Hong Kong Regulations

BANKING ORDINANCE (DEPOSIT-TAKING EXEMPTIONS) (CONSOLIDATION) NOTICE - SCHEDULE 3

CONDITIONS TO WHICH EXEMPTION IS SUBJECT

[paragraph 2(c)]

1. In carrying on any business of taking deposits Jardine Matheson & Company
Limited shall not take any deposit except from-

   (a)  a company, included in a list of companies submitted to and approved
        by the Monetary Authority or which may be included in such list from
        time to time subject to the approval of the Monetary Authority; or

   (b)  any employee of any company included in such list.

2. Jardine Matheson & Company Limited shall furnish to the Monetary Authority
at any time he may require, any particulars, relating to any company included
in such list, as he may require to be furnished to him, verified in such
manner as he may require. (Enacted 1986. 94 of 1993 s. 46)