Clerk to the Legislative Council.
HONG KONG
No. 59 of 1976
I assent.
M, M. Lla
Governar.
3th August, 1976.
An Ordinance to provide for the establishment of a commodity exchange,
to control the trading in commodity futures contracts and to provide for matters connected therewith and incidental thereto.
[
PART I
PRELIMINARY"
1. This Ordinance may be cited as the Commodities Trading Start ustle and Ordinance 1976 and shall come into operation on a day to be appointed commencement. by the Governor by notice in the Gazette, and notices under this section may appoint different dates for different provisions of this Ordinance.
2. (1) In this Ordinance, unless the context otherwise requires- "auditor" means a professional accountant registered and holding a
practising certificate under the Professional Accountants Ordinance; "Clearing House" means the Clearing House established by the Exchange Company for the registration and settlement of futures contracts and the day-to-day adjustment of the financial position of such contracts; "Commission" means the Commodities Trading Commission established
under section 31X
"Commissioner" means the Commissioner for Commodities Trading
appointed under section 3(2),
"commodity" means any commodity, including a specified commodity;
Interperso
(Cap. 50.)