1989 Ed.]
Commodities Trading
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(iii) the applicant does not have the financial resources, in respect of the business for which he applies for registration, specified in any rules made under section 28 of the Securities and Futures Commission Ordinance (Cap. 24) which are then in force and which would be applicable to him if his application for registration were granted; or (Replaced 10 of 1989 s. 65)
(iv) the applicant has not for the purposes of section 27 of the Securities and Futures Commission Ordinance (Cap. 24) notified the location of business premises at which every record or other document relating to the business in respect of which he applies to be registered is to be kept, such location not being, in the opinion of the Commission, unsuitable having regard to the purposes of section 30 of that Ordinance; or (Replaced 10 of 1989 s. 65)
(b) in the case of an applicant that is a corporation, on the grounds
that--
(i) the applicant has not provided the Commission with such information relating to it or any person employed by or associated with it for the purposes of its business, and to any circumstances likely to affect its method of conducting business, as may be prescribed by or under this Ordinance;
(ii) any director or employee of the applicant who applies to be registered as a dealer in his capacity as such director or employee, as the case may be, would be refused registration under paragraph (a)(ii);
(iii) the applicant has at any time prior to the application entered into any composition or scheme of arrangement with its creditors;
(iv) the applicant does not have the financial resources, in respect of the business for which he applies for registration, specified in any rules made under section 28 of the Securities and Futures Commission Ordinance (Cap. 24) which are then in force and which would be applicable to him if his application for registration were granted; or (Replaced 10 of 1989 s. 65)
(v) the applicant has not for the purposes of section 27 of the Securities and Futures Commission Ordinance (Cap. 24) notified the location of business premises at which every record or other document relating to the business in respect of which he applies to be registered is to be kept, such location not being, in the opinion of the Commission, unsuitable having regard to the purposes of section 30 of that Ordinance; or (Replaced 10 of 1989 s. 65)
Page 20
Page 21
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CAP. 250]
1989 Ed.]
Commodities Trading
[CAP. 250
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(iii) the applicant does not have the financial resources, in respect of the business for which he applies for registration, specified in any rules made under section 28 of the Securities and Futures Commission Ordinance (Cap. 24) which are then in force and which would be applicable to him if his application for registration were granted; or (Replaced 10 of 1989 s. 65 ) (iv) the applicant has not for the purposes of section 27 of the Securities and Futures Commission Ordinance (Cap. 24) notified the location of business premises at which every record or other document relating to the business in respect of which he applies to be registered is to be kept, such location not being, in the opinion of the Commission, unsuitable having regard to the purposes of section 30 of that Ordinance; or (Replaced 10 of 1989 s. 65)
(b) in the case of an applicant that is a corporation, on the grounds
that--
(i) the applicant has not provided the Commission with such information relating to it or any person employed by or associated with it for the purposes of its business, and to any circumstances likely to affect its method of conducting business, as may be prescribed by or under this Ordinance; (ii) any director or employee of the applicant who applies to be registered as a dealer in his capacity as such director or employee, as the case may be, would be refused registration under paragraph (a)(ii);
(iii) the applicant has at any time prior to the application entered into any composition or scheme of arrangement with its creditors;
(iv) the applicant does not have the financial resources, in respect of the business for which he applies for registration, specified in any rules made under section 28 of the Securities and Futures Commission Ordinance (Cap. 24) which are then in force and which would be applicable to him if his application for registration were granted; or (Replaced 10 of 1989 s. 65)
(v) the applicant has not for the purposes of section 27 of the Securities and Futures Commission Ordinance (Cap. 24) notified the location of business premises at which every record or other document relating to the business in respect of which he applies to be registered is to be kept, such location not being, in the opinion of the Commission, unsuitable having regard to the purposes of section 30 of that Ordinance; or (Replaced 10 of 1989 s. 65)
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