Full legislation
s.3
Savings for repeal of section 25 (power to employ agents)
(1)
Subsection (2) applies if, before the commencement
date
#
of
section 18
of the 2013 amending Ordinance, a person has been
employed or appointed to act as an agent under the repealed
section
25(1)
or
(3).
(2)
For any period for which the employment or appointment has left to run on
or after the commencement
date
#
,
the person is to be treated as having been authorized to exercise functions as
an agent under
section 41B
(and, if appropriate, as also having been
appointed under
section 41G
or
41H
to act as a nominee or
custodian).
(3)
Subsection (4) applies if, before the commencement
date
#
of
section 18
of the 2013 amending Ordinance, a person has been
appointed to act as an agent or attorney under the repealed
section
25(2)
(power to employ agents or attorney in respect of property
outside Hong
Kong).
(4)
For any period for which the appointment has left to run on or after the
commencement
date
#
,
the person is to be treated as having been authorized to exercise functions as
an agent under
section 41B
(and, if appropriate, as also having been
appointed under
section 41G
or
41H
to act as a nominee or
custodian).