COMPANIES REGISTRY TRADING FUND - CHAPTER 430B COMPANIES REGISTRY TRADING FUND - LONG TITLE Empowering section VerDate:30/06/1997 RESOLUTION OF THE LEGISLATIVE COUNCIL (L.N. 249 of 1993) Resolution made and passed by the Legislative Council under sections 3, 4 and 6 of the Trading Funds Ordinance (Cap 430) on 30 June 1993. RESOLVED that with effect from 1 August 1993- (a) on the recommendation of the Financial Secretary, the Companies Registry Trading Fund ("the trading fund") shall be established to manage and account for the operation of the government service of the Companies Registry; (b) the services to be provided under the trading fund shall be those specified in Schedule 1; (c) the assets set out in column 2 of Schedule 2 shall, subject to any term specified opposite an asset in column 3 of that Schedule, be appropriated to the trading fund; (d) the net value of the assets of $415.16 m. appropriated to the trading fund shall be shown in the Capital Investment Fund- (i) as to $276.70 m., as a loan; (ii) as to the balance, as a contribution of trading fund capital; (e) the load referred to in paragraph (d)(i)- (i) shall be repayable in 10 equal annual instalments of $27.67 m. each, the first such instalment to become due on 1 August 1994; (ii) shall, as to any balance unpaid, bear interest at a rate equal to the average of the best lending rate quoted by the continuing members of the Committee of The Hong Kong Association of Banks, such interest to be payable annually in arrear. (Enacted 1993) COMPANIES REGISTRY TRADING FUND - SCHEDULE 1 SERVICES TO BE PROVIDED BY THE TRADING FUND VerDate:01/12/2006 [paragraph (b)] 1. Administering and enforcing the provisions of the Companies Ordinance (Cap 32), including facilitating the incorporation of new companies and maintaining registers of companies and charges. 2. Administering and enforcing the provisions of the Limited Partnerships Ordinance (Cap 37), including maintaining the register of limited partnerships. 3. Administering and enforcing the provisions of Part VIII of the Trustee Ordinance (Cap 29), including maintaining the Register of Trust Companies. 4. Administering and enforcing the provisions of the Registered Trustees Incorporation Ordinance (Cap 306), including maintaining the register of incorporated trustees. 5. Making available, where the Registrar of Companies is so required or permitted by law, information registered or filed with the Registrar. 6. Monitoring the adequacy of the regulatory framework embodied in any Ordinance referred to in this Schedule and in other Ordinances where the Registrar of Companies has been specified, and advising the Government on any need for change. 6A. Supporting the Financial Reporting Council established by section 6(1) of the Financial Reporting Council Ordinance (Cap 588) in the performance of its functions by— (a) providing the service of the Registrar of Companies as an ex officio member of the Council; and (b) making contributions, whether in cash or in kind, to sponsor the performance by the Council of any of its functions. (18 of 2006 s. 82) 7. Any service that the Registrar of Companies may be authorized to provide under or by virtue of any other Ordinance. 8. Providing advice or information on any matter that lies within the expertise of the Registrar of Companies. 9. Any service incidental to or conducive to the provision of any of the services specified in this Schedule. (Enacted 1993) COMPANIES REGISTRY TRADING FUND - SCHEDULE 1 SERVICES TO BE PROVIDED BY THE TRADING FUND VerDate:30/06/1997 [paragraph (b)] 1. Administering and enforcing the provisions of the Companies Ordinance (Cap 32), including facilitating the incorporation of new companies and maintaining registers of companies and charges. 2. Administering and enforcing the provisions of the Limited Partnerships Ordinance (Cap 37), including maintaining the register of limited partnerships. 3. Administering and enforcing the provisions of Part VIII of the Trustee Ordinance (Cap 29), including maintaining the Register of Trust Companies. 4. Administering and enforcing the provisions of the Registered Trustees Incorporation Ordinance (Cap 306), including maintaining the register of incorporated trustees. 5. Making available, where the Registrar of Companies is so required or permitted by law, information registered or filed with the Registrar. 6. Monitoring the adequacy of the regulatory framework embodied in any Ordinance referred to in this Schedule and in other Ordinances where the Registrar of Companies has been specified, and advising the Government on any need for change. 7. Any service that the Registrar of Companies may be authorized to provide under or by virtue of any other Ordinance. 8. Providing advice or information on any matter that lies within the expertise of the Registrar of Companies. 9. Any service incidental to or conducive to the provision of any of the services specified in this Schedule. (Enacted 1993) COMPANIES REGISTRY TRADING FUND - SCHEDULE 2 ASSETS VerDate:30/06/1997 [paragraph (c)] Item Description Terms 1. Parts of the building known as Queensway Government Offices, namely- (a) the whole of the 13th, 14th and 15th floors; (b) those parts of the 1st floor of the Low Block and the 12th, 17th and 30th floors of the High Block as shown on the document marked "Accommodation Plan of Companies Registry" dated 4 June 1993 and kept by the Registrar of Companies. Not to be disposed of unless the approval of the Financial Secretary has first been obtained. 2. All furniture and equipment under the control of the Registrar of Companies on 1 August 1993, as set out in the document marked "Inventory of Furniture and Equipment of the Companies Registry" kept by the Registrar of Companies. 3. Office car registered number AM 123. 4. Capitalized setting-up costs. (Enacted 1993)