certain 14. It shall be lawful for Her Majesty the Queen in Council to make Jurisdiction any law that may seem meet for the government of Her Majesty's over ships in subjects being in any vessel at a distance of not more than one hundred Eastern miles from the coast of China or of Japan, as fully and effectually as any such law might be made by Her Majesty in Council for the government of Her Majesty's subjects being in China or in Japan. seas. 15. Where any Order in Council made in pursuance of this Act Provision as extends to persons enjoying Her Majesty's protection, that expression shall include all subjects of the several princes and states in India. 16. In this Act The expression "foreign country" means any country or place out The expression "British court in a foreign country" means any The expression "jurisdiction" includes power. to subjects of Indian princes. Definitions. 17. The Acts mentioned in the Second Schedule to this Act may be Power to revoked or varied by Her Majesty by Order in Council. 18. (1.) Any Order in Council, commission, or instructions made or (2) Any enactment, Order in Council, or document referring to 19. This Act may be cited as the Foreign Jurisdiction Act, 1890. repeal or vary Acts in Second Schedule. [Saving of Orders in Council, &c.] Short title. Session and Chapter. SCHEDULES. Title. Enactments which 12 & 13 Vict. c. 96... An Act to provide for the Prosecution and Trial The whole Act. 17 & 13 Vict. c. 104 19 & 20 Vict. c. 113 22 Vict. c. 20 The Merchant Shipping Act, 1854 Sections seven and eleven An Act to provide for taking evidence in Suits The whole Act. Her Majesty's Dominions, in places out of the 22 & 3 Vict. c. 63... An Act to afford Facilities for the more certain The whole Act. Ascertainment of the Law administered in [Section 5.] Section 17. Foreign Jurisdiction. 53 & 54 VICT. C. 37, 1890. FIRST SCHFDULE-continued. Session and Chapter. Title. Enactments which may be extended by Order in Council, 23 & 24 Vict. c. 122 An Act to enable the Legislatures of Her The whole Act 24 & 25 Vict. c. 11 .. | An Act to afford facilities for the better ascer- The whole Act. Section eleven. one. The whole Act. SECOND SCHEDULE. Acts which may be revoked or varied by Order in Council. Session and Chapter. Title. Extent of Repeal. 24 & 25 Vict. c. 31... An Act for the prevention and punishment of The whole Act. offences committed by Her Majesty's subjects within certain territories adjacent to the 26 & 27 Vict. c. 35... An Act for the prevention and punishment of The whole Act. JURISDICTION, COLONIAL COURTS. JURISDICTION, TERRITORIAL WATERS. LANDS, AUSTRALIAN WASTE. See CONSTITUTION. LAW ASCERTAINMENT. See EVIDENCE. LAWS, VALIDITY OF COLONIAL. LEAVE OF ABSENCE TO COLONIAL OFFICERS. LETTERS PATENT. See CONSTITUTION. LIABILITY OF SHIPOWNERS. See SHIPPING. c. 59. An Act to amend the Law with respect to the Transfer of 40 & 41 Vict. Stock forming part of the Public Debt of any Colony, and the Stamp Duty on such Transfer.† BE [14TH AUGUST, 1877.] E it enacted by the Queen's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows: Application of Act. THE COLONIAL STOCK ACT, 1877. with Commis Inland colonial stock 1. Where provision has been made by the legislature of a colony and Registration otherwise for the inscription and transfer in a register kept in the United to com Kingdom by some bank, colonial officer, or person (which bank, officer, sioners of or persons is in this Act referred to as the registrar) of any stock forming Revenue of the whole or part of the public debt of such colony, and the government to which this of such colony cause a declaration under the seal of such colony, or by Act applies. some person in that behalf authorised under that seal, stating such provision, and identifying the stock with respect to which it has been made, to be left with the Commissioners of Inland Revenue, those Commissioners, upon payment of the proper fee, shall record the same; and such record and declaration shall be open to inspection at all reasonable times, in manner directed by the said Commissioners, upon payment of the proper fee. Upon such declaration being recorded, this Act shall apply to the stock specified in the declaration, and this Act shall not apply to any colonial stock not specified in a declaration recorded as provided by this section. The proper fee for the purposes of this section shall be such fee not exceeding, in the case of recording a declaration, five pounds, and in the case of inspection five shillings, as the Treasury from time to time fix, and shall be paid into the Exchequer. 2.1 3.1 Stamp Duty on Colonial Stock to which this Act applies. The registrar shall from time to time give to the Commissioners of [Registrar Inland Revenue such information as they may require respecting the to give stock of any colony inscribed in the register kept by him. For provisions relating to stamp duty payable in respect of Colonial Stock, see the Stamp Act, 1891 (54 & 55 Viet. c. 39), ss. 82 to 85, 114, and 122 (1), and the Finance Act, 1899 (62 & 63 Vict. c. 9), ss. 4 and 14. These enactments are not printed in this edition. iPrinted as amended by the Statute Law Revision Act, 1894. Section 2 and first paragraph of section 3 repealed by the Stamp Act, 1891 (54 & 55 Vict. c. 39), s. 123; that section itself repealed by the Statute Law Revision Act, 1908. information to Commissioners.] Transfer of colonial stock Act applies. Transfers and Dividends. 4. Colonial stock to which this Act applies, while inscribed in a to which this register kept in the United Kingdom, shall be transferred as follows: (1.) The transfer shall be made only in the register, and shall be signed by the transferor,—or, if he is absent, by his attorney thereunto lawfully authorised by some writing executed under his hand and seal and attested: Closing of register for dividend. Dividends in case of infancy, &c. of a joint stockholder. 5 & 6 Will.4. c. 62. Stock certificate to bearer. (2.) The transferee may, if he thinks fit, underwrite his acceptance of the transfer: (3.) The executors or administrators of a deceased stockholder (4.) The person becoming entitled to any stock 5. The registrar may, for such period not exceeding fourteen days as he may from time to time fix previous to each payment of dividend on any colonial stock to which this Act applies, close the register of that stock as regards transfers, upon giving not less than seven days' notice of such closing by advertisement in some newspaper circulating generally in the place where the register is kept. The persons who on the day of such closing are inscribed as stockholders shall as between them and their transferees of colonial stock be entitled to the dividend then next payable thereon. 6. Where colonial stock to which this Act applies is standing in the name of an infant or person of unsound mind jointly with any person not under legal disability, a letter of attorney for the receipt of the dividends on the stock shall be sufficient authority in that behalf, if given under the hand and seal of the person not under disability, and attested. The registrar, before acting on the letter of attorney, may require proof to his satisfaction of the alleged infancy or unsoundness of mind, by the declaration of competent persons made under the Statutory Declarations Act, 1835,* or in such other manner as he may reasonably require. Stock Certificates to Bearer. 7. The registrar, if so authorised by the government of a colony issuing stock to which this Act applies, shall on application and payment of the fees and stamp duty, if any, chargeable in respect of the certificate, grant to a stockholder a certificate (in this Act called a stock certificate to bearer) which shall entitle the bearer to the stock therein described, and shall be transferable by delivery. There shall be attached to such certificate coupons entitling the bearer of or person named in the coupons to the dividends on the stock for a limited period. *Not printed in this edition. Any stock in respect of which a stock certificate to bearer has been so issued shall, so long as such certificate is outstanding, cease to be dealt with through the medium of the register. A coupon so issued shall be deemed to be a cheque on a banker within the meaning of any law or enactment for the time being in force relating to cheques other than any enactment relating to stamp duties. on stock 8. Where a composition has not been paid in respect of the stamp Stamp duty duty chargeable on the transfer of any stock to which this Act applies, a certificate stock certificate to bearer issued in respect of that stock shall be charged to bearer. with a stamp duty of two shillings and sixpence for every full sum of one hundred pounds, and also for every fraction less than one hundred pounds, or over and above one hundred pounds or a multiple of one hundred pounds, of the nominal amount of stock described in such certificate. coupons or certificate. 9. On the expiration of the period for which the coupons attached to a Renewal of stock certificate to bearer have been issued under this Act, the certificate may be exchanged for another certificate with coupons for a further period: Provided, that the certificate issued in exchange, if the stamp duty has not been compounded, shall be duly stamped, but in such case the Commissioners of Inland Revenue shall, on production to them of both certificates duly stamped, and subject to such regulations as they may from time to time make, grant allowance for the stamp on the former certificate. into nominal 10. On delivery to the registrar of a stock certificate to bearer issued Conversion under this Act and of all unpaid coupons belonging thereto, the registrar stock of shall enter the bearer in the register as proprietor of the stock described stock in in the certificate, and thereupon that stock shall become transferable and bearer. the dividends thereon payable as if no stock certificate to bearer had been issued in respect of that stock. certificate to of stock nominal 11. If the bearer of a stock certificate to bearer issued under this Conversion Act insert therein the name, address, and quality of some person, such certificate certificate shall cease to be transferable, and the person so named, or to bearer into some person deriving title from him by devolution in law, shall alone be certificate. recognised by the registrar as entitled to the stock described in the certificate, and shall be entitled to be entered in the register as proprietor of that stock in like manner as if he were the bearer of a stock certificate to bearer, but if deriving his title by devolution in law he shall produce such evidence of his title as the registrar may reasonably require. 12.* to bearer. 13. If any stock certificate to bearer issued under this Act is lost, Loss of stock mislaid, or destroyed, the registrar shall, on such indemnity being given certificate as he may reasonably require, and on payment of the expense of the issue, issue a fresh stock certificate to bearer in the place of the certificate so lost, mislaid, or destroyed. certificate to 14. Stock described in a stock certificate to bearer issued under this Stock in Act shall, save as relates to the mode of transfer and payment of dividends, be subject to the same incidents in all respects as if it had continued to be transferable in the register. * Section 12 (trustees not to apply for stock certificate to bearer) repealed by the Trustee Act, 1893 (56 & 57 Vict. c. 53), s. 51, not printed in this edition. bearer to have incidents of other stock, except as to transfer, &c. |