The ELA is proud to welcome our newest member firms: Potter, Anderson & Corroon in Delaware and Morais Leitão in Portugal! 
The ELA is proud to welcome our newest member firms: Potter, Anderson & Corroon in Delaware and Morais Leitão in Portugal! 

News & Events

Gearing up for the New Companies Ordinance

Submitted by Firm:
Deacons
Firm Contacts:
Cynthia Chung
Article Type:
Legal Update
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Gearing up for the New Companies Ordinance 为新的《公司条例》整装待发

 

The Government recently announced that the new Companies Ordinance ("New Companies Ordinance") will take effect on 3 March 2014. This alert is to give you a heads-up on the implications of this new law, particularly in relation to your Memorandum and Articles of Association and how Deacons can help you and your organisation get prepared for it.政府最近宣布新《公司条例》(「新公司条例」)将于2014年3月3日生效。本快讯旨在向贵司提示该项新法下,特别是关于组织章程大纲及组织章程细则方面,应留意之地方。的近律师行将能协助阁下及贵司的机构为此做好准备。

This legal alert is of particular importance to in-house lawyers, company secretaries, company directors and others involved in company secretarial affairs.本快讯对公司内部法律顾问﹑公司秘书﹑公司董事及其他需要处理公司秘书事务的人士尤其重要。

From 3 March 2014, all existing provisions of the Companies Ordinance (Cap. 32) ("Existing Companies Ordinance"), except for those relating to winding-up and insolvency of companies and prospectuses, will be repealed. The Existing Companies Ordinance will be renamed as the Companies (Winding Up and Miscellaneous Provisions) Ordinance. The prospectus regime, with possible reforms, is intended to be incorporated in the Securities and Futures Ordinance. All the other provisions relating to Hong Kong companies will be contained in the New Companies Ordinance.自2014年3月3日起,《公司条例》(第32章)(「现有公司条例」)中除有关公司清盘及无力偿债以及招股章程的条文外,所有其他现有条文将被废除。 现有公司条例将被重新命名为《公司(清盘及杂项条文)条例》。 有关招股章程制度,待经过若干修订后,拟被纳入《证券及期货条例》中。 有关香港公司的其他所有条文将载于新公司条例中。

The New Companies Ordinance will be one of the largest pieces of legislation in Hong Kong, containing 21 parts, 921 sections and 11 schedules.新《公司条例》将成为香港最长篇幅的法例之一,其包含21部﹑921条及11个附表。

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