1964_COMMODITIES_TRADING_ORDINANCE — Page 4

HK Historical Laws 香港歷史法例 All AI Reviewed

1989 Ed.]

Commodities Trading

[CAP. 250

3

Section Page

PART VI

TRADING PRACTICES

59. Fixing of trading and position limits 37

60. Offence to exceed limits. 37

60A. Hawking of futures contracts 38

61. Dealing in options prohibited 39

62. False trading, etc. 39

63. Employment of fraudulent or deceptive devices, etc. 39

64. False or misleading statements 39

65. Offences 40

PART VII 40

66-75. (Repealed)

PART VIII

COMPENSATION FUND

76. Interpretation 40

77. Establishment of compensation fund 40

78. Futures Compensation Fund Committee 40

79. Money constituting the compensation fund 41

79A. Contract levy 41

80. Money to be kept in bank account 42

81. Accounts of compensation fund 42

82. Exchange Company to make deposits in respect of shareholders 43

83. Investment of money in compensation fund 43

84. Effect of persons ceasing to be shareholders 44

85. Replenishment of compensation fund in certain cases 44

86. Payment out of the compensation fund 44

87. Claims against the compensation fund. 45

88. Rights of innocent directors, etc. in relation to the compensation fund 46

89. Notice calling for claims against the compensation fund 47

90. Power of the Exchange Company in respect of claims 47

91. Exchange Company may require production of documents, etc. 48

92. Court proceedings to establish a claim against the compensation fund 49

93. Supplementary provisions relating to court proceedings 49

94. Court order establishing the claim 49

95. Subrogation of the Commission to rights, etc. of claimant on payment from the compensation fund 50

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1989 Ed.] Commodities Trading [CAP. 250 3 Section Page PART VI TRADING PRACTICES 59. Fixing of trading and position limits 37 60. Offence to exceed limits. 37 60A. Hawking of futures contracts 38 61. Dealing in options prohibited 39 62. False trading, etc. 39 63. Employment of fraudulent or deceptive devices, etc. 39 64. False or misleading statements 39 65. Offences 40 PART VII 40 66-75. (Repealed) PART VIII COMPENSATION FUND 76. Interpretation 40 77. Establishment of compensation fund 40 78. Futures Compensation Fund Committee 40 79. Money constituting the compensation fund 41 79A. Contract levy 41 80. Money to be kept in bank account 42 81. Accounts of compensation fund 42 82. Exchange Company to make deposits in respect of shareholders 43 83. Investment of money in compensation fund 43 84. Effect of persons ceasing to be shareholders 44 85. Replenishment of compensation fund in certain cases 44 86. Payment out of the compensation fund 44 87. Claims against the compensation fund. 45 88. Rights of innocent directors, etc. in relation to the compensation fund 46 89. Notice calling for claims against the compensation fund 47 90. Power of the Exchange Company in respect of claims 47 91. Exchange Company may require production of documents, etc. 48 92. Court proceedings to establish a claim against the compensation fund 49 93. Supplementary provisions relating to court proceedings 49 94. Court order establishing the claim 49 95. Subrogation of the Commission to rights, etc. of claimant on payment from the compensation fund 50
Baseline (Original)
1989 Ed.] Commodities Trading [CAP. 250 3 Section Page PART VI TRADING PRACTICES 59. Fixing of trading and position limits 37 60. Offence to exceed limits. 37 60A. Hawking of futures contracts 38 61. Dealing in options prohibited 39 62. False trading, etc. 39 63. Employment of fraudulent or deceptive devices, etc. 39 64. False or misleading statements 39 65. Offences 40 PART VII 40 66-75. (Repealed) PART VIII COMPENSATION FUND 40 76. Interpretation 77. Establishment of compensation fund 40 78. Futures Compensation Fund Committee 40 79. Money constituting the compensation fund 41 41 79A. Contract levy 80. Money to be kept in bank account 42 81. Accounts of compensation fund 42 82. Exchange Company to make deposits in respect of shareholders 43 83. Investment of money in compensation fund 43 84. Effect of persons ceasing to be shareholders 44 85. Replenishment of compensation fund in certain cases 44 86. Payment out of the compensation fund 44 87. Claims against the compensation fund. 45 88. Rights of innocent directors, etc. in relation to the compensation fund 46 89. Notice calling for claims against the compensation fund 47 90. Power of the Exchange Company in respect of claims 47 91. Exchange Company may require production of documents, etc. 48 92. 93. Court proceedings to establish a claim against the compensation fund Supplementary provisions relating to court proceedings 49 49 94. Court order establishing the claim 49 95. Subrogation of the Commission to rights, etc. of claimant on payment from the compensation fund 50
2026-05-04 09:50:46 · Baseline
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1989 Ed.]

Commodities Trading

[CAP. 250

3

Section

Page

PART VI

TRADING PRACTICES

59.

Fixing of trading and position limits

37

60.

Offence to exceed limits.

37

60A.

Hawking of futures contracts

38

61.

Dealing in options prohibited

39

62.

False trading, etc.

39

63.

Employment of fraudulent or deceptive devices, etc.

39

64.

False or misleading statements

39

65.

Offences

40

PART VII

40

66-75. (Repealed)

PART VIII

COMPENSATION FUND

40

76.

Interpretation

77.

Establishment of compensation fund

40

78.

Futures Compensation Fund Committee

40

79.

Money constituting the compensation fund

41

41

79A.

Contract levy

80.

Money to be kept in bank account

42

81.

Accounts of compensation fund

42

82.

Exchange Company to make deposits in respect of shareholders

43

83.

Investment of money in compensation fund

43

84.

Effect of persons ceasing to be shareholders

44

85.

Replenishment of compensation fund in certain cases

44

86.

Payment out of the compensation fund

44

87.

Claims against the compensation fund.

45

88.

Rights of innocent directors, etc. in relation to the compensation fund

46

89.

Notice calling for claims against the compensation fund

47

90.

Power of the Exchange Company in respect of claims

47

91.

Exchange Company may require production of documents, etc.

48

92.

93.

Court proceedings to establish a claim against the compensation fund Supplementary provisions relating to court proceedings

49

49

94.

Court order establishing the claim

49

95.

Subrogation of the Commission to rights, etc. of claimant on payment from

the compensation fund

50

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