Page:Cross-boundary Movement of Physical Currency and Bearer Negotiable Instruments Ordinance (Cap. 629).pdf/15

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Cross-boundary Movement of Physical Currency and Bearer Negotiable
Instruments Ordinance

Part 2—Division 2
Ord. No. 7 of 2017
Section 8
A211

(b) for a calculation made for the purposes of section 5 or 6—means the person, or an adult accompanying the person, is required by an authorized officer to make a disclosure under section 5(2).

Division 2—Other Import or Export of CBNIs

8. CBNIs to which this Division applies

This Division applies in relation to CBNIs imported or exported on or after the commencement date of this Ordinance on a cross-boundary conveyance except—

(a) CBNIs in the possession of a person arriving in or about to leave Hong Kong on the conveyance;
(b) CBNIs—
(i) that are imported on an aircraft or vessel solely for the purpose of exporting them on the aircraft or vessel; and
(ii) that, while in Hong Kong, remain at all times on the aircraft or vessel;
(c) CBNIs that are air transhipment cargo within the meaning of section 2 of the Import and Export Ordinance (Cap. 60); and
(d) CBNIs contained in a postal packet within the meaning of section 2 of the Post Office Ordinance (Cap. 98).

9. Declaration by importers or exporters of CBNIs

(1) A person commits an offence if the person imports or exports, or causes to be imported or exported, in one batch a large quantity of CBNIs for which no declaration has been made in accordance with section 11.