100
CAP. 24]
Securities and Futures Commission
[1989 Ed.
(c) to subscribe for other securities or dispose of a right to subscribe
for other securities;
(d) to charge or pledge the securities to secure the repayment of
money;
(e) to realize the securities for the purpose of repaying money
referred to in paragraph (d); or
(f) to realize the securities in the course of performing a duty imposed by law.
(6) Where the chairman or any other director of the Commission or any person employed in the administration of any of the relevant Ordinances is, in the course of his duties, required to consider any matter relating to-
(a) any securities or futures contract or property investment arrangements in which he has an interest or any securities or futures contract or property investment arrangements of the same class or kind;
(b) any securities or futures contract or property investment arrangements in which a company in which he has an interest has an interest;
(c) a person-
(i) with whom he is or has been employed or associated; (ii) of whom he is or has been a client or, in the case of a bank or deposit-taking company (within the meaning of section 2(1) of the Banking Ordinance (Cap. 155)), a customer; or (iii) who is or was a client or, in the case of a bank or deposit-taking company (within the meaning of section 2(1) of the Banking Ordinance (Cap. 155)), a customer of a person with whom he is or was employed or associated,
he shall forthwith inform the Commission that the matter so relates.
(7) Any person who
(a) contravenes subsection (1) or (3); or
(b) without reasonable excuse, contravenes subsection (4) or fails to
comply with any requirement of subsection (6),
commits an offence.
60. Service of notices
(1) A notice or direction required to be served under any of the relevant Ordinances shall be properly served if
(a) in the case of an individual, it is delivered to him or, where it
cannot conveniently be so delivered, it is-
(i) left at the address at which he ordinarily resides or carries on business or, if such an address is unknown, at his last known address; or
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