HC Deb 06 August 1907 vol 179 cc1826-7
MR. J. M. ROBERTSON

I beg to ask the Secretary of State for Foreign Affairs whether his attention has been called to the fact that under Article 258 of the Japanese Commercial Code, which enacts that a foreign company which sets up a principal office in Japan, or which makes it its principal object to do business in Japan, must, even though it is formed in a foreign country, comply with the same provisions as though it were formed in Japan, a British company, whose head office is at Hong Hong, has lately been fined at Tokio for non-compliance with the Japanese company law; and whether, in view of recent financial scandals in Egypt, he will recommend the Egyptian Government to adopt the above-cited provision of the Japanese law.

SIR EDWARD GREY

As, under the existing system of capitulations, the assent of fifteen Powers is necessary before legislation applicable to a foreign company could be enacted in Egypt, it would be impracticable to make the proposed recommendation.