96
CAP. 333
Securities
[1989 Ed.
and is liable on conviction to a fine of $5,000 and to imprisonment for 3 months.
(7) An offence specified in subsection (6) shall be deemed to be a contempt of the Tribunal and the Tribunal may deal with any such offence in accordance with the powers referred to in section 141J(1)(d) to deal with contempts committed otherwise than in the presence of the Tribunal and may impose the punishments provided for by the said subsection (6).
(8) It shall be a defence to a prosecution under subsection (6)(d) if the person charged proves that he did not act with intent to defeat the discovery of a dealing in relation to securities within section 141B(1) or to delay or obstruct the carrying out of an inquiry.
141L.
(9) In this section “books” includes banker's books.
No privilege allowed except to legal advisers
(Amended 10 of 1989 s. 65)
(1) Except as provided in subsection (2), a person shall not be excused on account of privilege from complying with any requirement under section 141K or, on appearing before the Tribunal, from answering any question or disclosing any information or particulars or producing any book or document.
(2) Nothing in this Part shall require the disclosure by a solicitor or counsel of any privileged communication, whether oral or written, made to or by him in that capacity, except as regards the name and address of his client.
(3) Nothing in subsection (1) shall be construed as affecting section 4 of the Inland Revenue Ordinance (Cap. 112).
PART XIII
(Part XIIA added 8 of 1978 s. 8)
MISCELLANEOUS PROVISIONS
142. Restriction on use of title “underwriter”, etc.
(1) (Repealed 58 of 1985 s. 25)
(2) A person who is not an underwriter shall not-
(a) take or use the title "underwriter"; or
(b) take or use, or have attached to or exhibited at any place, any title that resembles the title "underwriter" or so closely resembles that title as to be calculated to deceive.
(3) Any person who contravenes subsection (2) shall be guilty of an offence and shall be liable on conviction to a fine of $5,000. (Amended 58 of 1985 s. 25)
(4) (Repealed 58 of 1985 s. 25)