Hong Kong Ordinances

DEPOSIT PROTECTION SCHEME ORDINANCE - SECT 9

Directions of Chief Executive in Council

(1) After consultation with the Chairman of the Board, the Chief Executive in
Council may, on being satisfied that it is in the public interest to do so,
give the Board such written directions as he thinks fit with respect to the
performance of any of the Board’s functions under this Ordinance.

(2) The Board shall comply with any written direction given under subsection
(1).

(3) If a written direction is given under subsection (1), a requirement under
an Ordinance that the Board shall, for the purpose of performing any of the
functions to which the written direction relates—

   (a)  form any opinion;

   (b)  be satisfied as to any matter (including existence of particular
        circumstances); or

   (c)  consult any person, does not apply for any purpose connected with the
        performance of functions pursuant to, or consequent upon, the written
        direction.