A 144

Ord. No. 27/86

BANKING

BANKING

Ord. No. 27/86

A145

Section

Page

Section

Page

24.

Application for deposit-taking licence

A160

PART IX

25.

Grant or refusal of deposit-taking licence...

A160

26.

Deposit-taking licence fees ...

A161

49.

27.

Register of authorized institutions, etc.

A161

OVERSEAS BRANCHES, OVERSEAS REPRESENTATIVE OFFICES AND FEES Control of establishment, etc. of overseas branches and overseas representa-

tive offices ...

A169

28.

Publication of names entered in or removed from register and suspensions...

A162

50.

51.

Conditions regarding overseas branches and overseas representative offices Fees in respect of overseas branches and overseas representative offices

A170

A171

PART V

PART X

REVOCATION OF LICENCE or RegistrATION

OF AUTHORIZED INSTITUTION

POWERS OF CONTROL OVER AUTHORIZED INSTITUTIONS

29.

Revocation of banking licence

A162

52.

Powers of Commissioner

A172

---

30.

Procedure on and effect of revocation of banking licence

A163

53.

Powers of Governor in Council

A173

54.

31.

Revocation of registration

A163

55.

32.

Revocation of deposit-taking licence...

A164

Remuneration and expenses of Commissioner and others in certain cases Examination and investigation of authorized institutions, etc.

A173

A174

56.

33.

Procedure on and effect of revocation of registration or deposit-taking

licence

Production of authorized institution's books, etc.

A174

A164

57.

Control of authorized institution by the Commissioner

A175

58.

PART VI

SUSPENSION OF Deposit-TAKING COMPANY

Authorized institution under control of Commissioner to co-operate with

Commissioner

A175

PART XI

34.

Interpretation

A165

AUDITS AND MEETINGS

35.

Temporary suspension of registration or deposit-taking licence in an

emergency

59.

Audit

A176

A165

60.

Publication of audited balance sheet, etc. ...

A 176

36.

Suspension of registration or deposit-taking licence for a period up to

61.

months

A 165

Meetings

A177

62.

1224

37.

Opportunity of being heard

A 166

Commissioner may make complaint where there is misconduct, etc. by auditor

A 177

38.

Effect of suspension

A 166

:

PART XII

DISCLOSURE OF INFORMATION BY AUTHORIZED INSTITUTIONS

PART VII

63.

Returns and information to be submitted to the Commissioner

A178

TRANSFER Of Licence or RegistratION

64.

OF AUTHORIZED INSTITUTIONS

Information on shareholding, etc.

A179

65.

Alteration in constitution

A180

39.

Interpretation

A166

66.

Authorized institution to notify Commissioner when it ceases to take deposits

A 180

40.

Transfer of licence or registration

A166

67.

Duty to report inability to meet obligations

A180

41.

Application for transfer

A 166

68.

Examination by authorities outside Hong Kong

A180

42.

Certificate of transfer, etc.

A167

43.

Liabilities and priviliges of transferer and transferee

A167

PART XIII

OWNERSHIP AND MANAGEMENT OF AUTHORIZED INSTITUTIONS

PART VIII

69.

Amalgamation requires Financial Secretary's approval

A180

LOCAL BRANCHes, Local Representative Offices and FeES

70.

Commissioner's approval required for exercise of certain acquired voting

power...

A181

44.

Control of establishment, etc. of local branches

A167

71.

Director and secretaries require Commissioner's approval

A181

45.

Fees in respect of local branches

A 168

72.

46.

Control of establishment, etc. of local representative offices

A 168

73.

47.

48.

Supply of information and examination of local representative offices ... Fees in respect of local representative offices

A168

Controllers of authorized institutions require Commissioner's approval Certain persons prohibited from acting as employees of authorized institu-

tions except with consent of Commissioner

A182

A183

A169

74.

Appointment of chief executive ...

A183

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