Hong Kong Regulations

COMPANIES (REVISION OF ACCOUNTS AND REPORTS) REGULATION - SECT 7

Approval and signature of revised directors' reports

(1) Section 129D(2) or 141D(1)(d) of the Ordinance applies to a revised
directors' report, as it applies to the original directors' report, except
that, in the case of a revision by supplementary note, it applies as if it
required a signature on the supplementary note instead of on the directors'
report.

(2) A director of a company commits an offence if, as respects a revised
directors' report, he fails to take all reasonable steps to secure compliance
with—

   (a)  section 129D(2) of the Ordinance; or

   (b)  section 141D(1)(d) of the Ordinance.

(3) A director of a company—

   (a)  who commits an offence under subsection (2)(a) is liable to
        imprisonment for 6 months and a fine of $150000; or

   (b)  who commits an offence under subsection (2)(b) is liable to
        imprisonment for 6 months and a fine at level 5.