CONFIDENTIAL **

7

(1A) Where any property specified

in a notice under subsection (1)

includes any debt or obligation due by a

bank or deposit-taking company to the

person to whom the notice is given the

Commissioner may serve on such bank or

deposit-taking company a copy of that

notice, which copy notice shall have the

effect of directing the bank or deposit--

taking company not to pay any money to

the person specified in the copy notice

without the consent of the Commissioner.";

(b) by inserting after subsection (2) the

following

(Cap. 128.)

(2A) Where any property specified

in a notice under subsection (1) is

immovable property, such notice shall be

deemed to be an instrument affecting

immovable property and shall be regis

trable as such in the Land Office under

the Land Registration Ordinance."; and

(c) in subsection (5) by inserting after

"subsection (1)" the following

or a bank or deposit-taking company

which pays any money to a person specified

CONFIDENTIAL ##

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