A160

Ord. No. 33/88

Amendment of section 146.

SECURITIES (AMENDMENT)

(3A) In subsection (1) "function" includes a power and a duty."; and

(b) by deleting subsection (7) and substituting the following-

3.

"(7) Any person who contravenes subsection (1) or (3) shall be guilty of an offence and shall be liable-

(a) on conviction on indictment to a fine of $100,000

and to imprisonment for 2 years; or

(b) on summary conviction to a fine of $50,000 and to

imprisonment for 6 months.

(8) Any person who, without lawful authority or rea- sonable excuse, contravenes subsection (4) or (6) shall be guilty of an offence and shall be liable on conviction to a fine of $10,000 and to imprisonment for 6 months.".

Section 146(1)(q) of the principal Ordinance is amended by delet- ing "sections 19 and" and substituting the following-

1988.

"section".

Passed by the Hong Kong Legislative Council this 8th day of June

LAW Kam-sang,

Clerk to the Legislative Council.

This printed impression has been carefully compared by me with the bill, and is found by me to be a true and correctly printed copy of

the said bill.

1

LAW Kam-sang,

Clerk to the Legislative Council.

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