COLONIAL TREASURER INCORPORATION ORDINANCE, 1930

COLONIAL TREASURER INCORPORATION ORDINANCE, 1930

No. 15 of 1930.
An Ordinance to provide for the incorporation of the Financial
Secretary under the title of The Colonial Treasurer
Incorporated.
[17th October, 1930.]

1. This Ordinance may be cited as the Colonial Treasurer
Incorporation Ordinance, 1930.

2. The person for the time being performing the duties of
he office of Financial Secretary shall be a corporation sole
(hereinafter called the corporation), and shall have the name
of The Colonial Treasurer Incorporated ', and by that name
hall have perpetual succession, with a capacity to acquire,

For deposit of Trust Company securities with the Colonial Treasurer
Incorporated, see No. 18 of 1934 [Trustee], s. 77 (f).
As amended by Law Rev. Ord., 1939, Supp. Sched.





whether as purchaser, mortgagee or otherwise, and hold in that
name lands, Government securities, shares in any public
company, debentures, stocks, funds, securities for money and
real and personal property of every description, to sue and be
sued, to grant, sell, convey, assign, surrender, exchange,
partition, yield up, mortgage, demise, reconvey, reassign,
transfer or otherwise deal with and dispose of any property of
any nature whatsoever, to execute deeds, using an official seal,
to enter into engagements binding on himself and his successors
in office and to do all other acts necessary or expedient to be
done in the execution of the duties of his office.

3. Notwithstanding any change in the occupant of the
corporation, whether on account of death, departure on leave,
return from leave, temporary employment elsewhere, resumption
of duties, new appointment or other cause whatsoever, and not-
withstanding the nature of the property or rights, all property
and rights whatsoever, transferred to the corporation, or to any
occupant of the corporation as such, in any manner whatsoever,
shall vest or remain vested in the corporation so as to be capable
of being dealt with by the occupant of the corporation for the
time being and shall not vest in any occupant in his natural or
personal capacity or pass to the personal representative of any
occupant.

4. Any deed purporting to be sealed with the said official
seal and to be signed by the occupant of the corporation for the
time being, and any other documents, instruments and writings
purporting to be so signed, shall be receivable in evidence of
the particulars stated in such document.

5. If any question arises as to who is or was at any time
the occupant of the corporation for the time being, a certificate
under the hand of the Colonial Secretary shall be conclusive
evidence for all purposes whatsoever as to the person who is or
was the occupant.

6.-(1) Where at any time by reason of the death of any
person, being a person to whom, as Governor or as an officer
of the Government of this Colony, any property of any nature
whatsoever has been transferred for and on behalf of the said

Government, the legal estate or any interest in such property
has passed or passes on such death to the personal represent-
ative of such person, it shall be lawful for the Governor at any
time to declare such legal estate or interest vested in the
corporation and thereupon such legal estate or interest shall vest
accordingly without any conveyance, assignment or transfer.

(2) In like manner where at any time.the legal estate or
any interest in any property of any nature whatsoever is held or
possessed for and on behalf of the said Government by any
person who, having held office iri the Colony as a Governor or
as a Government officer, has vacated his office otherwise than by
death, it shall be lawful for the Governor at any time to declare
such legal estate or interest vested in the corporation and there-
upon such legal estate or interest shall vest accordingly without
any conveyance, assignment or transfer.
(3) A certificate under the hand of the Colonial Secretary
shall be conclusive evidence for all purposes whatsoever as to
the interest of the Government of this Colony, as to any such
death or vacating of office, as to the making by the Governor
of any such declaration and as to the vesting of the legal estate
or interest in the property therein mentioned in the corporation.
[Originally No. 15 of 1930.] No. 25 of 1930, Law Rev. Ord., 1939.] Short title. Incorporation of the Colonial Treasurer, and powers. 39 & 40 Vict. C. 18, s. 1. Property and rights transferred to corporation to vest or remain vested in corporation and not to pass to personal representative of occupant. Deeds, etc., to be receivable in evidence. 39 & 40 Vict. c. 18, s. 1. Evidence as to the identity of the occupant of the corporation. Vesting of legal estate or interest in corporation in certain cases.

[Originally No. 15 of 1930.] No. 25 of 1930, Law Rev. Ord., 1939.] Short title. Incorporation of the Colonial Treasurer, and powers. 39 & 40 Vict. C. 18, s. 1. Property and rights transferred to corporation to vest or remain vested in corporation and not to pass to personal representative of occupant. Deeds, etc., to be receivable in evidence. 39 & 40 Vict. c. 18, s. 1. Evidence as to the identity of the occupant of the corporation. Vesting of legal estate or interest in corporation in certain cases.

https://oelawhk.lib.hku.hk/items/show/1619

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