46
CAP. 24]
Securities and Futures Commission
[1989 Ed.
(9) In this section, "data equipment" means any equipment which
(a) automatically processes information;
(b) automatically records or stores information;
(c) can be used to cause information to be automatically recorded, stored or otherwise processed on other equipment (wherever situated);
(d) can be used to retrieve information, whether the information is recorded or stored in the equipment itself or in other equipment (wherever situated).
(10) (a) This section applies to any person who is a registered person and who is also-
(i) a dealer but who is not a dealing director; or
(ii) a dealing partnership, investment adviser, investment advisers' partnership or commodity trading adviser.
(b) In this subsection-
"commodity trading adviser" has the meaning assigned to it by section 2(1) of the Commodities Trading Ordinance (Cap.250);
"dealer" means any person who is a dealer within the meaning of section 2(1) of the Commodities Trading Ordinance (Cap.250) or section 2(1) of the Securities Ordinance (Cap.333) but who, in either case, is not a director or employee accredited to, or a partner in, a corporation or firm which is itself a dealer;
"dealing director", "dealing partnership", "investment adviser" and "investment advisers' partnership" have the meanings assigned to them, respectively, by section 2(1) of the Securities Ordinance (Cap.333).
28. Financial resources rules
(1) The Commission may, after consultation with the Financial Secretary, make rules requiring registered persons to have and maintain, in respect of the businesses as regards which they are registered, such financial resources as are required by the rules.
(2) Financial resources rules may-
(a) impose requirements which are absolute or which are to vary from time to time by reference to factors which either are specified in, or are to be determined in accordance with, the rules;