Full legislation
s.68
Transfer of trust securities into name of Official Trustee
(1)
Trustees, or the majority of trustees, having any securities standing in their
names in the books of a specified entity, or in the names of any deceased persons of
whom they are personal representatives, upon any trust, may on filing such affidavit
as aforesaid, to transfer such securities, with such consent and in accordance with
such directions as aforesaid, into the name of the Official Trustee (by the Official
Trustee’s official designation) or to deposit the securities in the Official
Trustee’s name in such bank as aforesaid in the matter of the particular trust
(describing the same as aforesaid), in trust to attend the orders of the court.
(Amended
9 of 1993 s. 7
;
14 of 2025 s. 100
)
(2)
In this
section—
specified entity
(
指明實體
) means—
(a)
a public company or corporation established in Hong Kong; or
(b)
a body corporate registered under
section 820C(1)
of the
Companies Ordinance (
Cap. 622
)
as—
(i)
a public company limited by shares; or
(ii)
a public unlimited company with a share capital.
(Added
14 of 2025 s. 100
)