TNAG-1943-FCO40-2769-Stock-market-and-exchange-rate-in-Hong-Kong-1989 — Page 11

(13)

Every question for decision at a meeting of the Commission

shall be determined by a majority of votes of the directors present

and, in the event that voting is equally divided, the chairman of the

meeting shall have a casting vote.

(14) The Commission may act notwithstanding a vacancy among its

directors.

(15) The Commission shall organize and regulate its

administration, procedure and business.

Commission may establish committees

5.

(1) The Commission may establish standing or special

committees and may refer or assign to any such committee any matter

for consideration, inquiry or management by the committee.

(2) The Commission may delegate any of its functions (other

than a power to make subsidiary legislation) to any committee

established under this section.

(3) The Commission may appoint any person to be a member of any

committee established under this section, whether that person is a

director of the Commission or not.

(4) Any reference, assignment or delegation under subsection