Chapter: 32 COMPANIES ORDINANCE
Section Num: 91 Version Date 30/06/1997
Application of Part III to company incorporated outside Hong Kong
Application of Part III to Companies incorporated outside Hong Kong
(1) This Part shall extend to charges on property in Hong Kong which are created, and to charges on property in Hong Kong which is acquired, by a company (whether a company within the meaning of this Ordinance or not) incorporated outside Hong Kong which has a place of business in Hong Kong.
(2) In the application of sections 88 and 89 to a company referred to in subsection (1)-
(a) references in those sections to the registered office of a company shall be construed as references to the principal place of business of the company in Hong Kong;
(b) references in section 89 to charges shall be construed as references to charges of any kind mentioned in subsection (1).
(3) Where a company (whether a company within the meaning of this Ordinance or not) incorporated outside Hong Kong has, when it establishes a place of business in Hong Kong, property in Hong Kong which is subject to a charge created by the company or subsisting when the property was acquired, being a charge of any such kind as would, if it had been created by the company or the property had been acquired after the establishment of that place of business, have been required to be registered under this Part, the company shall, within 5 weeks after the date on which it establishes the place of business, send to the Registrar for registration the particulars (including any instrument or copy of any instrument) mentioned in this Part as requiring registration in respect of a charge of that kind.
(4) If default is made in complying with subsection (3), the company and every officer of the company who is in default shall be liable to a fine and, for continued default, to a daily default fine. (Amended 7 of 1990 s. 2)
(Replaced 6 of 1984 s. 55)
[cf 1948 c. 38 s. 106 U.K.]