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Chapter: | 571
![]() | Title: | Securities and Futures Ordinance | Gazette Number: | L.N. 12 of 2003 |
| Section: | 29 | Heading: | Direction to cease to provide facilities or services in emergencies | Version Date: | 01/04/2003 |
(1) In addition to the powers of the Commission under section 28, the Commission may, after consultation with a recognized exchange company, by notice in writing served on the company, direct the company to cease to provide or operate such facilities or cease to provide such services as are specified in the notice for a period not exceeding 5 business days.
(2) The Commission may only serve a notice under subsection (1) if it is of the opinion that the orderly transaction of business on the stock market or futures market (as the case may be) is being, or is likely to be, impeded because-