Interpretation Registrar to Specify Forms References to Parent Company Forming Incorporated Company Requirements to Memorandum Powers of a Company Power Limited by Memorandum Exclusion of Deemed Notice Signature of Memorandum Memorandum Alteration Alteration of Objects Regulations for Companies Regulations for Unlimited Company Adoption and Application of Table A Printing and Signature of Articles Alteration of Articles Statutory Forms of M & AA Registration of M & AA Effect of Registration Power of Company to Hold Lands Certificate of Incorporation Unlimited Companies Reregistration Company Name Restrictions Power to Dispense Change of Name Company's Misleading Name Specification of Names Index of Company Names Effect of Memorandum & Articles Companies Limited by Guarantee Alterations in Memorandum & Articles Power to Alter Conditions Copies of Memorandum & Articles Issued Copies of Memorandum Definition of Member Membership of Holding Company Meaning of Private Company Private Company Privileges Form of Contracts Pre-incorporation Contracts Bills of Exchange & Promissory Notes Execution of Deeds Abroad Power to Have Official Seal Authentication of Documents Dating of Prospectus Specific Requirements Exemption from Compliance Advertisements on Prospectuses Publishing Guildelines by Commission Expert's Consent Registration of Prospectus One Document Prospectus More Than One Document Prospectus Submission of Certified Copies Civil liability for Misstatements Criminal Liability for Misstatements Right to Damages and Compensation Offer of Shares or Debentures Interpretation of Provisions Prohibition of Allotment: Subscription Prohibition of Allotment: Statement Effect of Irregular Allotment Applications for Shares & Debentures Allotment of Shares and Debentures Return as to Allotments Power to Pay Commissions Financial assistance prohibited Definitions Transactions not prohibited by 47A Restriction for Listed Companies Section 47A for Unlisted Companies Statement Under Section 47E Special Resolution Under Section 47E Financial assistance under section 47E Offering Shares to the Public Premiums on Issue of Shares Merger Relief Relief of Group Reconstructions Provisions to Sections 48C and 48D Relief from Section 48B Power to Issue Redeemable Shares Financing of Redemption Company Power to Purchase Shares Requirements for Listed Company Payments Apart From Purchase Price Authority for Purchase Authority for Purchase Contract Assignment of Right to Purchase Shares Disclosure of Share Purchase Capital Redemption Reserve Power to Redeem Shares out of Capital Availability of Profits Conditions for Payment out of Capital Procedure for Special Resolution Publicity for Proposed Payment Objections by Company's Members Powers of Court on Application Effect of Company's Failure to Redeem Power to Modify Certain Sections Transitional Cases: Sections 49 to 49S Definitions for Sections 49 to 49R Power to Issue Shares at a Discount Arrangement for Amounts Paid on Shares Reserve Liability of Limited Company Power to Alter Share Capital Share Capital Consolidation Notice of Increase of Capital Reserve Share Capital on Re-registration Power of Company to Pay Interest Non Voting Shares Approval for Allotment of Shares Validation of Shares Improperly Issued Resolution for Share Capital Reduction Application for Confirming Order Order Confirming Reduction Registration of Order Registration of Special Resolution Liability of Members Concealing Name of Creditor Variation of rights Rights of Shareholders Documents on Shareholder Rights Nature of Shares Numbering of Shares Transfer not to be Registered Transfer by Personal Representative Registration of Transfer Notice of Refusal to Register Transfer Certification of Transfers Issue of Certificates Certificate to be Evidence of Title Replacement of Lost Certificate Evidence of Grant of Probate Share Warrants to Bearer Official Seals for Share Certificates Making Compensation for Losses Register of Debenture Holders Provision of Instrument Register of Debenture Holders Meetings of Debenture Holders Liability of Trustees Perpetual Debentures Power to Re-issue Redeemed Debentures Contracts to Subscribe for Debentures Payment of Certain Debts Interpretation Certain Distributions Prohibited Restriction on Distribution of Assets Exemption of Certain Companies Realised Profits of Insurance Company Distribution to Be Justified Last Annual Accounts Requirement for Interim Accounts Requirements for Initial Accounts Method of Applying Section 79F Treatment of Assets Distributions in Kind Consequences of Unlawful Distribution Saving for Provision in Articles Application to Certain Companies Saving for Other Distribution Restraints Registration of Charges Charges Created by the Company Charges Existing on Property Charges to be Kept by Registrar Entries of Satisfaction Extension of Time for Registration Appointment of Receiver or Manager Copies of Instruments Company's Register of Charges Right to Inspect Instrument Copies Application of Part III Registered Office of Company Publication of Name of Company Adequacy of Certain Descriptions Register of Members Company Statement Index of Members of Company Entries in Register to Share Warrants Inspection of Register of Members Failure to Comply with Requirements Power to Close Register of Members Power of Court to Rectify Register Trusts not Entered on Register Register to be Evidence Keeping Branch Register Regulations as to Branch Register Registers of Oversea Companies Company Annual Return General Provisions: Annual Returns Certificates Sent by Private Company Annual General Meeting Extraordinary General Meeting Notice for Calling Meetings Meetings and Votes Quorum: One Company Member Power of Court to Order Meeting Proxies Right to Demand a Poll Voting on a Poll Representation of Companies Circulation of Members' Resolutions Special Resolutions Restriction on Alteration of Articles Written Resolutions of Companies Duty to Notify Auditors Written Resolutions: Supplementary Written Record Resolutions Requiring Special Notice Certain Resolutions and Agreements Resolutions at Adjourned Meetings Minutes of Proceedings of Meetings Place to Keep Minute Book Inspection of Minute Books Keeping of Books of Account Profit and Loss Account Contents and Form of Accounts Obligation to Lay Group Accounts Form of Group Accounts Contents of Group Accounts Financial Year of Holding Company Particulars in Relation to Subsidiaries Companies not being Subsidiaries Subsidiary Company's Accounts Signing of Balance Sheet Accounts and Auditors' Report Directors' Report Proviso to Section 141C Sections 129D and 129E Right to Receive Copies Appointment & Removal of Auditors Supplementary Provisions Powers of Auditors False Statements to Auditors Disqualifications: Auditor Appointment Resignation of Auditor Right of Auditor who Resigns Auditor's Report and Rights Construction of References Restrictions on Financial Reports Notices of Intent Relevant Dates Duties of Listed Companies Financial Reports not to be Sent Form and Contents of Reports Prohibition Orders Compliance with Section 129G Requirements as to Accounts Investigation of Company Affairs Company Affairs in Other Cases Power of an Inspector Documents on Investigation Delegation of Powers by Inspector Power to Call for Director's Accounts Inspector's Report Extension of Secretary's Powers Proceedings on Inspector's Report Expenses of Investigation Inspector's Report to be Evidence
COMPANIES ORDINANCE

To consolidate and amend the law relating to companies.

[1 July 1933]

(Originally 39 of 1932 (Cap 32 1950))

CAP 32 COMPANIES ORDINANCE

- Long title - 30/06/1997

Section 1 - Short title - 30/06/1997

Section 2 - Interpretation - 01/12/2005

Section 2A - Registrar to specify forms - 13/02/2004

Section 2B - Construction of references to parent company, etc. - 01/12/2005

Section 3 - (Repealed 6 of 1984 s. 3) - 30/06/1997

Section 4 - Mode of forming incorporated company - 13/02/2004

Section 5 - Requirements with respect to memorandum - 30/06/1997

Section 5A - Powers of a company - 30/06/1997

Section 5B - Power limited by memorandum, etc. - 30/06/1997

Section 5C - Exclusion of deemed notice - 30/06/1997

Section 6 - Signature of memorandum - 30/06/1997

Section 7 - Restriction on alteration of memorandum - 30/06/1997

Section 8 - Mode in which and extent to which objects may be altered - 13/02/2004

Section 9 - Articles prescribing regulations for companies - 30/06/1997

Section 10 - Regulations required in case of unlimited company or company limited by guarantee - 30/06/1997

Section 11 - Adoption and application of Table A - 30/06/1997

Section 12 - Printing and signature of articles - 30/06/1997

Section 13 - Alteration of articles by special resolution - 11/11/1999

Section 14 - Statutory forms of memorandum and articles - 30/06/1997

Section 15 - Registration of memorandum and articles - 30/06/1997

Section 16 - Effect of registration - 30/06/1997

Section 17 - Power of company to hold lands - 30/06/1997

Section 18 - Conclusiveness of certificate of incorporation - 13/02/2004

Section 19 - Unlimited companies may be re-registered as limited - 30/06/1997

Section 20 - Restriction on registration of companies by certain names - 01/07/1997

Section 20A - (Repealed 60 of 1990 s. 4) - 30/06/1997

Section 21 - Power to dispense with certain words in name of charitable and other companies - 01/07/2000

Section 22 - Change of name - 13/02/2004

Section 22A - Power of Registrar to require company to abandon misleading name - 30/06/1997

Section 22B - Specification of names by Chief Executive - 13/02/2004

Section 22C - Registrar's index of company names - 01/07/1997

Section 23 - Effect of memorandum and articles - 13/02/2004

Section 24 - Provision as to memorandum and articles of companies limited by guarantee - 30/06/1997

Section 25 - Alterations in memorandum or articles increasing liability to contribute to share capital not to bind existing members without consent - 30/06/1997

Section 25A - Power to alter conditions in memorandum which could have been contained in articles - 13/02/2004

Section 26 - Copies of memorandum and articles to be given to members - 30/06/1997

Section 27 - Issued copies of memorandum to embody alterations - 30/06/1997

Section 28 - Definition of member - 30/06/1997

Section 28A - Membership of holding company - 30/06/1997

Section 29 - Meaning of private company - 30/06/1997

Section 30 - Circumstances in which company ceases to be or to enjoy privileges of a private company - 01/07/1997

Section 31 - (Repleaed 28 of 2003 s. 12) - 13/02/2004

Section 32 - Form of contracts - 30/06/1997

Section 32A - Pre-incorporation contracts - 30/06/1997

Section 33 - Bills of exchange and promissory notes - 30/06/1997

Section 34 - Execution of deeds abroad - 30/06/1997

Section 35 - Power for company to have official seal for use abroad - 30/06/1997

Section 36 - Authentication of documents - 30/06/1997

Section 37 - Dating of prospectus - 30/06/1997

Section 38 - Specific requirements as to particulars in prospectus - 03/12/2004

Section 38A - Exemption of certain persons and prospectuses from compliance with certain requirements - 03/12/2004

Section 38B - Advertisements concerning prospectuses - 03/12/2004

Section 38BA - Commission may publish guidelines relating to publications falling within section 38B(2) - 03/12/2004

Section 38C - Expert's consent to issue of prospectus containing statement by him - 30/06/1997

Section 38D - Registration of prospectus - 03/12/2004

Section 39 - (Repealed 6 of 1984 s. 23) - 30/06/1997

Section 39A - Amendment of prospectus consisting of one document - 03/12/2004

Section 39B - Prospectus may consist of more than one document, etc. - 03/12/2004

Section 39C - Submission of certified copies - 08/07/2005

Section 40 - Civil liability for misstatements in prospectus - 03/12/2004

Section 40A - Criminal liability for misstatements in prospectus - 03/12/2004

Section 40B - Right to damages and compensation not affected - 30/06/1997

Section 41 - Document containing offer of shares or debentures for sale to be deemed prospectus - 30/06/1997

Section 41A - Interpretation of provisions relating to prospectuses - 03/12/2004

Section 42 - Prohibition of allotment unless minimum subscription received - 30/06/1997

Section 43 - Prohibition of allotment in certain cases unless statement in lieu of prospectus delivered to Registrar - 03/12/2004

Section 44 - Effect of irregular allotment - 30/06/1997

Section 44A - Applications for, and allotment of, shares and debentures - 30/06/1997

Section 44B - Allotment of shares and debentures to be listed on stock exchange - 30/06/1997

Section 45 - Return as to allotments - 13/02/2004

Section 46 - Power to pay certain commissions, and prohibition of payment of all other commissions, discounts, &c. - 30/06/1997

Section 47 - (Repealed 80 of 1974 s. 3) - 30/06/1997

Section 47A - Financial assistance generally prohibited - 30/06/1997

Section 47B - Definitions - 13/02/2004

Section 47C - Transactions not prohibited by section 47A - 30/06/1997

Section 47D - Special restriction for listed companies - 30/06/1997

Section 47E - Relaxation of section 47A for unlisted companies - 13/02/2004

Section 47F - Directors' statement under section 47E - 13/02/2004

Section 47G - Special resolution under section 47E - 13/02/2004

Section 48 - Time for giving financial assistance under section 47E - 13/02/2004

Section 48A - Construction of references to offering shares or debentures to the public - 03/12/2004

Section 48B - Application of premiums received on issue of shares - 11/11/1999

Section 48C - Merger relief - 11/11/1999

Section 48D - Relief in respect of group reconstructions - 11/11/1999

Section 48E - Provisions supplementary to sections 48C and 48D - 11/11/1999

Section 48F - Provision for extending or restricting relief from section 48B - 11/11/1999

Section 49 - Power to issue redeemable shares - 30/06/1997

Section 49A - Financing etc. of redemption - 30/06/1997

Section 49B - Power of company to purchase own shares - 01/04/2003

Section 49BA - Requirements for listed company to purchase own shares - 13/02/2004

Section 49C - Payments apart from purchase price to be made out of distributable profits - 30/06/1997

Section 49D - Authority for purchase by unlisted company - 01/07/2000

Section 49E - Authority for contingent purchase contract - 30/06/1997

Section 49F - Assignment or release of company's right to purchase own shares - 30/06/1997

Section 49G - Disclosure by company of purchase of own shares - 30/06/1997

Section 49H - The capital redemption reserve - 30/06/1997

Section 49I - Power of private companies to redeem or purchase own shares out of capital - 30/06/1997

Section 49J - Availability of profits for purposes of section 49I - 13/02/2004

Section 49K - Conditions for payment out of capital - 13/02/2004

Section 49L - Procedure for special resolution under section 49K - 13/02/2004

Section 49M - Publicity for proposed payment out of capital - 13/02/2004

Section 49N - Objections by company's members or creditors - 30/06/1997

Section 49O - Powers of court on application under section 49N - 30/06/1997

Section 49P - Effect of company's failure to redeem or purchase - 30/06/1997

Section 49Q - Power for Chief Executive in Council to modify certain sections - 13/02/2004

Section 49R - Transitional cases arising under sections 49 to 49S; and savings - 30/06/1997

Section 49S - Definitions for sections 49 to 49R - 30/06/1997

Section 50 - Power to issue shares at a discount - 30/06/1997

Section 51 - Power of company to arrange for different amounts being paid on shares - 30/06/1997

Section 52 - Reserve liability of limited company - 30/06/1997

Section 53 - Power of company limited by shares to alter its share capital - 30/06/1997

Section 54 - Notice to Registrar of consolidation of share capital, conversion of shares into stock, &c. - 13/02/2004

Section 55 - Notice of increase of capital - 13/02/2004

Section 56 - Power of unlimited company to provide for reserve share capital on re-registration - 30/06/1997

Section 57 - Power of company to pay interest out of capital in certain cases - 30/06/1997

Section 57A - Non voting shares and shares with different voting rights - 30/06/1997

Section 57B - Approval of company required for allotment of shares by directors - 01/07/2000

Section 57C - Validation of shares improperly issued - 30/06/1997

Section 58 - Special resolution for reduction of share capital - 13/02/2004

Section 59 - Application to court for confirming order, objections by creditors and settlement of list of objecting creditors - 13/02/2004

Section 60 - Order confirming reduction and powers of court on making such order - 30/06/1997

Section 61 - Registration of order and minute of reduction - 13/02/2004

Section 61A - Registration of special resolution, minute and statement where court confirmation is not required - 13/02/2004

Section 62 - Liability of members in respect of reduced shares - 30/06/1997

Section 63 - Penalty for concealing name of creditor - 30/06/1997

Section 63A - Variation of rights attached to special classes of shares - 13/02/2004

Section 64 - Rights of holders of special classes of shares - 30/06/1997

Section 64A - Documents relating to rights of holders of special classes of shares to be filed with Registrar - 01/07/2000

Section 65 - Nature of shares - 30/06/1997

Section 65A - Numbering of shares - 30/06/1997

Section 66 - Transfer not to be registered except on production of instrument of transfer - 30/06/1997

Section 67 - Transfer by personal representative - 30/06/1997

Section 68 - Registration of transfer at request of transferor - 30/06/1997

Section 69 - Notice of refusal to register transfer - 30/06/1997

Section 69A - Certification of transfers - 30/06/1997

Section 70 - Duties of company with respect to issue of certificates - 13/02/2004

Section 71 - Certificate to be evidence of title - 30/06/1997

Section 71A - Procedure for replacement of lost certificate - 01/04/2003

Section 72 - Evidence of grant of probate - 30/06/1997

Section 73 - Issue and effect of share warrants to bearer - 30/06/1997

Section 73A - Official seals for sealing share certificates etc. - 30/06/1997

Section 74 - Power to make compensation for losses from forged transfers - 30/06/1997

Section 74A - Company's register of debenture holders - 30/06/1997

Section 74B - Construction of provision of instrument relating to form of register of debenture holders - 30/06/1997

Section 75 - Rights of inspection of register of debenture holders and to copies of register and trust deed or other document - 30/06/1997

Section 75A - Meetings of debenture holders - 30/06/1997

Section 75B - Liability of trustees for debenture holders - 30/06/1997

Section 76 - Perpetual debentures - 30/06/1997

Section 77 - Power to re-issue redeemed debentures on certain cases - 30/06/1997

Section 78 - Specific performance of contracts to subscribe for debentures - 30/06/1997

Section 79 - Payment of certain debts out of assets subject to floating charge in priority to claims under the charge - 30/06/1997

Section 79A - Interpretation - 13/02/2004

Section 79B - Certain distributions prohibited - 30/06/1997

Section 79C - Restriction on distribution of assets - 30/06/1997

Section 79D - Exemption of certain companies - 30/06/1997

Section 79E - Realised profits of insurance company with long term business - 30/06/1997

Section 79F - Distribution to be justified by reference to company's accounts - 30/06/1997

Section 79G - Requirement for last annual accounts - 30/06/1997

Section 79H - Requirement for interim accounts - 30/06/1997

Section 79I - Requirements for initial accounts - 30/06/1997

Section 79J - Method of applying section 79F to successive distributions - 30/06/1997

Section 79K - Treatment of assets in the relevant accounts - 30/06/1997

Section 79L - Distributions in kind - 30/06/1997

Section 79M - Consequences of unlawful distribution - 30/06/1997

Section 79N - Saving for provision in articles operative before the appointed day - 30/06/1997

Section 79O - Application to certain companies - 30/06/1997

Section 79P - Saving for other restraints on distribution - 30/06/1997

Section 80 - Registration of charges created by companies - 30/06/1997

Section 81 - Duty of company to register charges created by company - 30/06/1997

Section 82 - Duty of company to register charges existing on property acquired - 30/06/1997

Section 83 - Register of charges to be kept by Registrar - 13/02/2004

Section 84 - (Repealed 6 of 1984 s. 50) - 30/06/1997

Section 85 - Entries of satisfaction and release of property from charge - 13/02/2004

Section 86 - Extension of time for registration, and rectification of register of charges - 13/02/2004

Section 87 - Notice to Registrar of appointment of receiver or manager, or of mortgagee taking possession, etc. - 13/02/2004

Section 88 - Copies of instruments creating charges to be kept by company - 30/06/1997

Section 89 - Company's register of charges - 30/06/1997

Section 90 - Right to inspect copies of instruments creating mortgages and charges and company's register of charges - 30/06/1997

Section 91 - Application of Part III to company incorporated outside Hong Kong - 30/06/1997

Section 92 - Registered office of company - 13/02/2004

Section 93 - Publication of name of company - 09/06/2000

Section 94 - Adequacy of certain descriptions of companies - 30/06/1997

Section 95 - Register of members - 13/02/2004

Section 95A - Statement that company has only one member - 13/02/2004

Section 96 - Index of members of company - 30/06/1997

Section 97 - Provisions as to entries in register in relation to share warrants - 30/06/1997

Section 98 - Inspection of register of members - 30/06/1997

Section 98A - Consequences of failure to comply with requirements as to register owing to agent's default - 30/06/1997

Section 99 - Power to close register of members and register of debenture holders - 30/06/1997

Section 100 - Power of court to rectify register - 30/06/1997

Section 101 - Trusts not to be entered on register - 30/06/1997

Section 102 - Register to be evidence - 30/06/1997

Section 103 - Power of company to keep branch register - 13/02/2004

Section 104 - Regulations as to branch register - 30/06/1997

Section 105 - (Repealed 31 of 1981 s. 95) - 30/06/1997

Section 106 - Provisions as to branch registers of oversea companies kept in Hong Kong - 01/07/1997

Section 107 - Annual return to be made by company - 13/02/2004

Section 108 - (Repealed 3 of 1997 s. 31) - 30/06/1997

Section 109 - General provisions as to annual returns - 13/02/2004

Section 110 - Certificates to be sent by private company with annual return - 01/07/2000

Section 111 - Annual general meeting - 01/07/2000

Section 112 - (Repealed 6 of 1984 s. 74 ) - 30/06/1997

Section 113 - Convening of extraordinary general meeting on requisition - 01/07/2000

Section 114 - Length of notice for calling meetings - 11/11/1999

Section 114A - General provisions as to meetings and votes - 13/02/2004

Section 114AA - Quorum where company has only one member - 13/02/2004

Section 114B - Power of court to order meeting - 30/06/1997

Section 114C - Proxies - 30/06/1997

Section 114D - Right to demand a poll - 30/06/1997

Section 114E - Voting on a poll - 30/06/1997

Section 115 - Representation of companies at meetings of other companies and of creditors - 01/04/2003

Section 115A - Circulation of members' resolutions, etc. - 13/02/2004

Section 116 - Special resolutions - 30/06/1997

Section 116A - Restriction on alteration of articles to improve director's emoluments - 30/06/1997

Section 116B - Written resolutions of companies - 01/07/2000

Section 116BA - Duty to notify auditors of proposed written resolution - 01/07/2000

Section 116BB - Written resolutions: supplementary provisions - 01/07/2000

Section 116BC - Written record where company has only one member - 13/02/2004

Section 116C - Resolutions requiring special notice - 30/06/1997

Section 117 - Registration and copies of certain resolutions and agreements - 13/02/2004

Section 118 - Resolutions passed at adjourned meetings - 30/06/1997

Section 119 - Minutes of proceedings of meetings and directors - 30/06/1997

Section 119A - Place where minute book is to be kept and notice of change of place - 30/06/1997

Section 120 - Inspection of minute books - 30/06/1997

Section 121 - Keeping of books of account - 30/06/1997

Section 122 - Profit and loss account and balance sheet - 30/06/1997

Section 123 - General provisions as to contents and form of accounts - 01/12/2005

Section 124 - Obligation to lay group accounts before holding company - 30/06/1997

Section 125 - Form of group accounts - 30/06/1997

Section 126 - Contents of group accounts - 01/12/2005

Section 127 - Financial year of holding company and subsidiary - 01/12/2005

Section 128 - Particulars to be shown in company's accounts in relation to subsidiaries - 01/12/2005

Section 129 - Particulars to be shown in company's accounts in relation to companies not being subsidiaries whose shares it holds - 13/02/2004

Section 129A - Particulars to be shown in subsidiary company's accounts in relation to its ultimate parent undertaking - 01/12/2005

Section 129B - Signing of balance sheet - 13/02/2004

Section 129C - Accounts to be annexed, and auditors' report to be attached, to balance sheet - 04/01/2002

Section 129D - Directors' report to be attached to balance sheet - 01/12/2005

Section 129E - Directors' report to show, for items included under authority of proviso to section 141C corresponding amounts for preceding financial year - 30/06/1997

Section 129F - Penalization of failure by directors to secure compliance with requirements of sections 129D and 129E - 04/09/1998

Section 129G - Right to receive copies of balance sheets and directors' and auditors' reports - 04/01/2002

Section 130 - (Repealed 6 of 1983 s. 60) - 30/06/1997

Section 131 - Appointment and removal of auditors - 30/06/1997

Section 132 - Supplementary provisions relating to appointment and removal of auditors - 30/06/1997

Section 133 - Powers of auditors in relation to subsidiaries - 30/06/1997

Section 134 - False statements etc. to auditors - 30/06/1997

Section 135 - (Repealed 68 of 1972 s. 52) - 30/06/1997

Section 136 - (Repealed 68 of 1972 s. 52) - 30/06/1997

Section 137 - (Repealed 68 of 1972 s. 52) - 30/06/1997

Section 138 - (Repealed 68 of 1972 s. 52) - 30/06/1997

Section 139 - (Repealed 68 of 1972 s. 52) - 30/06/1997

Section 140 - Disqualifications for appointment as auditor - 01/12/2005

Section 140A - Resignation of auditor - 13/02/2004

Section 140B - Right of auditor who resigns to requisition meeting of company, etc. - 30/06/1997

Section 141 - Auditor's report and rights of access to books and to attend and be heard at meetings - 30/06/1997

Section 141A - (Repealed 30 of 1999 s. 9) - 11/11/1999

Section 141B - (Repealed 30 of 1999 s. 9) - 11/11/1999

Section 141C - Construction of references to documents annexed to accounts - 30/06/1997

Section 141CA - Restrictions on sending of summary financial reports of listed companies - 04/01/2002

Section 141CB - Circumstances where entitled persons are to be treated as having sent notices of intent to listed companies - 04/01/2002

Section 141CC - Restrictions on sending of summary financial reports, etc. of listed companies where there are "relevant dates" - 04/01/2002

Section 141CD - Duties of listed companies to comply with certain requests made by entitled persons - 04/01/2002

Section 141CE - Certain circumstances in which no summary financial reports shall be sent in place of relevant financial documents - 04/01/2002

Section 141CF - Form and contents, etc. of summary financial reports - 04/01/2002

Section 141CG - Prohibition orders against circulation, etc. of summary financial reports - 04/01/2002

Section 141CH - Circumstances in which listed companies may comply with section 129G by use of computer network - 04/01/2002

Section 141D - Power of shareholders of certain private companies to waive compliance with requirements as to accounts - 01/04/2003

Section 142 - Investigation of the affairs of a company on application of members - 30/06/1997

Section 143 - Investigation of the affairs of a company in other cases - 30/06/1997

Section 144 - Power of an inspector to investigate affairs of related company - 30/06/1997

Section 145 - Production of documents, and evidence, on investigation - 30/06/1997

Section 145A - Delegation of powers by inspector - 30/06/1997

Section 145B - Power of inspector to call for director's accounts - 13/02/2004

Section 146 - Inspector's report - 30/06/1997

Section 146A - Extension of Financial Secretary's powers of investigation to certain bodies incorporated outside Hong Kong - 30/06/1997

Section 147 - Proceedings on inspector's report - 15/07/2005

Section 148 - Expenses of investigation of the affairs of a company - 30/06/1997

Section 149 - Inspector's report to be evidence - 30/06/1997

Section 149A - (Repealed 72 of 1994 s. 5) - 30/06/1997

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Jurisdictions, etc..
23/10/2007
A company operating in Hamburg, Beiersdorf Aktiengesellschaft has recently announced entering a share purchase agreement with a BVI-incorporated Global Source Investments Limited and Hong Kong-incorporated C-BONS Holding (International) Limited.
02/07/2007
Hong Kong Financial Secretary Henry Tang suggests that issuing renminbi-denominated financial bonds in Hong Kong will reinforce its banking status. Monetary Authority Chief Executive Joseph Yam has also commented on this issue.
20/06/2007
According to the data released by the Census & Statistics Department of Hong Kong, the BVI is one of the top destinations for Hong Kong's external factor income outflow and inflow in Quarter 1 of 2007.
15/06/2007
The government of Hong Kong has published its final report on the public consultation on tax reform to provide recommendations about exploring some options aimed at the development and enlargement of narrow tax base in Hong Kong.
02/06/2007
On May 28, 2007, the launch of Unsolicited Electronic Messages Ordinance from June 1 was announced by Hong Kong's Commerce, Industry & Technology Bureau. The Ordinance is to be carried out in 2 phases.
20/05/2007
At the Swiss Private Bankers' Association's meeting, Hong Kong Financial Secretary Henry Tang invited swiss bankers to use Hong Kong as a regional base for managing their businesses in Asia.
12/05/2007
At the Hong Kong Economic and Trade Office Seminar named "Hong Kong - New Opportunities as an International Financial Centre", Joseph Yam announced a strategy to make a greater Hong Kong's contribution to the reform and liberalisation of the Mainland China and to maintain the status of Hong Kong as an international financial centre.
27/04/2007
On April 25, 2007, Hong Kong Financial Secretary Henry Tang told legislators that from 2004 to 2005 growth in Hong Kong's combined fund-management business was on 25%.
12/04/2007
According to the Global Financial Centers Index (GFCI), Hong Kong is the 3rd most competitive financial centre in the world.
30/03/2007
India's largest public sector bank in terms of aggregate business, Canara Bank announced that it is opening the 1st branch in Hong Kong, which is an expanding move for the bank.
12/03/2007
At the 14th APEC SME Ministerial Meeting, Director-General of the Hong Kong Trade & Industry department, stated that Hong Kong's favourable business environment is underpinned by the rule of law, free flow of capital and information, a low and simple tax regime, an independent judiciary and an efficient government.
21/02/2007
According to the announcement made by the Hong Kong Monetary Authority (HKMA) on February 7, 2007, Hong Kong's official foreign currency reserve assets amounted to the total of USD 133.7 billion in the end of January 2007.
09/02/2007
Hong Kong Monetary Authority announced the amount of official foreign currency reserve assets on the end of January 2007, which totalled at USD 133.7 billion.
01/02/2007
Rewrite of the Companies Ordinance will bring substantial benefits to Hong Kong, especially in strengthening competitiveness of the jurisdiction and its status as a global business and financial centre.
29/01/2007
Hong Kong is to receive benefits from increased links with the market of mainland China, as stated by Hong Kong Monetary Authority Chief Executive.
26/01/2007
New Anti-Money Laundering rules are introduced by Hong Kong's Security Bureau. Customers' identities and record transactions of HK$ 8 000 dollars or more must be verified by remittance agents and money changers.
17/01/2007
The Heritage Foundation has ranked Hong Kong as the freest economy in the world for the 13th consecutive year. It is followed by Singapore and Australia.
06/01/2007
Comparing to 2005, property sale and purchase agreements in Hong Kong in 2006 fell 19.9%. This fact was released on January 4, 2007 by the Land Registry.
03/01/2007
Financial Secretary of Hong Kong, Henry Tang understands people's high expectations for the 2007-2008 Budget, however, he suggests the necessity of a balance between the interests of different parties when devising it.
21/12/2006
In November, inflation in Hong Kong accelerated to 2.2% on higher clothing, housing and food prices. To compare this figure, the Census and Statistics Department indicates 2% inflation in October.
08/11/2006
According to the IMF, the economy of Hong Kong is expected to grow by 6% this year and maintain growth of 5% in 2007. The IMF stated that growth prospects will depend on the management and expanding the evolving financial integration with the Mainland.
30/10/2006
In Hong Kong, two new banking regulations have been gazetted to be tabled at the Legislative Council on November 1. These are the Banking (Capital) Rules and Banking (Disclosure) Rules. The rules are to be in force from January 1, 2007.
18/10/2006
According to the UN's World Investment Report 2006, Hong Kong attracted USD 35.9 billion in foreign direct investment (FDI) last year, up 5.6% on 2004. So, Hong Kong is the 2nd-largest FDI destination in Asia after China, which amassed USD 72.4 billion.
16/10/2006
Hong Kong is likely to refuse discussing joining the EU's tax information-sharing scheme applied under the Savings Tax Directive. The EU would like to sign the Agreement and include information-sharing there.
25/11/2007
Recently, the Seychelles International Business Authority has sponsored Asia Offshore Association (AOA) Conference in Vietnam, and International Tax Planning Association (ITPA) meeting in Hong Kong.