Page:Mass Transit Railway Ordinance (Cap. 556).pdf/44

MASS TRANSIT RAILWAY ORDINANCE

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Capital Investment Fund 1. Paragraph amended

Paragraph 3 of the Capital Investment Fund (Cap. 2 sub. leg.) is amended—
 * (a) by repealing subparagraph (a) and substituting—
 * “(a) the shares in the MTR Corporation Limited issued to the Financial Secretary Incorporated and held by the Financial Secretary Incorporated on behalf of the Government;”;
 * (b) in subparagraph (f), by repealing “Mass Transit Railway Corporation Ordinance (Cap. 270)” and substituting “Mass Transit Railway Ordinance (13 of 2000)”.

Factories and Industrial Undertakings (Electricity) Regulations 2. Application

Regulation 3(2)(e) of the Factories and Industrial Undertakings (Electricity) Regulations (Cap. 59 sub. leg.) is amended by repealing “Mass Transit Railway Corporation Ordinance (Cap. 270)” and substituting “Mass Transit Railway Ordinance (13 of 2000)”. Inland Revenue (Qualifying Debt Instruments) Order 3. Sections amended

Sections 1 and 2 of the Inland Revenue (Qualifying Debi Instruments) Order (Cap. 112 sub. leg.) are amended by repealing “wholly-owned” and substituting “wholly- or partly-owned”.

4. Schedule amended

The Schedule is amended, in item 1, by repealing “Mass Transit Railway Corporation” and substituting “MTR Corporation Limited, for as long as the Government beneficially owns more than half in nominal value of the issued share capital of the company for the time being”.