1964_SECURITIES_AND_FUTURES_COMMISSION_ORDINANCE — Page 8

CAP. 24]

Securities and Futures Commission

[1989 Ed.

CHAPTER 24

SECURITIES AND FUTURES COMMISSION

To establish the Securities and Futures Commission and to amend the law relating to dealing in securities and trading in futures contracts; and to provide for connected or incidental matters.

[The Ordinance other than sections 27(1) to (8), 30, 31, 32 and 65 as read with item 1(b) of paragraph 4 of Schedule 2* insofar as they relate to the repeal of sections 122 and 123 of the Securities Ordinance

The remaining provisions

Originally 10 of 1989–L.N. 259 of 1989.630 66/90

1 May 1989 L.N. 126 of 1989

: 1 August 1989] L.N. 230 of 1989

1.

Short title

PART I

PRELIMINARY

This Ordinance may be cited as the Securities and Futures Commission Ordinance.

2. Interpretation

In this Ordinance, unless the context otherwise requires-

"clearing house" () means a clearing house within the meaning of section 2(1) of the Commodities Trading Ordinance (Cap. 250) or authorized under any other Ordinance to carry on business as a clearing house in respect of securities;

"the Commission" (證監會) means the Securities and Futures Commission established by section 3;

"Commodity Exchange" () has the meaning assigned to it by section 2(1) of the Commodities Trading Ordinance (Cap. 250);

"company" (公司) means any company within the meaning of the Companies Ordinance (Cap. 32) and includes an oversea company within the meaning of that Ordinance or any other body corporate incorporated in Hong Kong having a share capital;

* See, for s. 65 and Schedule 2, Ord. 10 of 1989.