1989 Ed.]
Securities
[CAP. 333
33
record or other document relating to the business in respect of which he applies to be registered is to be kept, such location not being, in the opinion of the Commission, unsuitable having regard to the purposes of section 30 of that Ordinance; or (Replaced 10 of 1989 s. 65)
(vi) the applicant is under 21 years of age; or (Replaced 10 of
1989 s. 65)
(b) in the case of an applicant that is a corporation, on the grounds
that-
(i) the applicant has not provided the Commission with such information relating to it or any person employed by or associated with it, and to any circumstances likely to affect its method of conducting business as may be prescribed by or under this Ordinance;
(ii) any director of the applicant is detained under the Mental Health Ordinance (Cap. 136) in a mental hospital or is a patient as defined in section 2 of that Ordinance;
(iii) any director of the applicant is an undischarged bankrupt or has committed such an act of bankruptcy as is described in section 3(1) of the Bankruptcy Ordinance (Cap. 6) or has entered into any compromise or scheme of arrangement with his creditors; (Amended 58 of 1985 s. 10)
(iiia) where the application is for registration as a dealer, no director of the applicant is, or is in the opinion of the Commission likely to be, registered as a dealer, or where the application is for registration as an investment adviser, no director of the applicant is, or is in the opinion of the Commission likely to be, registered as an investment adviser; (Added 62 of 1976 s. 15)
(iv) the applicant does not have the financial resources, in respect of the business for which he applies for registration, specified in any rules made under section 28 of the Securities and Futures Commission Ordinance (Cap. 24) which are then in force and which would be applicable to him if his application for registration were granted; or (Replaced 10 of 1989 s. 65)
(v) the applicant has not for the purposes of section 27 of the Securities and Futures Commission Ordinance (Cap. 24) notified the location of business premises at which every record or other document relating to the business in respect of which he applies to be registered is to be kept, such location not being, in the opinion of the Commission, unsuitable having regard to the purposes of section 30 of that Ordinance; or (Replaced 10 of 1989 s. 65)