1964_RESERVED_COMMODITIES_ORDINANCE — Page 4

1984 Ed.]

Reserved Commodities

[CAP. 296

3

"reserved commodity" means any commodity specified as a reserved commodity under regulations made under section 3;

"sale" and "purchase" include a sale and purchase by barter;

"sale by retail" means every sale of an article other than a sale by wholesale;

"sale by wholesale" means any sale of an article in whatever quantity for resale in the same form or state or as part of a manufactured product;

"transhipment cargo" means any imported article that is consigned on a through bill of lading or a through air waybill from a place outside Hong Kong to another place outside Hong Kong and is or is to be removed from the vessel, vehicle or aircraft in which it was imported and either returned to the same vessel, vehicle or aircraft or transferred to another vessel, vehicle or aircraft before being exported, whether it is or is to be transferred directly between such vessels, vehicles or aircraft or whether it is to be landed in Hong Kong after its importation and stored pending exportation; (Added, 51 of 1984, s. 2)

"vehicle" means every means of conveyance or of transit or other mobile apparatus used or capable of being used on land whether on roads or rails and, in any way whatever, drawn or propelled or carried;

"vessel" includes every description of vessel used in navigation for the carriage of persons or articles, whether or not the vessel is mechanically propelled and whether or not the vessel is towed or pushed by another vessel.

(2) This Ordinance shall not apply to-

(a) articles in transit; or

(b) transhipment cargo imported or exported by a person to whom an exemption relating to that transhipment cargo has been granted pursuant to regulations made under section 3(1)(ja). (Replaced, 51 of 1984, s. 2)

3. (1) The Governor in Council may make regulations for all or any of the following matters-

(a) specifying any article to be a reserved commodity for any purpose;

(b) prohibiting or controlling the sale or purchase of any reserved commodity for the purpose of resale in or export from Hong Kong;

(c) regulating or controlling the maximum price of any reserved commodity;

(d) prohibiting, regulating or controlling the import or export of any reserved commodity;

Regulations.