TNAG-1943-FCO40-2769-Stock-market-and-exchange-rate-in-Hong-Kong-1989 — Page 59

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

(d) the functions of the chief executive officer (whether

called that or not) of the Exchange Company or clearing

house.

(2)

For so long as a suspension order is in force the following

provisions shall apply

(a) none of the functions to which the order relates shall be

performed by the Exchange Company, clearing house, board,

governing body, committee or officer concerned;

(b)

any function to which paragraph (a) applies may be

performed by such person as shall be specified in the order

in relation to that function;

(c)

no person referred to in paragraph (a) shall influence the

manner in which functions therein referred to are

performed.

(3)

Subject to subsection (5), a suspension order shall

continue in force for such period, being a period not exceeding 6

months, as shall be specified in the order.

(4) A suspension order shall, unless it otherwise provides,

come into operation immediately on the making of the order.

(5) The Commission may, after consultation with the Financial

Secretary, extend for a period or successive periods of not more than

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