Hong Kong Regulations

TRAVEL AGENTS REGULATIONS - REGULATION 15

Interpretation of regulation 14

For the purposes of regulation 14-

   (a)  proper books of account are books of account which (in themselves or,
        if kept otherwise than in legible form, as reproduced in a legible
        form) sufficiently exhibit and explain all transactions entered into
        by the licensee in the course of the business of travel agent carried
        on by him and give a true and fair view of the state of that business;

   (b)  where any books of account are kept otherwise than by making entries
        in a bound book, adequate precautions shall be taken for guarding
        against falsification and for facilitating their discovery; and

   (c)  a statement containing the information set out in the Third Schedule
        shall be a sufficient compliance with paragraph (f) of that
        regulation. (Enacted 1985)