s.6Miscellaneous provisions
6
Section 6Part 0 —

Miscellaneous provisions

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Section 162 of the Companies Law so far as it applies to the Company shall have effect as though the words "whether a company within the meaning of this Law or not" were included in line 5 of Section 162(1) after the words "sold to another company".
Section 84 of the Companies Law so far as it applies to the Company shall have effect as though the words "whether a company within the meaning of this Law or not" were included in line 11 of Section 84 (1) after the words "is to be transferred to another company".
Where pursuant to the provisions of the Companies Law a Special Resolution is required so far as such provisions apply to the Company they shall have effect as though the words "Extraordinary Resolution" were substituted for "Special Resolution" therein and Sections 59 and 60 of the Companies Law so far as they apply to the Company shall have effect as if the words "Extraordinary Resolution" were substituted for "Special Resolution" therein.
In relation to the shares allotted by the Company in consideration for the acquisition of the issued share capital of General Oriental Limited, each certificate validly subsisting, at the close of business on the day immediately preceding that on which such acquisition becomes effective, in respect of a holding of any number of shares of General Oriental Limited shall, from and after the date on which such acquisition becomes effective, have effect for all purposes as if it were a certificate duly issued by the Company for the same number of shares in the Company.
The Company may have, for use for sealing securities issued by the Company and for sealing documents creating or evidencing securities so issued, one or more official seals each of which shall be a facsimile of the common seal of the Company with the addition on its face of the word "securities" and Section 40 of the Companies Law so far as it applies to the Company shall have effect as though the words "or any official seal" were inserted in line 1 thereof after the word "company" and for the purposes of this subsection(5)the expression "securities" means shares, stock, debentures, debenture stock, loan stock, bonds and other securities of every description.
Where a member of the Company whose shares are entered in the register of members of the Cofnpany situated in the Cayman Islands dies and is not domiciled in the Cayman Islands the provisions ofSection 23 of the Succession Law, 1975 of the Cayman Islands as amended shall not apply with respect to such shares and the Company may accept and rely on any probate or letters of administration granted by a court of probate to the same extent as if the same had been granted by the Grand Court of the Cayman Islands and Section 36 of the Companies Law so far as it applies to the Company shall have effect as though the term "personal representative" included any person to whom such grant as aforesaid was made and for the purposes of this subsection:-
a duplicate of any probate or letters of administration sealed with the seal of the court granting the same, or a copy thereof certified as correct by or under the authority of the court granting the same, shall have the same effect as the original; and
"court of probate" means any court or authority, by whatever name designated, having jurisdiction in mattersofprobate.
The Company shall be an exempted company for the purposes of the Tax Concessions Law (Revised).

Defined Terms

securitiescourt of probate

Cross References