26
CAP. 250]
Commodities Trading
[1989 Ed.
knows to be false or misleading as to a material particular shall be guilty of an offence, and shall be liable on conviction upon indictment to a fine of $20,000 and to imprisonment for 2 years.
(2) For the purposes of subsection (1), "representation" means a representation or statement-
(a) of a matter of fact, either present or past;
(b) about a future event; or
(c) about an existing intention, opinion, belief, knowledge or other state of mind.
(3) Proceedings in respect of an offence under this section may be brought at any time within 6 months of the discovery of the offence.
41. Information to be provided by registered persons
(1) Every dealer, commodity trading adviser, dealer's representative and commodity trading adviser's representative shall forthwith notify the Commission in the prescribed form of any change which, while his certificate of registration is in force, may occur--
(a) in the address in Hong Kong at which he carries on the business as a dealer, commodity trading adviser, dealer's representative or commodity trading adviser's representative;
(b) in the business name or the name of the corporation or firm; or
(c) in any information supplied in or in connection with his application for registration or renewal of registration, as the case may be.
(2) Every dealer, commodity trading adviser, dealer's representative and commodity trading adviser's representative shall forthwith, on ceasing to carry on business in Hong Kong as a dealer, commodity trading adviser, dealer's representative or commodity trading adviser's representative, as the case may be, notify the Commission in the prescribed form of that fact.
(3) If, at any time while a corporation or firm is registered as a dealer or commodity trading adviser, any director, partner or employee of the corporation or firm becomes or ceases to be accredited to the corporation or firm, as the case may be, the corporation or firm shall within 7 days after that event notify the Commission in the prescribed form of the name and address of that director, partner or employee and such other particulars as may be specified in the form.
(4) If a dealer's representative or commodity trading adviser's representative becomes or ceases to be the representative of the dealer or commodity trading adviser in respect of whom he was registered, that representative and the dealer or commodity trading adviser, as the case may be, shall within 7 days after that event notify the Commission in the prescribed form of the fact.
26
CAP. 250]
Commodities Trading
[1989 Ed.
knows to be false or misleading as to a material particular shall be guilty of an offence, and shall be liable on conviction upon indictment to a fine of $20,000 and to imprisonment for 2 years.
(2) For the purposes of subsection (1), "representation" means a repre- sentation or statement-
(a) of a matter of fact, either present or past;
(b) about a future event; or
(c) about an existing intention, opinion, belief, knowledge or other
state of mind.
(3) Proceedings in respect of an offence under this section may be brought at any time within 6 months of the discovery of the offence.
41. Information to be provided by registered persons
(1) Every dealer, commodity trading adviser, dealer's representative and commodity trading adviser's representative shall forthwith notify the Commission in the prescribed form of any change which, while his certificate of registration is in force, may occur--
(a) in the address in Hong Kong at which he carries on the business as a dealer, commodity trading adviser, dealer's representative or commodity trading adviser's representative;
(b) in the business name or the name of the corporation or firm; or (c) in any information supplied in or in connection with his
application for registration or renewal of registration,
as the case may be.
(2) Every dealer, commodity trading adviser, dealer's representative and commodity trading adviser's representative shall forthwith, on ceasing to carry on business in Hong Kong as a dealer, commodity trading adviser, dealer's representative or commodity trading adviser's representative, as the case may be, notify the Commission in the prescribed form of that fact.
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(3) If, at any time while a corporation or firm is registered as a dealer or commodity trading adviser, any director, partner or employee of the corporation or firm becomes or ceases to be accredited to the corporation or firm, as the case may be, the corporation or firm shall within 7 days after that event notify the Commission in the prescribed form of the name and address of that director, partner or employee and such other particulars as may be specified in the form.
(4) If a dealer's representative or commodity trading adviser's repre- sentative becomes or ceases to be the representative of the dealer or commodity trading adviser in respect of whom he was registered, that representative and the dealer or commodity trading adviser, as the case may be, shall within 7 days after that event notify the Commission in the prescribed form of the fact.
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