TNAG-1943-FCO40-2769-Stock-market-and-exchange-rate-in-Hong-Kong-1989 — Page 137

33. Clause 41 enables appeals to be made to the Board against

notices under Part V.

34. Clause 42 enables the Commission to petition the High

Court for the winding up of a registered person that is a company

that can be wound up under the Companies Ordinance (Cap. 32).

Written notification of intention is required to be given to an

Exchange Company in certain circumstances.

35.

Clause 43 enables the Commission to petition the High

Court for a receiving order under the Bankruptcy Ordinance (Cap. 6)

against a registered person. Written notification of intention is

required to be given to an Exchange Company in certain

circumstances.

Part VI

36. Clause 44 enables the Commission to request the Governor

in Council to make transfer orders transferring functions of the

Commission to an Exchange Company. The clause also provides for

the concurrent performance by the Commission of the functions

specified in a transfer order, and for the resumption by the

Commission of a transferred function.

37. Clause 45 enables the Commission, the Exchange Companies

and clearing houses to supply information to each other and

empowers the Commission to require an Exchange Company or a

clearing house to provide it with certain information. The supply

of information under this clause is protected against legal

liability.

38. Clause 46 empowers the Commission to serve a restriction

notice in certain circumstances