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that section, the Commission may, by order published in the Gazette, make one or more of the following orders-
(a) an order restraining a specified person from disposing
of any interest in specified securities;
(b) an order restraining a specified person from acquiring
specified securities:
(c) an order restraining the exercise of any voting or other
rights attached to specified securities;
(d) an order directing a person who is registered as the holder of securities in respect of which an order under this section is in force to give notice in writing of that order to any person whom he knows to be entitled to exercise a right to vote attached to those shares; (e) an order directing a company not to make payment, except in the course of a winding up by the Court, of any sum due from the company in respect of specified securities:
() an order directing a company not to register the transfer
or transmission of specified securities;
(g) an order directing a company not to issue shares to a person who holds shares in the company by reason of his bolding those shares nor in pursuance of an offer made to such a person by reason of his holding those shares.
(2) A copy of an order under subsection (1) and of any order by which it is revoked or altered shall be served-
(a) where it relates to specified securities, on the authority or body that issued thera or made them available or, where the securities are rights or options, on the authority or body against whom the right is, or would be enforceable, or which issued or made available the securities to which the option relates; and
(b) where it relates to a corporation, on the corporation.
(3) A person aggrieved by an order under subsection (1) may apply to the Court for revocation of the order and the Court may, if it is satisfied that it is reasonable to do so, revoke the order and any order by which it has been altered or varied.
(4) Any person who contravens an order under subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine of $5,000.
(5) Without prejudice to the powers of the Attorney General in relation to the prosecution of criminal offences, a prosecution under this section shall not be instituted except with the consent in writing of the Commission.
PART XII
PREVENTION OF IMPROPER TRADING PRACTICES
Offences
135. (1) A person shall not intentionally create or cause to False mar
kets and be created, or do anything with the intention of creating-
trading.
(e) a false or misleading appearance of active trading in any
securities on any stock market in Hong Kong; or
(b) a false market in respect of any securities on any such
stock market.
(2) For the purposes of subsection (1)(b), a false market is created in relation to securities when the market price of those securities is raised or depressed or pegged or stabilized by means
of
(a) sales and purchases transacted by persons acting in collaboration with each other for the purpose of securing a market price for those securities that is not justified either by the assets of the corporation which issued the securities or by the profits (including anticipated profits) of the corporation;
(b) any act which has the effect of preventing or inhibiting the free negotiation of market prices for the purchase or sale of the securities; or
(c) the employment of any fictitious transaction or device or
any other form of deception or contrivance.
(3) A person shall not with the intention of depressing. raising, or causing fluctuations in the market price of any securities effect any purchase or sale of any such securities which involves no change in the beneficial ownership of those securities.
(4) A purchase or sale of securities involves no change in beneficial ownership within the meaning of subsection (1) if a person who held an interest in the securities before the purchase or sale, or a person associated with him in relation to those