Page:Deposit Protection Scheme Ordinance (Cap. 581).pdf/58

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DEPOSIT PROTECTION SCHEME ORDINANCE
Ord. No. 7 of 2004
A323


(c) a controller of the company; or
(d) a manager of the company;
“related company” (關連公司), in relation to a company, means—
(a) a subsidiary of the company;
(b) a holding company of the company; or
(c) a subsidiary of the holding company;
“specified date” (指明日期), in relation to a company, means—
(a) the date on which a Manager within the meaning of section 2(1) of the Banking Ordinance (Cap. 155) is appointed in respect of the company under section 52 of that Ordinance; or
(b) the date on which the petition for the winding up of the company is presented,
whichever is the earlier;”.

Banking Ordinance

2. Official secrecy

Section 120 of the Banking Ordinance (Cap. 155) is amended—

(a) in subsection (5), by adding after paragraph (g)—
“(gaa) to the disclosure of information by the Monetary Authority to the Hong Kong Deposit Protection Board established by section 3 of the Deposit Protection Scheme Ordinance (7 of 2004) for the purpose of enabling or assisting the Board to exercise its functions under that Ordinance;”;
(b) in subsection (5C), by adding “, (gaa)” after “(fa)”.

3. Grounds for revocation of authorization

The Eighth Schedule is amended by adding—

“21. The authorized institution has failed to comply with any requirement under the Deposit Protection Scheme Ordinance (7 of 2004) applicable to the institution.”.

Prevention of Bribery Ordinance

4. Public bodies

Schedule 1 to the Prevention of Bribery Ordinance (Cap. 201) is amended by adding—

“101. Hong Kong Deposit Protection Board.”.

Electronic Transactions Ordinance

5. Proceedings in relation to which sections 5, 6, 7 and 8 of this Ordinance do not apply under section 13(1) of this Ordinance

Schedule 2 to the Electronic Transactions Ordinance (Cap. 553) is amended—

(a) in paragraph (zm), by repealing the full stop at the end and substituting a semicolon;
(b) by adding—
“(zn) the Deposit Protection Appeals Tribunal established by the Deposit Protection Scheme Ordinance (7 of 2004).”.