|571||Title:||Securities and Futures Ordinance||Gazette Number:||L.N. 12 of 2003|
|Section:||70||Heading:||Appointment of chief executive or chief operating officer of recognized exchange controller requires approval of Commission||Version Date:||01/04/2003|
(1) No appointment of a person as chief executive or chief operating officer of a company which is a recognized exchange controller shall have effect unless the appointment has the approval in writing of the Commission.
(2) Where the Commission, after consultation with the Financial Secretary and the chairman of a recognized exchange controller, is satisfied that it is appropriate to do so-