice of no objection in respect of an
application to deregister a private company under section 291AA
of Companies Ordinance)
(1) Section 88B, heading—
Repeal
“section 291AA of Companies Ordinance”
Substitute
“section 750 of the Companies Ordinance (28 of 2012)”.
(2) Section 88B(1)—
Repeal
“section 291AA of the Companies Ordinance (Cap. 32)”
Substitute
“section 750 of the Companies Ordinance (28 of 2012)”.
96.
Schedule 16 amended (Specified transactions)
Schedule 16, definition of securities—
Repeal
“section 29 of the Companies Ordinance (Cap. 32)”
Substitute
“section 11 of the Companies Ordinance (28 of 2012)”.

Part 30    Amendment to Inland Revenue (Qualifying Debt Instruments) Order (Cap. 112 sub. leg. M)
97.
Schedule amended
The Schedule, item 1—
Repeal
“in nominal value”.