1964_SECURITIES_(DISCLOSURE_OF_INTERESTS)_(EXCLUSIONS)_REGULATIONS — Page 3

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1988 Ed.]

Securities (Disclosure of Interests) (Exclusions) Regulations

[CAP. 396

A 3

[Subsidiary]

(b) interests in shares or debentures of a person in his capacity as trustee of, or as beneficiary under, a trust constituted exclusively for the purposes of an approved retirement scheme as defined in the Inland Revenue Ordinance (Cap. 112);

(c) any event occurring in relation to any person in any such capacity as is mentioned in paragraph (a) or (b);

(d) interests in shares or debentures which a person is taken to have under paragraph 4 of Part I of the Schedule to the Ordinance where the corporation referred to in that paragraph is interested in those shares or debentures in its capacity as trustee of any such trust as is mentioned in paragraph (b);

#

(e) any event occurring in relation to any person as a result of which he is taken to have any such interest as is mentioned in paragraph (d); (f) interests in shares in a listed company which arise solely on account of any limitation imposed by the memorandum or articles of association of the listed company on a person's right to dispose of a share.

(2) Section 28(1) and (2) of the Ordinance shall not require notification-

(a) to a company which is the wholly-owned subsidiary of a body corporate incorporated outside Hong Kong of interests in shares in, or debentures of, that body corporate or any other body corporate so incorporated, or of any event occurring in relation to any such shares or debentures;

(b) to a company by a director of the company who is also the director of a body corporate of which the company is the wholly-owned subsidiary and which is itself required to keep a register under section 29(1) of the Ordinance, of interests in any shares or debentures or of any event occurring in relation to any shares or debentures.

(3) For the purposes of subregulation (2), a company shall be deemed to be a wholly-owned subsidiary of another body corporate if it has no members but that other and that other's wholly-owned subsidiaries and its or their nominees.

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1988 Ed.] Securities (Disclosure of Interests) (Exclusions) Regulations [CAP. 396 A 3 [Subsidiary] (b) interests in shares or debentures of a person in his capacity as trustee of, or as beneficiary under, a trust constituted exclusively for the purposes of an approved retirement scheme as defined in the Inland Revenue Ordinance (Cap. 112); (c) any event occurring in relation to any person in any such capacity as is mentioned in paragraph (a) or (b); (d) interests in shares or debentures which a person is taken to have under paragraph 4 of Part I of the Schedule to the Ordinance where the corporation referred to in that paragraph is interested in those shares or debentures in its capacity as trustee of any such trust as is mentioned in paragraph (b); # (e) any event occurring in relation to any person as a result of which he is taken to have any such interest as is mentioned in paragraph (d); (f) interests in shares in a listed company which arise solely on account of any limitation imposed by the memorandum or articles of association of the listed company on a person's right to dispose of a share. (2) Section 28(1) and (2) of the Ordinance shall not require notification- (a) to a company which is the wholly-owned subsidiary of a body corporate incorporated outside Hong Kong of interests in shares in, or debentures of, that body corporate or any other body corporate so incorporated, or of any event occurring in relation to any such shares or debentures; (b) to a company by a director of the company who is also the director of a body corporate of which the company is the wholly-owned subsidiary and which is itself required to keep a register under section 29(1) of the Ordinance, of interests in any shares or debentures or of any event occurring in relation to any shares or debentures. (3) For the purposes of subregulation (2), a company shall be deemed to be a wholly-owned subsidiary of another body corporate if it has no members but that other and that other's wholly-owned subsidiaries and its or their nominees.
Baseline (Original)
} 1988 Ed.] Securities (Disclosure of Interests) (Exclusions) Regulations [CAP. 396 A 3 [Subsidiary] (b) interests in shares or debentures of a person in his capacity as trustee of, or as beneficiary under, a trust constituted exclusively for the purposes of an approved retirement scheme as defined in the Inland Revenue Ordinance (Cap. 112); (c) any event occurring in relation to any person in any such capacity as is mentioned in paragraph (a) or (b); (d) interests in shares or debentures which a person is taken to have under paragraph 4 of Part I of the Schedule to the Ordinance where the corporation referred to in that paragraph is interested in those shares or debentures in its capacity as trustee of any such trust as is mentioned in paragraph (b); # (e) any event occurring in relation to any person as a result of which he is taken to have any such interest as is mentioned in paragraph (d); (f) interests in shares in a listed company which arise solely on account of any limitation imposed by the memorandum or articles of association of the listed company on a person's right to dispose of a share. (2) Section 28(1) and (2) of the Ordinance shall not require notification- (a) to a company which is the wholly-owned subsidiary of a body corporate incorporated outside Hong Kong of interests in shares in, or debentures of, that body corporate or any other body corporate so incorporated, or of any event occurring in relation to any such shares or debentures; (b) to a company by a director of the company who is also the director of a body corporate of which the company is the wholly-owned subsidiary and which is itself required to keep a register under section 29(1) of the Ordinance, of interests in any shares or debentures or of any event occurring in relation to any shares or debentures. (3) For the purposes of subregulation (2), a company shall be deemed to be a wholly-owned subsidiary of another body corporate if it has no members but that other and that other's wholly-owned subsidiaries and its or their nominees.
2026-05-05 11:50:45 · Baseline
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1988 Ed.]

Securities (Disclosure of Interests) (Exclusions) Regulations

[CAP. 396

A 3

[Subsidiary]

(b) interests in shares or debentures of a person in his capacity as trustee of, or as beneficiary under, a trust constituted exclusively for the purposes of an approved retirement scheme as defined in the Inland Revenue Ordinance (Cap. 112);

(c) any event occurring in relation to any person in any such capacity as is

mentioned in paragraph (a) or (b);

(d) interests in shares or debentures which a person is taken to have under paragraph 4 of Part I of the Schedule to the Ordinance where the corporation referred to in that paragraph is interested in those shares or debentures in its capacity as trustee of any such trust as is mentioned in paragraph (b);

#

(e) any event occurring in relation to any person as a result of which he is taken to have any such interest as is mentioned in paragraph (d); (f) interests in shares in a listed company which arise solely on account of any limitation imposed by the memorandum or articles of association of the listed company on a person's right to dispose of a share.

(2) Section 28(1) and (2) of the Ordinance shall not require notification-

(a) to a company which is the wholly-owned subsidiary of a body corporate incorporated outside Hong Kong of interests in shares in, or debentures of, that body corporate or any other body corporate so incorporated, or of any event occurring in relation to any such shares or debentures;

(b) to a company by a director of the company who is also the director of a body corporate of which the company is the wholly-owned subsidiary and which is itself required to keep a register under section 29(1) of the Ordinance, of interests in any shares or debentures or of any event occurring in relation to any shares or debentures.

(3) For the purposes of subregulation (2), a company shall be deemed to be a wholly-owned subsidiary of another body corporate if it has no members but that other and that other's wholly-owned subsidiaries and its or their nominees.

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