TNAG-1487-FCO40-2044-Hong-Kong-banking-Banking-Bill-1986-1986 — Page 33

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

A146

Ord. No. 27/86

Section

BANKING

Page

Section

BANKING

Ord. No. 27/86

A147

Page

PART XIV

PART XVII

Capital Adequacy Ratio of Authorized INSTITUTIONS

SHARE CAPITAL, Reserve and Dividend

OF AUTHORIZED INSTITUTIONS

98.

Capital adequacy ratio

A199

99.

Failure to keep to capital adequacy ratio

A200

75.

Maintenance of reserve

A 184

100.

Remedial action

A200

76.

Maintenance of adquate provision for bad and doubtful debts and for

diminution of value of assets

101.

A 184

Commissioner may increase capital adequacy ratio for particular authorized

institutions

A200

77.

Minimum paid-up share capital of licensed banks

A185

PART XVIII

78.

Restriction on distribution of extraordinary profits...

A 185

Liquidity RATIO OF AUTHORIZED INSTITUTIONS

and MatterS AFFECTING Liquidity RaTIO

PART XV

102.

Liquidity ratio

A201

LIMITATIONS ON LOANS BY AND INTERESTS OF AUTHORIZED INSTITUTIONS

103.

Failure to keep to liquidity ratio

A201

104.

Remedial action

A201

79.

Interpretation and application

A 185

105.

106.

80.

Advance against security of own shares, etc.

A186

Commissioner may vary liquidity ratio for particular authorized institutions Authorized institutions not to create certain charges and to notify Com-

missioner of certain civil proceedings

A202

A202

81.

Limitation on advances by authorized institutions

A 186

PART XIX

82.

Commissioner may publish guidelines on business practices of authorized

institutions

A 190

UNINCORPORATED BANKS

83.

Limitation on advances to directors, etc. of bank

A 190

107.

Grant of banking licence to unincorporated banks...

A203

84.

Limitation on advances to directors, etc. of deposit-taking companies...

A 191

108.

Application for banking licence under section 107

A203

85.

Limitation on advances to employees

A 193

i

109.

Banking licence fee for unincorporated bank

A203

110.

Auditor ...

A203

86.

Powers of Commissioner where moneys placed with foreign bank

A 193

111.

87.

Limitation on shareholding by authorized institutions

A 194

112.

General application of Ordinance to unincorporated banks and members Application of sections of Ordinance to unincorporated banks

A203

A204

88.

Limitation on holding of interest in land by authorized institutions

A 195

113.

Prohibition on use of word “bank"

A204

89.

Limitation on shareholding and holding of interest in land in the case of a

registered deposit-taking company.....

114.

Prohibition on total of deposits ...

A204

A195

115.

Death of member of unincorporated bank

A204

ྣར

90.

Limitation on aggregate holdings under sections 83, 87 and 88

A195

116.

Bankruptcy of unincorporated banks

A205

91.

Proof of compliance with sections 81, 83, 84, 87, 88, 89 and 90

A196

PART XX

PART XVI

INVESTIGATIONS OF AUTHORIZED InstituTIONS

117.

Advertisements, RepresENTATIONS AND USE OF TITLE "BANK"

Investigations on behalf of the Financial Secretary...

A206

118.

Powers of the inspector and offences in connexion with the investigation

A207

92.

93.

Offence to issue advertisements and documents relating to deposits

Fraudulent inducement to make a deposit

A 196

PART XXI

A 197

MISCELLANEOUS

94.

Liability in tort for inducing persons to make a deposit in certain cases

A 197

119.

95.

False, etc. advertisements by authorized institution...

A 198

Governor in Council to decide whether or not banking business or business of

taking deposits is being conducted...

A208

96.

Certain representations prohibited

A 199

120.

Official secrecy

A208

97.

Restrictions on use of title "bank"

A 199

121.

Disclosure of information relating to authorized institutions...

A209

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