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CAP 155J BANKING ORDINANCE (DECLARATION UNDER SECTION 2(14)(b)) NOTICE 2001


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(Cap 155, section 2(14)(b)) [28 December 2001] (L.N. 297 of 2001) Cap 155J s 1 Declaration It is declared that a person is not a money broker for the purposes of the definition of "money broker" by reason only of his negotiating, arranging or facilitating, whether by electronic means or otherwise, any or both of the following- (a) the syndication of loans under which two or more persons provide credit or lend money to one or more other persons; or (b) the issue of debt securities.

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