Hong Kong Regulations

EXCHANGES (SPECIAL LEVY) RULES - RULE 6

Late remission charge

If an Exchange Company fails to remit a special levy as and when required
under these rules, it is liable to pay on demand by the trustee a late
remission charge of 2 per cent above the best lending rate of The Hongkong and
Shanghai Banking Corporation Limited calculated on a daily basis during the
period of default on the amount of the late remission at the date of default.
(Enacted 1987; L.N. 333 of 1989)