1964_PROTECTION_OF_INVESTORS_ORDINANCE — Page 4

1989 Ed.]

Protection of Investors

[CAP. 335

3

1

"unit trust" has the same meaning as in the Securities Ordinance (Cap. 333).

(Added 44 of 1989 s. 2)

(2) For the purposes of this Ordinance-

(a) "advertisement" includes every form of advertising, whether notified or published-

(i) in a newspaper, magazine, journal, or other periodical publication;

(ii) by the display of posters or notices;

(iii) by means of circulars, brochures, pamphlets, or handbills;

(iv) by an exhibition of photographs or cinematograph films; or

(v) by way of sound broadcasting or television,

and references to the issue of an advertisement shall be construed accordingly;

(b) "document" includes a circular, brochure, pamphlet, poster, handbill, prospectus, and any other document which is directed at or likely to be read by the public; and also includes any newspaper, magazine, journal, or other periodical publication;

(c) an advertisement issued by any person by way of display or exhibition in a public place shall be treated as being issued by him on every day on which he causes or authorizes it to be displayed or exhibited;

(d) an advertisement, invitation, or document which consists of or contains information likely to lead, directly or indirectly, to the doing by members of the public of any act mentioned in section 3(1)(a) and (b) shall be treated as being an advertisement, invitation, or document which is or contains an advertisement or invitation to the public to do that act;

(e) an advertisement, invitation, or document issued by one person on behalf of another shall be treated as an advertisement, invitation, or a document, as the case may be, issued by that other person.

2A. Investment arrangements specified by Governor in Council

The Governor in Council may by order specify any arrangements as investment arrangements for the purposes of this Ordinance where the arrangements-

(a) are made in the course of business; and

(b) have the purpose or effect, or pretended purpose or effect, of enabling persons taking part in the arrangements-

(i) to obtain the ownership of any property for valuable consideration;