TNAG-1818-FCO40-2579-Broadcasting-in-Hong-Kong-1988 — Page 34

BANKING (AMENDMENT) (NO. 2)

Ord. No. 68/88

A405

HONG KONG

No. 68 OF 1988

I assent.

L.S.

David Robert FORD, Deputy to the Governor.

21 July 1988

An Ordinance to amend the Banking Ordinance.

[22 July 1988]

Enacted by the Governor of Hong Kong, with the advice and consent

of the Legislative Council thereof.

1. This Ordinance may be cited as the Banking (Amendment) (No. 2) Short title Ordinance 1988.

2. (1) Section 120(5)(ƒ) of the Banking Ordinance is amended by adding", a person holding an authorized statutory office" after "Affairs".

(2) Section 120 is amended by adding after subsection (5)——

(Cap. 41)

(Cap. 250)

(Cap. 333)

(Cap. 335)

"(5A) For the purposes of subsection (5)(ƒ), “authorized statutory office" means--

(a) the Insurance Authority under the Insurance Com-

panies Ordinance;

(b) the Commissioner for Commodities Trading under

the Commodities Trading Ordinance;

the Commissioner for Securities under the Securities Ordinance; or

(d) the Commissioner under the Protection of Investors

Ordinance.

(5B) The Legislative Council may, by resolution, amend subsection (5A).".

Official secrecy (Cap. 155)