Safeguarding National Security Ordinance
Part 9—Division 4
Ord. No. 6 of 2024
Section 125
A751
Division 4—Amendments to Companies (Winding Up and Miscellaneous Provisions) Ordinance (Cap. 32)
125. Section 181 amended (power to stay or restrain proceedings against company)
(1) Section 181—
- Renumber the section as section 181(1).
(2) After section 181(1)—
- Add
- “(2) However, if the action or proceeding relates to a case concerning national security (within the meaning of section 3(2) of the Safeguarding National Security Ordinance (6 of 2024)), the reference to “and before a winding-up order has been made” in subsection (1) is to be disregarded in applying that subsection.”.
126. Section 186 amended (actions stayed on winding-up order)
(1) Section 186—
- Renumber the section as section 186(1).
(2) After section 186(1)—
- Add
- “(2) If any action or proceeding relates to a case concerning national security (within the meaning of section 3(2) of the Safeguarding National Security Ordinance (6 of 2024)), subsection (1) does not prevent the action or proceeding from being proceeded with or commenced against the company.”.
