I
recognizes
that the CTC is soon
to
be
replaced by a new Securities and Futures Commission (SFC)
which will in future have, inter alia, the function of
supervising the Exchange Company and its Clearing House.
IT WAS RESOLVED THAT :
The Board undertakes to the CTC that it shall:
1.
amend,
withdraw or revoke in such
manner and in accordance with the
wishes of the CTC or its successor
SFC as the said CTC or SFC may from
time to time give to it in writing,
any of the rules of
of the Exchange
Company.
2.
amend,
withdraw OI revoke in such
manner and in accordance with the
wishes of the CTC or its successor
SPC as the said CTC of SFC may from
time to time give to it in writing,
any provisions of the rules of its
subsidiary Clearing House, HKCC,
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