1974-HKRS28-16-22_Part02 — Page 28

Regulations.

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(5) fails to produce any document that the Commissioner or a person authorized by the Commissioner has, pursuant to any provision of this Ordinance, required that person to produce for inspection by the Commis- sioner or the person so authorized.

shall be guilty of an offence and shall be liable on conviction to a fine of $5,000 and to imprisonment for 3 months.

146. (1) The Governor in Council may, after consultation with the Commission, make regulations for all or any of the following matters-

(a) the conduct of business by registered dealers, registered investment advisers, registered dealers' representatives. and registered investment representatives;

(5) matters incidental to the registration of dealers, invest- ment advisers, dealers' representatives, and investment representatives under this Ordinance;

(c) the class of persons in relation to whom, and the manner and circumstances in which, registered dealers and registered dealers' representatives may deal in securities;

(d) the class of persons in relation to whom, and the manner and circumstances in which, registered invest- ment advisers and registered investment representatives may carry on business as investment advisers or as investment representatives, as the case may be;

(e) prescribing the amount of deposit required to be made for the purposes of section 52, and providing for the application of deposits under subsections (3) and (4) of that section:

(f) requiring dealers and registered investment advisers to exhibit their certificates of registration at their places of business;

(g) prescribing the information to be notified for the

purposes of section 63(1)(6);

(h) prescribing the particulars to be recorded in relation to registered dealers, registered investment advisers, regis- tered dealers' representatives, and registered investment representatives, under section 64;

(7) empowering the Commissioner to correct any errors in

any register kept under this Ordinance;

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() empowering the Commissioner, on payment of the pre- scribed fee (if any), to issue duplicate certificates of registration in the event of loss or destruction of the original certificate or of any duplicate certificate; (k) prescribing the manner, time, or circumstances for retain- ing copies of circulars for the purposes of section 79(5); (h) prescribing the particulars to be recorded in relation to

accounts kept under section 84;

(m) prescribing the information to be contained in auditor's

reports required to be lodged under section 88;

(4) providing for the remuneration of an auditor appointed under section 89, and for the costs of an audit carried out under that section;

(o) prescribing forms for the purposes of this Ordinance. and prescribing the manner in which applications are to be made for registration under Part VI;

(p) prescribing fees and charges to be paid in respect of any matter or thing required for the purposes of this Ordinance;

(a) prescribing public offices for the purposes of sections

19 and 122;

(7) prescribing the procedure for the holding of investiga- tions under Part XI, and providing for the reception of evidence, whether written or oral, and for the summon- ing and examination of witnesses, during the course of such an investigation:

(s) prescribing anything which is to be or may be prescribed

by regulations.

(2) Regulations made under this section may provide that a contravention of specified provisions thereof shall be an offence and may provide penalties therefor not exceeding a fine of $2,000 and imprisonment for 3 months.

(3) Except as otherwise provided in this Ordinance, regulations made under this section may be of general or special application.

(4) Regulations made under this section may provide that, subject to such terms and conditions as may be prescribed there. by, the provisions of Parts VI to IX, or such of them as are specified in the regulations-