Stockholder to maintain stock.
Return of stocks.
Appoint ment of Authorized officers.
Inspection
of stocks.
Disposal of stocka.
(2) If the Director shall give to a stockholder notice of cancellation of his Certificate of Registration as a stockholder of a reserved commodity such stockholder shall dispose of his stocks of such reserved commodity in accordance with the directions of the Director before the expiry of such notice.
11. (1) A stockholder shall at all times during the con- tinuance of his Certificate of Registration maintain as stock not less than the amount of the reserved commodity as is so stipulated in bis certificate, or such lesser amount as the Director may from time to time authorize in writing.
(2) Such stock shall be maintained in such reserved com- modity godown or other godown or store as the Director may from time to time in writing direct.
(3) Such stock shall be maintained in good condition to the satisfaction of the Director.
12. Each stockholder shall make such returns of stock of reserved commodities as the Director may from time to time in writing require.
13. The Director may from time to time appoint in writing persons to be authorized officers for the purposes of these regulations.
14. Each stockholder shall permit the Director or any authorized officer to inspect at any time his stocks of reserved commodities and all documents relating thereto.
15. (1) The Director may by notice in writing to a stock- holder order that the stock of a reserved commodity held by such stockholder or any part thereof shall be-
(a) removed from any reserved commodity godown or other
godown or store; or
(b) replaced by other stocks of such reserved commodity; or (c) otherwise dealt with as the Director in bis absolute
discretion may direct,
(2) A stockholder who receives an order from the Director under this regulation shall forthwith carry out such order at the sole expense of such stockholder.
18. (1) The Director shall maintain a register of stockholders Register of in respect of each reserved commodity.
Block- holders.
(2) Such registers shall be available for inspection by any person at the offices of the Director during office hours on payment of a fee of one dollar.
17. Any person who contravenes the provisions of regulation Penalty. 3. 4.-6, 10(2), 11, 12, 14 or 15(2) shall be liable to a fine of fifty thousand dollars and imprisonment for twelve months.
menta.
18. In any proceedings under these regulations the production Production by the Director or by an authorized officer of a copy of any docu- of docu ment mentioned in these regulations shall be prima facie evidence of the contents of the original of such document.
In Council.
19. (1) Any person who is dissatisfied with any decision of Appeal to the Director made or which purports to have been made under Governor these regulations may appeal therefrom by way of petition to the Governor in Council.
(2) On consideration of any such petition, the Governor in Council may confirm, revoke or modify the decision appealed against, and the decision of the Governor in Council shall be final.
Item
FIRST SCHEDULE
Reserved Commodities.
[reg. 2.1
1. Rice, including white and glulinous rice (whole, partially broken and 100% broken), granulated rice, cargo rice, rice padi and loonzain, rice flour, rice bran, rice dust, animal feed containing rice, and manufactured rice products.
2. Coal, including anthracite and manufactured coal producte,
SECOND SCHEDULE
Reserved Commudity Godowns,
1.
For storage of rice.
[reg. 2.]
(a) Godowns of the Hong Kong & Kowloon Wharf & Godown Co., Ltd. (b) Godown of the China Iruvident Loan & Mortgage Co. Ltd.
2. For storage of coal.
Storage Yards of the Hong Kong Government.
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