Cap. 29activeordinance

Trustee Ordinance

受託人條例

Full legislation

s.1

Savings for repeal ofsection 8(investment in bearer securities)

If, immediately before the commencement
                    date
#
of
section 8
of the 2013 amending Ordinance, a banker or banking company
                holds any securities payable to bearer deposited with it under the repealed
section 8
, then on and after that date, the banker or banking company
                is to be treated as having been appointed as a custodian of the securities under
section
                41I
.