Contents of Section

Chapter:

163A PDFTitle:MONEY LENDERS REGULATIONSGazette Number:
Regulation:10Heading:Duty to notify Registrar of changes in share holdingsVersion Date:30/06/1997

For the purposes of section 17(1) of the Ordinance, a licensee shall-

        (a) if a private company within the meaning of the Companies Ordinance (Cap 32), give notice to the Registrar in accordance with that section of any change in the number of shares in the company held by any person; or
        (b) if a company other than a private company referred to in paragraph (a), give notice to the Registrar in accordance with that section of any change in the number of shares in the company held by any person whereby the nominal value of any such voting shares held by that person exceeds 10 per centum of the nominal value of the issued voting share capital of the company.
(Enacted 1988)