BANK NOTES (ISSUE) ORDINANCE, 1895
Title
BANK NOTES (ISSUE) ORDINANCE, 1895
Description
ORDINANCE No. 2 OF 1895.
Bank Notes (Issue)
AN ORIDNANCE ro regulate the Issue of Bank Notes.
[20th March,1895.]
BE it enacted by the Governor of Hongkong,with the advice and
consent of the Legislative Council thereof,as follows:-
1.This Ordinance may be cited as the Bank Notes (Issue) Ordinance,
1895.
2.In this Ordinance the word 'Bank' includes any person,
partnership,or company caryying on the business of banking within
the Colony.
3.It shall not be lawful hereafter for any bank to make,issue,or
circulate within the Colony bank notes payable to nearer on demand.,
except with the previous sanction of one of Her Majesty's Principal
Secretaries of State signified through the Governor.
4.This Ordinance shall not affect any bank notes payable to bearer
on demand which are in circulation on the 20th day of March,1895,
nor shall it affect any right or privilege possessed by any bank under
Royal Charter or Ordinance of the Colony or issuing or re-issuing
within the Colony bills or notes payable to bearer on demand.
5.-(1.)Every bank shall,on the written application of the Colonial
Treasurer,furnish him with a statement of its bank notes payable to
bearer on demand in circulation on the 20th day of March,1895.
(2.)Such statement shall be resigned by the banker,or manager,or
agent and accountant of such bank,and shall be sufficient to enable
any such bank notes in circulation on such day to be distinguished
from those not then in circulation.
A.D. 1895. Ordinance No. 2 of 1895.
Short title.
Interpretation of term.
Prohibition of issue of bank notes except by sanction of a Secretary of State.
Saving as to existing bank note issue, etc. Furnishing by bank of statement of existing note issue.
Bank Notes (Issue)
AN ORIDNANCE ro regulate the Issue of Bank Notes.
[20th March,1895.]
BE it enacted by the Governor of Hongkong,with the advice and
consent of the Legislative Council thereof,as follows:-
1.This Ordinance may be cited as the Bank Notes (Issue) Ordinance,
1895.
2.In this Ordinance the word 'Bank' includes any person,
partnership,or company caryying on the business of banking within
the Colony.
3.It shall not be lawful hereafter for any bank to make,issue,or
circulate within the Colony bank notes payable to nearer on demand.,
except with the previous sanction of one of Her Majesty's Principal
Secretaries of State signified through the Governor.
4.This Ordinance shall not affect any bank notes payable to bearer
on demand which are in circulation on the 20th day of March,1895,
nor shall it affect any right or privilege possessed by any bank under
Royal Charter or Ordinance of the Colony or issuing or re-issuing
within the Colony bills or notes payable to bearer on demand.
5.-(1.)Every bank shall,on the written application of the Colonial
Treasurer,furnish him with a statement of its bank notes payable to
bearer on demand in circulation on the 20th day of March,1895.
(2.)Such statement shall be resigned by the banker,or manager,or
agent and accountant of such bank,and shall be sufficient to enable
any such bank notes in circulation on such day to be distinguished
from those not then in circulation.
A.D. 1895. Ordinance No. 2 of 1895.
Short title.
Interpretation of term.
Prohibition of issue of bank notes except by sanction of a Secretary of State.
Saving as to existing bank note issue, etc. Furnishing by bank of statement of existing note issue.
Abstract
A.D. 1895. Ordinance No. 2 of 1895.
Short title.
Interpretation of term.
Prohibition of issue of bank notes except by sanction of a Secretary of State.
Saving as to existing bank note issue, etc. Furnishing by bank of statement of existing note issue.
Short title.
Interpretation of term.
Prohibition of issue of bank notes except by sanction of a Secretary of State.
Saving as to existing bank note issue, etc. Furnishing by bank of statement of existing note issue.
Identifier
https://oelawhk.lib.hku.hk/items/show/681
Edition
1901
Volume
v2
Subsequent Cap No.
65
Cap / Ordinance No.
No. 2 of 1895
Number of Pages
2
Files
Collection
Historical Laws of Hong Kong Online
Citation
“BANK NOTES (ISSUE) ORDINANCE, 1895,” Historical Laws of Hong Kong Online, accessed February 6, 2025, https://oelawhk.lib.hku.hk/items/show/681.
