PRINTED AND PUBLISHED BY D. S. P. PEARCE, ACTING GOVERNMENT PRINTER

AT THE GOVERNMENT PRINTING DEPARTMENT, HONG KONG

Clause

C123

BANKING BILL

BANKING BILL 1986

ARRANGEMENT OF CLAUSES

Page

PART I

PRELIMINARY

133

2.

1. Short title and commencement

Interpretation

3.

Application

PART II

:

:

C129

C129

C133

APPOINTMENTS, FUNCTIONS OF COMMISSIONER, REPORTS BY COMMISSIONER AND POWER OF GOVERNOR TO GIVE DIRECTIONS

4.

Banking Advisory Committee

C134

5.

Deposit-taking Companies Advisory Committee

C134

6.

Commissioner of Banking

C134

7.

Functions of Commissioner

C135

8.

Commissioner may employ assistants

C135

9.

Reports by Commissioner

C135

...

10.

Power of Governor to give directions

C135

PART III

BANKING BUSINESS AND BUSINESS OF TAKING DEPOSITS TO BE CARRIED ON BY AUTHORIZED INSTITUTIONS ONLY

11.

Banking business restricted to licensed banks

C136

12.

Restriction on business of taking deposits

C136

13.

Power to grant exemptions...

C137

14.

Deposit-taking company not to take deposits less than specified sum

C137

PART IV

LICENSING AND REGISTRATION OF AUTHORIZED INSTITUTIONS AND KEEPING OF REGISTER

15.

Application for banking licence.

C138

16.

Grant or refusal of banking licence

C138

17.

Amendment of conditions of banking licence

C139

18.

Minimum paid-up share capital for grant of banking licence...

C139

19.

Banking licence fees

C139

***

20.

Application for registration as deposit-taking company.

C139

21.

22.

Registration or refusal of registration of deposit-taking company... Amendment of conditions of registration ...

C140

C141

23.

Registration fees

C141

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