C126

Clause

BANKING BILL

Page

Clause

BANKING BILL

C127

Page

PART XIV

PART XVII

CAPITAL TO RISK ASSETS RATIO OF AUTHORIZED INSTITUTIONS

SHARE CAPITAL, RESERVE AND DIVIDEND

OF AUTHORIZED INSTITUTIONS

102.

Capital to risk assets ratio

C180

103.

75.

Maintenance of reserve

C164

Failure to keep to capital to risk assets ratio

C180

104.

Remedial action

C180

76.

Maintenance of adquate provision for bad and doubtful debts

C165

105.

77.

Minimum paid-up share capital of licensed banks

C165

Commissioner may increase capital to risk assets ratio for particular

authorized institutions

C181

78.

Restriction on payment of dividends...

C165

PART XVIII

PART XV

LIQUIDITY RATIO OF AUTHORIZED INSTITUTIONS

AND MATTERS AFFECTING LIQUIDITY RATIO

LIMITATIONS ON LOANS BY AND INTERESTS OF AUTHORIZED INSTITUTIONS

106.

Liquidity ratio

C181

107.

Failure to keep to liquidity ratio

C181

79.

Interpretation

C165

108.

Remedial action

C182

80.

Advance against security of own shares, etc.

C166

109.

81.

Limitation on advances by authorized institutions

C166

110.

Commissioner may vary liquidity ratio for particular authorized institutions Authorized institutions not to create certain charges and to notify Com-

missioner of certain civil proceedings

C182

C182

82.

Commissioner may issue certain directions

C169

83.

Limitation on advances to directors, etc. of bank

C170

PART XIX

84.

Limitation on advances to directors, etc. of deposit-taking companies...

C171

UNINCORPORATED BANKS

85.

Limitation on advances to employees

C173

111.

Grant of banking licence to unincorporated banks...

C183

86.

Authorized institution not to engage in trade, etc.

C173

112.

Application for banking licence under section 111

C183

87.

Limitation on shareholding by bank

C174

113.

Banking licence fee for unincorporated bank

C183

88.

Limitation on shareholding by deposit-taking company.

C174

114.

Auditor

C183

89.

Limitation on holding of interest in land by bank

C174

115.

116.

90.

Limitation on holding of interest in land by deposit-taking company

C175

General application of Ordinance to unincorporated banks and members Application of sections of Ordinance to unincorporated banks

C184

C184

117.

Prohibition on use of word "bank"

C184

91.

Limitation on shareholding and holding of interest in land in the case of a

registered deposit-taking company...

C176

118.

Prohibition on total of deposits...

C185

92.

Limitation on aggregate holdings under sections 83, 87 and 89

119.

C176

Death of member of unincorporated bank

C185

120.

93.

Bank deductions for purposes of sections 81, 83, 87, 89 and 92

C176

Bankruptcy of unincorporated banks

C185

94.

Deposit-taking company deductions for the purposes of sections 81, 84, 88,

90 and 91

PART XX

C176

INVESTIGATIONS OF AUTHORIZED INSTITUTIONS

95.

Proof of compliance with sections 81, 82, 83, 84, 87, 88, 89, 90, 91 and 92

C176

121.

Investigations on behalf of the Financial Secretary .

C186

PART XVI

122.

Powers of the inspector and offences in connexion with the investigation

C187

ADVERTISEMENTS, REPRESENTATIONS AND USE OF Title “Bank”

PART XXI

96.

97.

Offence to issue advertisements and documents relating to deposits Fraudulent inducement to deposit money.

C177

MISCELLANEOUS

C177

123.

...

Governor in Council to decide whether or not banking business or business of

taking deposits is being conducted...

C188

98.

99.

Liability in tort for inducing persons to deposit money in certain cases False, etc. advertisements by authorized institution...

C178

124.

Official secrecy

C188

...

C179

125.

100.

Certain representations prohibited

C179

126.

Disclosure of information relating to authorized institutions... Winding-up of authorized institutions

C190

C190

101.

Restrictions on use of title "bank"

C179

127.

Offences by directors, managers, trustees, employees and agents

C191

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