CAP. 250]
Commodities Trading
[1989 Ed.
3 of 90 licensed deposit-taking company" means a deposit-taking company licensed under the Banking Ordinance (Cap. 155); (Added 61 of 1985 s. 2. Amended 27 of 1986 s. 137)
"management committee" means the Board of Directors of the Exchange Company; (Replaced 61 of 1985 s. 2)
"market committee", in relation to a commodity market, means the body of persons authorized by the Exchange Company to supervise that commodity market; (Amended 61 of 1985 s. 2)
"registered person" means a person who is registered under this Ordinance as a dealer, dealer's representative, commodity trading adviser or commodity trading adviser's representative, as the case may be;
"representative" means a dealer's representative or commodity trading adviser's representative, as the case may be;
"rules of the commodity market" means the rules governing the conduct of the commodity market concerned or persons who trade in commodity futures contracts in the commodity or commodities concerned, by whatever name such rules may be called and wherever contained;
"rules of the Exchange Company" means the rules governing the conduct of the Exchange Company or its shareholders, by whatever name such rules may be called and wherever contained;
"segregated account" means a segregated account kept under section 46;
"shareholder" means any person (whether an individual, corporation or firm) who holds a share of the Exchange Company; (Amended 79 of 1976 s. 2)
"specified commodity" means any item, whether or not capable of being delivered, which is specified in Part I of Schedule 1; (Replaced 61 of 1985 s. 2)
"trading in commodity futures contracts", in relation to any person (whether acting as principal or agent), means making or offering to make an agreement with any other person in Hong Kong, or inducing or attempting to induce any other person in Hong Kong to enter into or offer to enter into a futures contract. (Amended 61 of 1985 s. 2)
(Amended 10 of 1989 s. 65)
(2) For the purposes of this Ordinance, a director or employee of a corporation, or a partner or employee of a firm, shall be deemed to be accredited to the corporation or firm, as the case may be, if he is, in his capacity as such director, partner or employee, duly authorized by the corporation or firm to act for or on behalf of that corporation or firm for the purpose of trading in commodity futures contracts, or as a dealer or commodity trading adviser, as the case may be.
3-12. (Repealed 10 of 1989 s. 65)
PART II