Chapter: 32 COMPANIES ORDINANCE
Section Num: 79O Version Date 30/06/1997
Application to certain companies
Where a company is-
(a) a banking company as defined in paragraph 26 of the Tenth Schedule;
(b) an insurance company authorized to carry on business under the Insurance Companies Ordinance (Cap 41); or
(c) a shipping company as defined in paragraph 28 of the Tenth Schedule, section 79G to 79K shall apply with the following modifications- <* Note - Exp. X-Ref.: Sections 79G, 79H, 79I, 79J, 79K *>
(i) section 79G applies as if in subsection 79G(2)(b), immediately after the words "in the case of any other company" there were inserted ", except where the company is entitled to avail itself, and has availed itself, of any of the provisions of Part III of the Tenth Schedule,";
(ii) sections 79H and 79I apply as if in section 79H(3), immediately after the words "without prejudice to the foregoing" there were inserted ", except where the company is entitled to avail itself, and has availed itself, of any of the provisions of Part III of the Tenth Schedule,".
[cf. 1985 c. 6 s. 279 U.K.]
(Part IIA added 77 of 1991 s. 6)