(Cap. 32)
(7) This section applies to a company
which is either a licensee or a company
which, by virtue of section 2 of the
Companies Ordinance, for the purposes of
that Ordinance, is deemed to be a subsidiary
of a licensee.".
Licensee to
21.
submit
audited
accounts
(a)
(b)
(Cap. 32)
Section 43 is amended
by being renumbered as subsection (1) thereof;
and
by adding after subsection (1) -
"(2)
Where a company is deemed under
section 2 of the Companies Ordinance to be,
for the purposes of that Ordinance, a
subsidiary of a licensee, the licensee
shall, not later than 6 months after the end
of an accounting year of the company,
submit, or cause to be submitted, to the
Financial Secretary a copy of the company's
audited accounts for that year.".
Investigation of licensees'
business
22. Section 45 is amended