diff --git a/docs/manifest-format.txt b/docs/manifest-format.txt
index 4b979c7..1aa9396 100644
--- a/docs/manifest-format.txt
+++ b/docs/manifest-format.txt
@@ -31,7 +31,7 @@
 
     <!ELEMENT notice (#PCDATA)>
 
-    <!ELEMENT remote (projecthook?)>
+    <!ELEMENT remote (EMPTY)>
     <!ATTLIST remote name         ID    #REQUIRED>
     <!ATTLIST remote alias        CDATA #IMPLIED>
     <!ATTLIST remote fetch        CDATA #REQUIRED>
@@ -73,10 +73,6 @@
     <!ATTLIST extend-project path CDATA #IMPLIED>
     <!ATTLIST extend-project groups CDATA #IMPLIED>
 
-    <!ELEMENT projecthook (EMPTY)>
-    <!ATTLIST projecthook name CDATA #REQUIRED>
-    <!ATTLIST projecthook revision CDATA #REQUIRED>
-
     <!ELEMENT remove-project (EMPTY)>
     <!ATTLIST remove-project name  CDATA #REQUIRED>
 
@@ -310,15 +306,6 @@
 Attribute `name`: the manifest to include, specified relative to
 the manifest repository's root.
 
-Element projecthook
--------------------
-
-This element is used to define a per-remote hook git that is
-fetched and applied to all projects using the remote. The project-
-hook functionality allows for company/team .git/hooks to be used.
-The hooks in the supplied project and revision are supplemented to
-the current repo stock hooks for each project. Supplemented hooks
-overrule any stock hooks.
 
 Local Manifests
 ===============
diff --git a/manifest_xml.py b/manifest_xml.py
index 9472a08..890c954 100644
--- a/manifest_xml.py
+++ b/manifest_xml.py
@@ -64,9 +64,7 @@
                fetch=None,
                manifestUrl=None,
                review=None,
-               revision=None,
-               projecthookName=None,
-               projecthookRevision=None):
+               revision=None):
     self.name = name
     self.fetchUrl = fetch
     self.manifestUrl = manifestUrl
@@ -74,8 +72,6 @@
     self.reviewUrl = review
     self.revision = revision
     self.resolvedFetchUrl = self._resolveFetchUrl()
-    self.projecthookName = projecthookName
-    self.projecthookRevision = projecthookRevision
 
   def __eq__(self, other):
     return self.__dict__ == other.__dict__
@@ -171,11 +167,6 @@
       e.setAttribute('review', r.reviewUrl)
     if r.revision is not None:
       e.setAttribute('revision', r.revision)
-    if r.projecthookName is not None:
-      ph = doc.createElement('projecthook')
-      ph.setAttribute('name', r.projecthookName)
-      ph.setAttribute('revision', r.projecthookRevision)
-      e.appendChild(ph)
 
   def _ParseGroups(self, groups):
     return [x for x in re.split(r'[,\s]+', groups) if x]
@@ -638,13 +629,7 @@
     if revision == '':
       revision = None
     manifestUrl = self.manifestProject.config.GetString('remote.origin.url')
-    projecthookName = None
-    projecthookRevision = None
-    for n in node.childNodes:
-      if n.nodeName == 'projecthook':
-        projecthookName, projecthookRevision = self._ParseProjectHooks(n)
-        break
-    return _XmlRemote(name, alias, fetch, manifestUrl, review, revision, projecthookName, projecthookRevision)
+    return _XmlRemote(name, alias, fetch, manifestUrl, review, revision)
 
   def _ParseDefault(self, node):
     """
@@ -948,8 +933,3 @@
       diff['added'].append(toProjects[proj])
 
     return diff
-
-  def _ParseProjectHooks(self, node):
-    name = self._reqatt(node, 'name')
-    revision = self._reqatt(node, 'revision')
-    return name, revision
diff --git a/project.py b/project.py
index c6a91d0..028deb5 100644
--- a/project.py
+++ b/project.py
@@ -69,6 +69,27 @@
 def sq(r):
   return "'" + r.replace("'", "'\''") + "'"
 
+_project_hook_list = None
+def _ProjectHooks():
+  """List the hooks present in the 'hooks' directory.
+
+  These hooks are project hooks and are copied to the '.git/hooks' directory
+  of all subprojects.
+
+  This function caches the list of hooks (based on the contents of the
+  'repo/hooks' directory) on the first call.
+
+  Returns:
+    A list of absolute paths to all of the files in the hooks directory.
+  """
+  global _project_hook_list
+  if _project_hook_list is None:
+    d = os.path.realpath(os.path.abspath(os.path.dirname(__file__)))
+    d = os.path.join(d, 'hooks')
+    _project_hook_list = [os.path.join(d, x) for x in os.listdir(d)]
+  return _project_hook_list
+
+
 class DownloadedChange(object):
   _commit_cache = None
 
@@ -2085,7 +2106,7 @@
     if GitCommand(self, cmd).Wait() != 0:
       raise GitError('%s merge %s ' % (self.name, head))
 
-  def _InitGitDir(self, mirror_git=None, MirrorOverride=False):
+  def _InitGitDir(self, mirror_git=None):
     if not os.path.exists(self.gitdir):
 
       # Initialize the bare repository, which contains all of the objects.
@@ -2127,38 +2148,11 @@
       for key in ['user.name', 'user.email']:
         if m.Has(key, include_defaults=False):
           self.config.SetString(key, m.GetString(key))
-      if self.manifest.IsMirror and not MirrorOverride:
+      if self.manifest.IsMirror:
         self.config.SetString('core.bare', 'true')
       else:
         self.config.SetString('core.bare', None)
 
-  def _ProjectHooks(self, remote, repodir):
-    """List the hooks present in the 'hooks' directory.
-
-    These hooks are project hooks and are copied to the '.git/hooks' directory
-    of all subprojects.
-
-    The remote projecthooks supplement/overrule any stockhook making it possible to
-    have a combination of hooks both from the remote projecthook and
-    .repo/hooks directories.
-
-    Returns:
-      A list of absolute paths to all of the files in the hooks directory and
-      projecthooks files, excluding the .git folder.
-    """
-    hooks = {}
-    d = os.path.join(os.path.abspath(os.path.dirname(__file__)), 'hooks')
-    hooks = dict([(x, os.path.join(d, x)) for x in os.listdir(d)])
-    if remote is not None:
-      if remote.projecthookName is not None:
-        d = os.path.abspath('%s/projecthooks/%s/%s' % (repodir, remote.name, remote.projecthookName))
-        if os.path.isdir(d):
-          hooks.update(dict([(x, os.path.join(d, x)) for x in os.listdir(d)]))
-
-    if hooks.has_key('.git'):
-      del hooks['.git']
-    return hooks.values()
-
   def _UpdateHooks(self):
     if os.path.exists(self.gitdir):
       self._InitHooks()
@@ -2167,10 +2161,7 @@
     hooks = os.path.realpath(self._gitdir_path('hooks'))
     if not os.path.exists(hooks):
       os.makedirs(hooks)
-    pr = None
-    if self is not self.manifest.manifestProject:
-      pr = self.manifest.remotes.get(self.remote.name)
-    for stock_hook in self._ProjectHooks(pr, self.manifest.repodir):
+    for stock_hook in _ProjectHooks():
       name = os.path.basename(stock_hook)
 
       if name in ('commit-msg',) and not self.remote.review \
diff --git a/subcmds/init.py b/subcmds/init.py
index c5bf282..b73de71 100644
--- a/subcmds/init.py
+++ b/subcmds/init.py
@@ -32,7 +32,7 @@
 from color import Coloring
 from command import InteractiveCommand, MirrorSafeCommand
 from error import ManifestParseError
-from project import SyncBuffer, MetaProject
+from project import SyncBuffer
 from git_config import GitConfig
 from git_command import git_require, MIN_GIT_VERSION
 
@@ -374,52 +374,6 @@
       print('   rm -r %s/.repo' % self.manifest.topdir)
       print('and try again.')
 
-  def _SyncProjectHooks(self, opt, repodir):
-    """Downloads the defined hooks supplied in the projecthooks element
-
-    """
-    # Always delete projecthooks and re-download for every new init.
-    projecthooksdir = os.path.join(repodir, 'projecthooks')
-    if os.path.exists(projecthooksdir):
-      shutil.rmtree(projecthooksdir)
-    for remotename in self.manifest.remotes:
-      r = self.manifest.remotes.get(remotename)
-      if r.projecthookName is not None and r.projecthookRevision is not None:
-        projecthookurl = r.resolvedFetchUrl.rstrip('/') + '/' + r.projecthookName
-
-        ph = MetaProject(manifest = self.manifest,
-        name = r.projecthookName,
-        gitdir   = os.path.join(projecthooksdir,'%s/%s.git' % (remotename, r.projecthookName)),
-        worktree = os.path.join(projecthooksdir,'%s/%s' % (remotename, r.projecthookName)))
-
-        ph.revisionExpr = r.projecthookRevision
-        is_new = not ph.Exists
-
-        if is_new:
-          if not opt.quiet:
-            print('Get projecthook %s' % \
-              GitConfig.ForUser().UrlInsteadOf(projecthookurl), file=sys.stderr)
-          ph._InitGitDir(MirrorOverride=True)
-
-        phr = ph.GetRemote(remotename)
-        phr.name = 'origin'
-        phr.url = projecthookurl
-        phr.ResetFetch()
-        phr.Save()
-
-        if not ph.Sync_NetworkHalf(quiet=opt.quiet, is_new=is_new, clone_bundle=False):
-          print('fatal: cannot obtain projecthook %s' % phr.url, file=sys.stderr)
-
-          # Better delete the git dir if we created it; otherwise next
-          # time (when user fixes problems) we won't go through the "is_new" logic.
-          if is_new:
-            shutil.rmtree(ph.gitdir)
-          sys.exit(1)
-
-        syncbuf = SyncBuffer(ph.config)
-        ph.Sync_LocalHalf(syncbuf)
-        syncbuf.Finish()
-
   def Execute(self, opt, args):
     git_require(MIN_GIT_VERSION, fail=True)
 
@@ -435,7 +389,6 @@
 
     self._SyncManifest(opt)
     self._LinkManifest(opt.manifest_name)
-    self._SyncProjectHooks(opt, self.manifest.repodir)
 
     if os.isatty(0) and os.isatty(1) and not self.manifest.IsMirror:
       if opt.config_name or self._ShouldConfigureUser():