40
CAP. 333]
Securities
[1989 Ed.
(3) (Repealed 10 of 1989 s. 65)
(4) Without prejudice to subsection (1), the Commission may, by notice in the Gazette, declare-
(a) any licensed bank;
(b) any trustee company registered under Part VIII of the Trustee Ordinance (Cap. 29); or
(c) any person belonging to class of persons, or carrying on a type of business, prescribed in regulations for the purposes of this paragraph,
to be an exempt dealer for the purposes of this Ordinance.
(5) The Commission may at any time revoke a declaration made under this section.
(6) The Commission shall cause to be published in the Gazette at least once in every year the names and addresses of all persons who are exempt dealers.
(Amended 10 of 1989 s. 65)
61. Exempt investment advisers
(1) The Commission may declare any person to be an exempt investment adviser for the purposes of this Ordinance if it is satisfied that the business of that person complies with the following requirements, that is to say--
(a) the investment advice is given mainly to persons whose business involves the acquisition and disposal or the holding of securities; or (Amended 62 of 1976 s. 18)
(b) the investment advice is given only to persons residing outside Hong Kong.
(2) The Commission may at any time revoke a declaration under subsection (1).
(Amended 10 of 1989 s. 65)
62. Offence to make a false representation for the purpose of obtaining a certificate of registration under this Part
(1) Any person who for the purpose of obtaining a certificate of registration under this Part, whether for himself or for any other person, makes any representation, whether in writing, orally or otherwise, which he knows to be false or misleading as to a material particular shall be guilty of an offence, and shall be liable on conviction on indictment, to imprisonment for 5 years.
(2) For the purposes of subsection (1), "representation" means a representation-
(a) of a matter of fact, either present or past; or
(b) about a future event; or
1
40
CAP. 333]
Securities
[1989 Ed.
(3) (Repealed 10 of 1989 s. 65)
(4) Without prejudice to subsection (1), the Commission may, by notice in the Gazette, declare-
(a) any licensed bank;
(b) any trustee company registered under Part VIII of the Trustee
Ordinance (Cap. 29); or
(c)
any person belonging to class of persons, or carrying on a type of business, prescribed in regulations for the purposes of this paragraph,
to be an exempt dealer for the purposes of this Ordinance.
(5) The Commission may at any time revoke a declaration made under this section.
(6) The Commission shall cause to be published in the Gazette at least once in every year the names and addresses of all persons who are exempt dealers.
(Amended 10 of 1989 s. 65)
61. Exempt investment advisers
(1) The Commission may declare any person to be an exempt investment adviser for the purposes of this Ordinance if it is satisfied that the business of that person complies with the following requirements, that is to say--
(a) the investment advice is given mainly to persons whose business involves the acquisition and disposal or the holding of securities; or (Amended 62 of 1976 s. 18)
(b) the investment advice is given only to persons residing outside
Hong Kong.
(2) The Commission may at any time revoke a declaration under subsection (1).
(Amended 10 of 1989 s. 65)
62. Offence to make a false representation for the purpose of
obtaining a certificate of registration under this Part
(1) Any person who for the purpose of obtaining a certificate of registration under this Part, whether for himself or for any other person, makes any representation, whether in writing, orally or otherwise, which he knows to be false or misleading as to a material particular shall be guilty of an offence, and shall be liable on conviction on indictment, to imprisonment for 5 years.
(2) For the purposes of subsection (1), "representation" means a representation-
(a) of a matter of fact, either present or past; or (b) about a future event; or
1
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