Hong Kong Ordinances

LEGAL TENDER NOTES ISSUE ORDINANCE - SECT 2

Interpretation

In this Ordinance, unless the context otherwise requires-

"bank" (銀行) includes any person, partnership, or company carrying on the
business of banking within Hong Kong;

"legal tender notes" (法定貨幣紙幣)-

   (a)  means-

        (i)    currency notes issued in Hong Kong by the Financial Secretary
               pursuant to section 3(1); and

        (ii)   bank notes issued in Hong Kong by a note-issuing bank in
               accordance with the terms and conditions (if any) to which its
               authorization (or deemed authorization) under section 3(2) is
               subject; and

   (b)  includes any bank notes which were legal tender pursuant to this
        Ordinance as in force immediately before the commencement of the Bank
        Notes Issue (Amendment) Ordinance 1995 (98 of 1995);

"note-issuing bank" (發鈔銀行) means a bank which is-

   (a)  authorized (or deemed to be authorized) under section 3(2); and

   (b)  specified in the Schedule for the purposes of this definition.
        (Replaced 98 of 1995 s. 4)

"bank" (銀行)

"legal tender notes" (法定貨幣紙幣)

"note-issuing bank" (發鈔銀行)