Hong Kong Ordinances

MENTAL HEALTH ORDINANCE - SECT 22

Transfer of stock of mentally incapacitated person

(Past version on 30/06/1997).

Where any stock or Government security or any share or debenture in a public
company, transferable within Hong Kong or the dividends of which are payable
there, are standing in the name of, or are vested in, a
mentally incapacitated person beneficially entitled thereto or a committee 
of the estate of a mentally incapacitated person or a trustee for him, and the
committee or trustee dies intestate or himself becomes a mentally 
incapacitated person or is out of the jurisdiction of the Court, or it is
uncertain whether the committee or trustee be living or dead or he neglects or
refuses to transfer the stock, securities or shares or to receive and pay the
dividends to a new committee or trustee, or as he directs, within 14 days
after being required by him to do so, the Court may order some fit person to
make such transfer or to transfer the same and to receive and pay over the
dividends in such manner as the Court may direct, and such transfer or payment
shall be valid and effectual for all purposes. (Amended 46 of 1988 s. 32; 81
of 1997 s. 58)