(i)
an authorized financial
institution;
(Cap. 41)
(ii) an insurer who is
authorized within the meaning of
the Insurance Companies Ordinance;
or
(Cap. 333)
(iii) a stockbroker, an exempt
dealer or a registered dealer
within the meaning of the
Securities Ordinance; and
(b)
only by way of security and for
the purposes of a transaction
entered into in the ordinary
course of his business as such a
per son.
Declarations - offence
17M. A person who, in purported
compliance with any obligation to make a
declaration to which he is subject by virtue
of this Ordinance, gives any information
which he knows to be false in a material
particular or recklessly gives information
which is so false commits an offence and is
liable on summary conviction thereof to a
fine of $100,000.".