TNAG-1943-FCO40-2769-Stock-market-and-exchange-rate-in-Hong-Kong-1989 — Page 74

(ii) an oversea company within the meaning of the

Companies Ordinance (Cap. 32), it is left with or sent by

post to the person resident in Hong Kong who is authorized

to accept service of process and notices on its behalf for

the purposes of Part XI of that Ordinance;

(c)

in the case of a partnership or firm it is given to or

served on any partner.

Penalties for offences

57.

Any person who commits an offence under section 20(10),

28(5) or (6), 29(3), 31(3), 33(6), 34, 47(8) or 55(7) is liable -

(a)

on conviction upon indictment to a fine of $1,000,000 and,

in the case of an individual, to imprisonment for 2 years;

(b)

on summary conviction to a fine of $100,000 and, in the

case of an individual, to imprisonment for 6 months

Prosecution of certain offences by Commission

58. (1) Any offence under this Ordinance may be prosecuted by

the Commission in its own name but, where under this subsection the

Commission prosecutes an offence, the offence shall be tried before a

magistrate as an offence which is triable summarily.

(2) For the purposes of the prosecution of an offence mentioned

in subsection (1) and only for those purposes, an employee of the

Commission who apart from this subsection is not qualified to act as