Hong Kong Ordinances

MASS TRANSIT RAILWAY ORDINANCE - SECT 52A

Interpretation of Part IXA

PART IXA

VESTING OF CERTAIN RIGHTS AND LIABILITIES OF KCRC IN CORPORATION

In this Part-

"contract" (合約) includes any agreement, bond, guarantee or security made
or given orally, in writing, by deed, by conduct or otherwise;

"liabilities" (法律責任) includes obligations;

"relevant date" (有關日期)-

   (a)  in relation to a contract or a contract of a class of contracts
        specified in a Vesting Notice, means the date specified in the
        Vesting  Notice for the purposes of section 52B(1);

   (b)  in relation to a contract or a contract of a class of contracts
        specified in a Re-vesting Notice, means the date specified in the
        Re-vesting Notice for the purposes of section 52C(1);

   (c)  in relation to a contract or document to which section 52D or 52E
        applies, means the Merger Date;

   (d)  in relation to any security to which section 52F applies, means the
        date on which the rights in respect of which the security is held are
        vested in the Corporation or KCRC under section 52B or 52C (as the
        case may be);

"relevant rights and liabilities" (有關的權利及法律責任), in
relation to a contract or document to which section 52B, 52D, 52E or 52F(1)
applies, means the rights and liabilities vested in the Corporation under
section 52B, 52D, 52E or 52F(1) (as the case may be);

"Re-vesting Notice" (再轉歸公告) means a notice made by the Secretary
under section 52C(3);

"security" (抵押) means any interest, legal or equitable, by means of which
the payment or discharge of a debt or liability (whether present or future,
actual or contingent) is secured, whether or not that interest is evidenced in
writing;

"Vesting Notice" (轉歸公告) means a notice made by the Secretary under
section  52B (3). (Part IXA added 11 of 2007 s. 20)

"contract" (合約)

"liabilities" (法律責任)

"relevant date" (有關日期)

"relevant rights and liabilities" (有關的權利及法律責任)

"Re-vesting Notice" (再轉歸公告)

"security" (抵押)

"Vesting Notice" (轉歸公告)