TNAG-1269-FCO40-1619-Banking-situation-in-Hong-Kong-1983 — Page 31

Clause

5 -

Amendment Proposed

(B)

the extent of any

(b)

(c)

beneficial shareholding

relevant in determining

control for the purposes

of subsection (2)(a)(ii)

or (iii);

the paid up capital and

reserves of the bank

for the benefit of which

the letter of comfort

is given;

(D)

the laws and practices

applicable to the

transactions of the bank

giving the letter of

comfort;

may require the bank giving the

letter of comfort to submit, at

such intervals as the Commissioner

may determine, such accounts as

he may specify,

and in notifying such acceptance to the

bank for the benefit of which the letter of

comfort is given he shall also notify it of the limit imposed under paragraph (a) and

any requirement under paragraph (b).