not have the

financial

resources,

in

respect of the

business for

which it applies

for registra-

tion, specified

in any rules

made under

section 26 of

the Securities

and Futures

Commission

Ordinance 1989

(

of 1989)

which are then

in force and

which would be

applicable to it

if its

application for

registration

were granted; or

(iii) the

applicant has

not for the

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