COLONIAL TREASURER INCORPORATION ORDINANCE
Title
COLONIAL TREASURER INCORPORATION ORDINANCE
Description
CHAPTER 278.
COLONIAL TREASURER INCORPORATION.
To provide for the incorporation of the Financial Secretary
under the title of The Colonial Treasitrer Incorporated.
[17th October, 1930.]
1. This Ordinance rna y be cited as the Colonial
Treasurer Incorporation Ordinance.
2. The person for the time being performing the
duties of the office of Financial Secretary shall be a corpora-
tion sole, hereinafter called the corporation, and shall have
the name of 'The Colonial Treasurer Incorporated', and
by that name shall have perpetual succession, with a
capacity to acquire, whether as purchaser, mortgagee or
otherwise, and hold ill that name lands, Government
securities, shares in any public company, debentures, stocks,
funds, securities for money and real and personal properly
of every description, to sue and be sued, to grailt, 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. what-
soever, 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 what-
soever, and notwithstanding 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 vith
bv 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 scaled with the said
official seal and to be signed by the occupant of the cor-
poration 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 tinie 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 representative 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 Govern-
ment by any person who, having held office in 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 thereupon'such legal estate
or interest shall vest accordingly without any conveyance,
assignment or transfer.
(3) A certificate under the hand of the Colonial Secre-
tary shall be conclusive evidence for all purposes what-
soever 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 15 of 1930. Fraser 15 of 1930. 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.
Abstract
Originally 15 of 1930. Fraser 15 of 1930. 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.
Identifier
https://oelawhk.lib.hku.hk/items/show/2132
Edition
1950
Volume
v6
Subsequent Cap No.
278
Number of Pages
2
Files
Collection
Historical Laws of Hong Kong Online
Citation
“COLONIAL TREASURER INCORPORATION ORDINANCE,” Historical Laws of Hong Kong Online, accessed February 24, 2025, https://oelawhk.lib.hku.hk/items/show/2132.