1987 Ed.]

Banking

Section

CHAPTER 155

BANKING ORDINANCE

[CAP. 155

1

ARRANGEMENT OF SECTIONS

Page

PART I

PRELIMINARY

1. Short title and commencement

2. Interpretation

3. Application

PART II

APPOINTMENTS, FUNCTIONS OF COMMISSIONER, REPORTS BY COMMISSIONER AND POWER OF GOVERNOR TO GIVE DIRECTIONS

4. Banking Advisory Committee

5. Deposit-taking Companies Advisory Committee

6. Commissioner of Banking

7. Functions of Commissioner

8. Reports by Commissioner

9. Power of Governor to give directions

10.

PART III

Commissioner may employ assistants...

BANKING BUSINESS AND BUSINESS OF TAKING DEPOSITS TO BE CARRIED ON BY AUTHORIZED INSTITUTIONS ONLY

11. Banking business restricted to licensed banks

12. Restriction on business of taking deposits...

13. Deposit-taking company not to take deposits less than specified sum

14. Power to grant exemptions...

PART IV

LICENSING AND REGISTRATION OF AUTHORIZED INSTITUTIONS AND KEEPING OF REGISTER

15. Application for banking licence

16. Grant or refusal of banking licence

17. Amendment of conditions of banking licence

18. Minimum paid-up share capital for grant of banking licence

19. Banking licence fees

20. Application for registration as deposit-taking company

21. Registration or refusal of registration of deposit-taking company...

22. Amendment of conditions of registration...

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