1989 Ed.]
Stock Exchanges Unification
[CAP. 361
11
:
the purposes of section 65B of the Securities Ordinance (Cap. 333) and financial resources rules and the places at which such records are to be maintained;
(iv) provide for the inspection of records by any duly authorized officer of the Exchange Company; and (Added 59 of 1985 s. 11. Amended 10 of 1989 s. 65)
(c) in respect of such other matters as are necessary or desirable for the proper and efficient operation and management of the Unified Exchange. (Amended 59 of 1985 s. 11)
(2) The Commission may in writing direct the Exchange Company to make or amend any rules referred to in subsection (1), if, after requesting the Exchange Company to make or amend such rules, the Commission is satisfied that such request has not been complied with.
35. Commission to approve proposed rules and amendments to constitution, etc.
(1) No-
(a) rules under section 34, or any amendment thereto; or
(b) amendment to the constitution of the Exchange Company,
shall have effect unless approved in writing by the Commission.
(2) Where it is proposed to make-
(a) any rules under section 34, or any amendment thereto; or
(b) any amendment to the constitution of the Exchange Company,
the Committee shall forward written notice thereof, together with a copy of such proposed rules or amendment, as the case may be, to the Commission for its approval.
(3) The Commission may, within 6 weeks after receipt of a notice under subsection (2), give notice to the Committee that it disallows the whole or any specified part of any such rules or of any amendment thereto, or of any amendment to the constitution; otherwise it shall, in writing, notify the Committee of its approval. (Amended L.N. 259 of 1980)
35A.
36. Withdrawal of recognition of the Exchange Company
(1) Subject to subsection (2), the Commission may, by notice in the Gazette, withdraw its recognition given under section 3 if the Exchange Company-
(a) ceases to comply with any requirement specified in subsection (3) of that section;
(b) fails or ceases to comply with section 15, 28(2), or 29(1) or (2);
(c) fails to comply with a direction under section 34(2) or 44(3);