DEPOSIT PROTECTION SCHEME ORDINANCE
Ord. No. 7 of 2004
A211
Section
Page
PART 5 Compensation | ||
Division 1—Premilinary | ||
22. | Occurrence of specified event ............................................................................................................................................................................................................................................................................................................ |
A243 |
23. | Monetary Authority to report to Chief Executive in Council on occurrence of specified event ............................................................................................................................................................................................................................................................................................................ |
A245 |
24. | Specified event deemed never occurred under certain circumstances ............................................................................................................................................................................................................................................................................................................ |
A247 |
25. | Quantification date ............................................................................................................................................................................................................................................................................................................ |
A249 |
26. | Protected deposits to include portion thereof ............................................................................................................................................................................................................................................................................................................ |
A251 |
Division 2—Entitlement to compensation | ||
27. | Entitlement to compensation: general ............................................................................................................................................................................................................................................................................................................ |
A251 |
28. | Entitlement to compensation: depositors in their own right ............................................................................................................................................................................................................................................................................................................ |
A253 |
29. | Entitlement to compensation: bare trusts and client accounts ............................................................................................................................................................................................................................................................................................................ |
A255 |
30. | Entitlement to compensation: trusts ............................................................................................................................................................................................................................................................................................................ |
A255 |
31. | Restrictions on entitlement to compensation ............................................................................................................................................................................................................................................................................................................ |
A257 |
Division 3—Payment of compensation and related matters | ||
32. | Board’s duties and powers on occurrence of specified event ............................................................................................................................................................................................................................................................................................................ |
A257 |
33. | Board’s powers in relation to arrangements designed to increase amount of compensation ............................................................................................................................................................................................................................................................................................................ |
A261 |
34. | Compensation in Hong Kong dollars ............................................................................................................................................................................................................................................................................................................ |
A263 |
35. | Limits to amount of compensation ............................................................................................................................................................................................................................................................................................................ |
A263 |
36. | Interim payment ............................................................................................................................................................................................................................................................................................................ |
A263 |
37. | Recovery of payment by Board ............................................................................................................................................................................................................................................................................................................ |
A265 |
38. | Subrogation ............................................................................................................................................................................................................................................................................................................ |
A265 |
39. | Reimbursement from provisional liquidator ............................................................................................................................................................................................................................................................................................................ |
A269 |
PART 6 Review by Deposit Protection Appeals Tribunal | ||
40. | Establishment of Deposit Protection Appeals Tribunal ............................................................................................................................................................................................................................................................................................................ |
A269 |
41. | Review of decisions or assessments by Tribunal ............................................................................................................................................................................................................................................................................................................ |
A271 |
42. | Powers of Tribunal ............................................................................................................................................................................................................................................................................................................ |
A275 |
43. | Use of incriminating evidence required by Tribunal ............................................................................................................................................................................................................................................................................................................ |
A279 |
44. | Contempt dealt with by Tribunal ............................................................................................................................................................................................................................................................................................................ |
A279 |
45. | Appeal to Court of Appeal ............................................................................................................................................................................................................................................................................................................ |
A281 |