Contents of Section

Chapter:

571H PDFTitle:Securities and Futures (Client Securities) RulesGazette Number:E.R. 2 of 2012
Section:2Heading:InterpretationVersion Date:02/08/2012


In these Rules, unless the context otherwise requires-
agreement in writing (書面協議) means a term in a client contract that is in writing;
approved custodian (核准保管人) means a company or non-Hong Kong company approved by the Commission under section 11 as being suitable for the safe custody of client securities and securities collateral of an intermediary; (30 of 2004 s. 3)
asset management (資產管理) has the meaning assigned to it by Part 2 of Schedule 5 to the Ordinance;
client contract (客戶合約) means any contract or arrangement between an intermediary and its client, which contains terms on which the intermediary is to provide services the provision of which constitutes a regulated activity;
dealing in futures contracts (期貨合約交易) has the meaning assigned to it by Part 2 of Schedule 5 to the Ordinance;
dealing in securities (證券交易) has the meaning assigned to it by Part 2 of Schedule 5 to the Ordinance;
linked corporation (相連法團), in relation to an associated entity of an intermediary, means a corporation-

    (a) of which the associated entity is a controlling entity;
    (b) which is a controlling entity of the associated entity; or
    (c) which has as its controlling entity a person which is also a controlling entity of the associated entity;
standing authority (常設授權) has the meaning assigned to it by section 4(1);
unconscionable (不合情理), in relation to a standing authority, means unconscionable having regard to the factors specified in section 6 of the Unconscionable Contracts Ordinance (Cap 458), as if the standing authority in question were a contract under that Ordinance.