Hong Kong Regulations

RESERVED COMMODITIES (CONTROL OF IMPORTS, EXPORTS AND RESERVE STOCKS) REGULATIONS - REGULATION 13

Registration as a stockholder

(1) Within 14 days of the receipt by him of an application under regulation 12
for registration as a stockholder of a reserved commodity, the Director may-

   (a)  register the applicant as a stockholder of the reserved  commodity in
        respect of which the application was made; or

   (b)  give notice in writing to the applicant of his refusal so to register
        the applicant.

(2) The registration of a stockholder shall be subject to such conditions as
the Director may impose.