|
[接上页] (Enacted 1996) Cap 1161 s 16 Interests in land The deemed vesting in BOT International of an interest in land by virtue of this Ordinance shall not- (a) constitute an acquisition, assignment, transfer or parting with possession of that interest for the purposes of section 53(4)(a) or (7)(a) of the Landlord and Tenant (Consolidation) Ordinance (Cap 7); or (Amended 16 of 2004 s. 16) (b) constitute an assignment, transfer, devolution, parting with possession, dealing with or other disposition of that interest for the purposes of any provision contained in any instrument concerning or affecting that interest; or (c) operate as a breach of covenant or condition against alienation; or (d) give rise to any forfeiture, damages or other right of action; or (e) invalidate or discharge any contract or security; or (f) operate so as to merge any leasehold interest in the reversion expectant on it. (Enacted 1996) Cap 1161 s 17 Completion and deduction of title to property To enable the BOT International to complete a title, if thought fit, to any property transferred to it and vested in it by virtue of this Ordinance by notice of title, deed, instrument or otherwise, or to deduce title, this Ordinance shall be deemed to be, and may be used as, an assignment or assignation, conveyance, transfer or, as the case may be, general disposition of such property in favour of BOT International. (Enacted 1996) Cap 1161 s 18 Saving for enactments concerning banking institutions Nothing in this Ordinance shall exempt Mitsubishi Finance or BOT International or any other subsidiary of Mitsubishi Finance or BOT International from the provisions of any enactment regulating the carrying on of the business of any of them. (Enacted 1996) Cap 1161 s 19 Saving for companies Nothing in this Ordinance shall prejudice the powers of BOT International to alter its memorandum and articles of association or to dispose of, or deal with, its property, security or liabilities or to carry on or discontinue any part of its business; and nothing in this Ordinance shall prejudice the powers of Mitsubishi Finance to dispose of, or deal with, its property, security or liabilities before the appointed day. (Enacted 1996) Cap 1161 s 20 Saving Remarks: Adaptation amendments retroactively made - see 60 of 1999 s. 3 (1) Nothing in this Ordinance shall affect or be deemed to affect the rights of the Central Authorities or the Government of the Hong Kong Special Administrative Region under the Basic Law and other laws, or the rights of any body politic or corporate or of any other persons except such as are mentioned in this Ordinance and those claiming by, from or under them. (Amended 60 of 1999 s. 3) (2) Nothing in this Ordinance shall affect the liability of BOT International to settle the consideration for the undertaking under the merger agreement. (Enacted 1996) |