1979-HKRS28-16-27_Part01 — Page 41

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to another bank in Hong Kong, and subsection () of the said section 18 shall also have effect accordingly.

(2) Notwithstanding subsection (4) of the said section 19 funds of a kind mentioned in subsection (1) which are held by a bank in Hong Kong for the account of the Fund shall not be treated as deposit liabilities of that bank for the purposes of subsection (2) of that section,

(3) In this section, "bank", "money at call" and "money at short notice" have the respective meanings assigned to them by section 2 of the Banking Ordinance.".

Passed by the Hong Kong Legislative Council this 25th day April 1979.

I

V

Clerk to the Legislative Councă.

This printed impression has been carefully compared by me with the bill, and is found by me to be a true and correctly printed copy of the said bHI.

Clerk to the Legislative Council.