1964_SECURITIES_(DISCLOSURE_OF_INTERESTS)_ORDINANCE — Page 4

1988 Ed.]

Securities (Disclosure of Interests}

[CAP. 396

3

CHAPTER 396

SECURITIES (DISCLOSURE OF INTERESTS)

To require certain persons holding shares in or debentures of listed companies

to disclose their interest in those shares or debentures.

Originally 63 of 1988 —)

10 of 1989.45/990:

PART I

[

INTRODUCTORY

]

Short title and commencement

1. (1) This Ordinance may be cited as the Securities (Disclosure of Interests) Ordinance.

(2) This Ordinance shall come into operation on a day to be appointed by the Governor by notice in the Gazette.

Interpretation

2. (1) In this Ordinance, unless the context otherwise requires--

"articles" means, in relation to a company, its articles within the meaning of

section 2(1) of the Companies Ordinance (Cap. 32);

"associated corporation", in relation to a listed company, means a

i

corporation-

(a) which is a subsidiary or holding company of the listed company or a

subsidiary of the listed company's holding company; or

(b) in respect of which the information required by section 129(1) or (2) of the Companies Ordinance has been stated in, or in a note on, or statement annexed to, the accounts submitted to the last annual general meeting of the listed company or the listed company's holding company prior to the event giving rise to any relevant duty under this Ordinance;

"associated index", in relation to a register, means the index kept in relation to

that register in pursuance of section 16(6);

"authorized financial institution" means a bank or deposit-taking company

licensed or registered under the Banking Ordinance (Cap. 155);

"chief executive" means the person employed by a corporation who either alone or together with one or more persons is or will be responsible under the immediate authority of the board of directors for the conduct of the business of the corporation;

"child" includes a step child;

مة

45/405 2