108
CAP. 24]
Securities and Futures Commission
[1989 Ed.
(c) Part VIII of the Commodities Trading Ordinance (Cap. 250) which has not been disposed of at the establishment day may be continued and disposed of under that Part after the establishment day.
(5) Any appeal commenced under the Securities Ordinance (Cap. 333) or the Commodities Trading Ordinance (Cap. 250) (other than an appeal referred to in subsection (1) or (2)) and not disposed of at the establishment day may be continued and disposed of under that Ordinance as if this Ordinance had not been enacted.
(6) Any authorization granted or issued under the Securities Ordinance (Cap. 333), the Protection of Investors Ordinance (Cap. 335), the Commodities Trading Ordinance (Cap. 250) or the Stock Exchanges Unification Ordinance (Cap. 361) which is in force immediately before the establishment day shall continue in force after that day as if the authorization had been granted or issued under this Ordinance.
(7) Any licence or exemption granted, certificate issued, recognition or permission given, declaration made, suspension or condition imposed or attached or other thing done by the former Securities Commission, the former Commissioner for Securities, the former Commodities Trading Commission or the former Commissioner for Commodities Trading in the performance of a function similar to a function of the Commission shall, if that thing was in force, subsisting or effective immediately before the establishment day, be regarded as having been granted, issued, given, made, imposed, attached or done by the Commission in performing the function and for the purposes of this subsection the function shall be regarded as having been performable by the Commission at the time the thing was granted, issued, given, made, imposed, attached or done.
(8) Any application under Part VI of the Securities Ordinance (Cap. 333) to the former Commissioner for Securities or any notification given to the former Commissioner for Securities or any application under Part IV of the Commodities Trading Ordinance (Cap. 250), or any notification given to the former Commissioner for Commodities Trading which was pending or effective immediately before the establishment day shall, unless it is withdrawn after that day, be determined by or, as may be appropriate, be regarded as having been given to, the Commission as if it had originally been made or given to the Commission by virtue of this Ordinance.
(9) In subsections (7) and (8) “former" means existing immediately before the establishment day.
SCHEDULE
[s. 9]
FUNCTIONS OF COMMISSION TO WHICH SECTION 9 DOES NOT APPLY
1. Any power of the Commission to make subsidiary legislation.
108
CAP. 24]
Securities and Futures Commission
[1989 Ed.
(c) Part VIII of the Commodities Trading Ordinance (Cap. 250) which has not been disposed of at the establishment day may be continued and disposed of under that Part after the establishment day.
(5) Any appeal commenced under the Securities Ordinance (Cap. 333) or the Commodities Trading Ordinance (Cap. 250) (other than an appeal referred to in subsection (1) or (2)) and not disposed of at the establishment day may be continued and disposed of under that Ordinance as if this Ordinance had not been enacted.
(6) Any authorization granted or issued under the Securities Ordinance (Cap. 333), the Protection of Investors Ordinance (Cap. 335), the Commodities Trading Ordinance (Cap. 250) or the Stock Exchanges Unification Ordinance (Cap. 361) which is in force immediately before the establishment day shall continue in force after that day as if the authorization had been granted or issued under this Ordinance.
(7) Any licence or exemption granted, certificate issued, recognition or permission given, declaration made, suspension or condition imposed or attached or other thing done by the former Securities Commission, the former Commissioner for Securities, the former Commodities Trading Commission or the former Commissioner for Commodities Trading in the performance of a function similar to a function of the Commission shall, if that thing was in force, subsisting or effective immediately before the establishment day, be regarded as having been granted, issued, given, made, imposed, attached or done by the Commission in performing the function and for the purposes of this subsection the function shall be regarded as having been performable by the Commission at the time the thing was granted, issued, given, made, imposed, attached or done.
(8) Any application under Part VI of the Securities Ordinance (Cap. 333) to the former Commissioner for Securities or any notification given to the former Commissioner for Securities or any application under Part IV of the Commodities Trading Ordinance (Cap. 250), or any notification given to the former Commissioner for Commodities Trading which was pending or effective immediately before the establishment day shall, unless it is withdrawn after that day, be determined by or, as may be appropriate, be regarded as having been given to, the Commission as if it had originally been made or given to the Commission by virtue of this Ordinance.
(9) In subsections (7) and (8) “former" means existing immediately before the establishment day.
SCHEDULE
[s. 9]
FUNCTIONS OF COMMISSION TO WHICH SECTION 9 DOES NOT APPLY
1. Any power of the Commission to make subsidiary legislation.
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