1988 Ed.]
Money Lenders
[CAP. 163
5
Ordinance not to apply to authorized institutions
3. This Ordinance shall not apply to---
(a) an authorized institution within the meaning of the Banking Ordinance (Cap. 155); or
(b) as respects a loan made to such an authorized institution, any person who makes such loan.
(Replaced, 69 of 1988, s. 3)
Registrar of Money Lenders and supervisory functions of Registrar
4. (1) The Governor shall appoint a public officer to be the Registrar of Money Lenders.
(2) The Registrar shall establish and maintain a register in which he shall cause to be kept particulars, other than specified particulars, of-
(a) applications for the grant or renewal of licences; (Amended, 69 of 1988, s. 4)
(b) licences which are in force or have been revoked or suspended;
(c) such other matters, if any, as he thinks fit.
(3) In this section "specified particulars" means particulars furnished under section 8 which are specified in regulations made under section 34 as particulars which shall not be entered in the register.
Official secrecy
5. (1) Except as may be necessary for the exercise or performance of any function or duty under this Ordinance or for carrying into effect the provisions of this Ordinance, the Registrar and every person employed in carrying out or in assisting any person to carry out the provisions of this Ordinance-
(a) shall preserve and aid in preserving secrecy with regard to all matters relating to the affairs of any person that may come to his knowledge in the exercise or performance of any function or duty under this Ordinance;
(b) shall not communicate any such matter to any person other than the person to whom such matter relates; and
(c) shall not suffer or permit any person to have access to any records in the possession, custody or control of any person to whom this subsection applies.
(2) Subsection (1) does not apply-
(a) to the disclosure of information in the form of a summary of similar information provided by a number of persons if the summary is so framed as to prevent particulars relating to the business of any particular person being ascertained from it;
(b) to the disclosure of information with a view to the institution of, or otherwise for the purposes of, any criminal proceedings; (Replaced, 69 of 1988, s. 5)
1988 Ed.]
Money Lenders
[CAP. 163
5
Ordinance not to apply to authorized institutions
3. This Ordinance shall not apply to---
(a) an authorized institution within the meaning of the Banking Ordin-
ance (Cap. 155); or
(b) as respects a loan made to such an authorized institution, any person
who makes such loan.
(Replaced, 69 of 1988, s. 3)
Registrar of Money Lenders and supervisory functions
of Registrar
4. (1) The Governor shall appoint a public officer to be the Registrar of Money Lenders.
(2) The Registrar shall establish and maintain a register in which he shall cause to be kept particulars, other than specified particulars, of-
(a) applications for the grant or renewal of licences; (Amended, 69 of
1988, s. 4)
(b) licences which are in force or have been revoked or suspended; (c) such other matters, if any, as he thinks fit.
(3) In this section "specified particulars" means particulars furnished under section 8 which are specified in regulations made under section 34 as particulars which shall not be entered in the register.
Official secrecy
5. (1) Except as may be necessary for the exercise or performance of any function or duty under this Ordinance or for carrying into effect the provisions of this Ordinance, the Registrar and every person employed in carrying out or in assisting any person to carry out the provisions of this Ordinance-
(a) shall preserve and aid in preserving secrecy with regard to all matters relating to the affairs of any person that may come to his knowledge in the exercise or performance of any function or duty under this Ordinance;
(b) shall not communicate any such matter to any person other than the
person to whom such matter relates; and
(c) shall not suffer or permit any person to have access to any records in the possession, custody or control of any person to whom this subsection applies.
(2) Subsection (1) does not apply-
(a) to the disclosure of information in the form of a summary of similar information provided by a number of persons if the summary is so framed as to prevent particulars relating to the business of any particular person being ascertained from it;
(b) to the disclosure of information with a view to the institution of, or otherwise for the purposes of, any criminal proceedings; (Replaced, 69 of 1988, s. 5)
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