TNAG-1943-FCO40-2769-Stock-market-and-exchange-rate-in-Hong-Kong-1989 — Page 71

(b)

in respect of which a prospectus or any take-over document

is, to his knowledge, being considered by the Registrar of

Companies for registration under the Companies Ordinance

(Cap. 32).

(5)

Subsection (4) does not apply to, or in respect of, any

right of the holder of securities by virtue of being that holder

(a)

-

to exchange the securities or convert them to another form

of securities;

(b)

to participate in a scheme of arrangement approved by the

High Court under the Companies Ordinance (Cap. 32);

(c)

to subscribe for other securities or dispose of a right to

subscribe for other securities;

(d)

to charge or pledge the securities to secure the repayment

of moneyjas

(e)

to realize the securities for the purpose of repaying money

referred to in paragraph (d); or

(f)

to realize the securities in the course of performing a

duty imposed by law.

(6) Where the chairman or any other director of the Commission

or any person employed in the administration of this Ordinance is,