HKLII Hong Kong Ordinances

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DEPOSIT PROTECTION SCHEME ORDINANCE - LONG TITLE

Long title

An Ordinance to provide for the establishment of a Hong Kong Deposit
Protection Board; to provide for the establishment by the Board of a Deposit
Protection Scheme for the purpose of providing compensation to depositors
under certain circumstances in respect of deposits maintained with banks that
are members of the Scheme; to provide for the establishment of a Deposit
Protection Scheme Fund from which such compensation is to be paid; to provide
for contributions to the Fund and for the entitlement to, and payment of,
compensation from the Fund; to make consequential and other amendments to
other Ordinances; and to provide for connected purposes.

[Sections 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 14, 16, 17, 18, 19, 20, 21, 46, 47,
49, 50, 51, 53 and 54
Section 55 (in so far as it relates to sections 2, 4 and 8 of Schedule 5)
Schedules 1 and 2
Sections 2, 4 and 8 of Schedule 5
}
}
}

		22 May 2004      L.N. 101 of 2004
Sections 40, 41, 42, 43, 44, 45 and 52
Section 55 (in so far as it relates to section 5 of Schedule 5)
Schedule 3
Section 5 of Schedule 5

}
}
}

14 January 2005 L.N. 188 of 2004
Sections 11, 12, 13 and 48
Section 55 (in so far as it relates to section 3 of Schedule 5)
Section 3 of Schedule 5 }
}

25 February 2005 L.N. 219 of 2004
The remianing provisions } 25 September 2006 L.N. 110 of 2006]

(Originally 7 of 2004)



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