A288

Other deletions. Schedule.

Ord. No. 54/80

COMMODITIES TRADING (AMENDMENT)

did any of the acts mentioned in subsection (1) on 2 or more occasions within any period of 14 days, he shall, until the contrary is proved, be presumed to have been calling from place to place.

(6) In this section-

"call" includes a visit in person and a communication by

telephone;

"futures contract" includes a contract executed or represented as being for execution on any commodity exchange, to buy or sell a specified commodity or any other com- modity prescribed by the Commission for the purposes of this definition, for delivery, whether immediately or in the future.".

5. The sections of the principal Ordinance specified in the Schedule are amended to the extent and in the manner specified therein.

Section

STOCK EXCHANGES UNIFICATION

Ord. No. 55/80

A289

STOCK EXCHANGES UNIFICATION ORDINANCE 1980

ARRANGEMENT OF SECTIONS

PART I

PRELIMINARY

1.

2.

Short title and commencement

Interpretation

Page

A291

A291

PART II

SCHEDULE

[s. 5.]

THE EXCHANGE COMPANY

Sections 27(4), 28(2), 29(2) and 107(4) are amended by deleting "knowingly" wherever it occurs.

3.

Recognition of company as the Exchange Company

A293

4.

Application of Companies Ordinance to Exchange Company

A294

Passed by the Hong Kong Legislative Council this 6th day of August 1980.

5.

Transitional committee

A294

6.

Functions of the transitional committee

A294

7.

Powers of the transitional committee

A294

LORNA LEUNG,

8.

Appointment of person to replace transitional committee

A295

Clerk to the Legislative Council.

9.

Election of the Committee

A295

10.

Committee to manage the Exchange Company

A296

This printed impression has been carefully compared by me with the bill, and is found by me to be a true and correctly printed copy of the said bill.

11.

Appointment of person to replace Committee

A296

12.

Membership of the Exchange Company ...

A296

13.

Disqualifications from being an individual member

A296

LORNA LEUNG,

14.

Disqualifications from being a corporate member or member firm

A297

Clerk to the Legislative Council.

15.

Financial status required for membership

A297

16.

Deposit

A298

17.

Restriction on right to apply for membership

A298

18.

Restriction on transfer of membership

A299

19.

Invited applications for membership of the Exchange Company

A299

20.

Acceptance or rejection of invited applicants

A300

21.

Commissioner to assist transitional committee

A300

22.

Late and uninvited applications

A300

23.

Appeal to Commission where applicant rejected

A300

24.

Provisions applicable to subscribers to the memorandum

A301

25.

Capital requirements

A301

26.

Approval and registration of deeds of trust etc.

A302

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