Hong Kong Regulations

THE HONG KONG ASSOCIATION OF BANKS BY-LAWS - BYLAW 18

Procedure for election to Consultative Council

(1) If the number of members nominated under by-law 17 for election to the
Consultative Council in respect of any region set out in Schedule 1 to the
Ordinance- (30 of 1991 s. 9)

   (a)  does not exceed the number of members to be elected in respect of that
        region, then the candidates nominated for that region shall be deemed
        to have been duly elected with effect from the conclusion of the
        general meeting;

   (b)  exceeds the number of members to be elected in respect of that region,
        the election shall be determined by ballot of the members from that
        region present at the general meeting and the member or members
        receiving the largest number of votes shall be elected; and in the
        event of equality of votes the selection of the membership of the
        Consultative Council shall be determined by the drawing of lots
        between the candidates whose votes are equal;

   (c)  is less than the number of members to be elected in respect of each
        such region, a fresh election shall be held to fill any vacancy
        remaining unfilled at the conclusion of that meeting, which fresh
        election shall proceed as if it were an election held under by-law 19.

(2) If a ballot is required under paragraph (1)(b), ballot papers shall be
distributed to members present at the general meeting from the region and such
ballot papers shall list the candidates in alphabetical order and indicate the
number of members to be elected in respect of that region.

(3) Upon a ballot under paragraph (1)(b) the members from such region present
and voting at the meeting shall mark the names of the candidates nominated for
whom they vote as elected members of the Consultative Council and no member
shall, when so voting, mark more or fewer names than there are members to be
elected; and if any member shall do so its vote shall be disqualified.

(4) Ballots in respect of a region shall be counted separately and scrutineers
shall be appointed by the Chairman of the general meeting to prepare as soon
as practicable the result of the ballot showing the votes cast for each
candidate, and the scrutineers shall give the result to the Chairman who shall
announce the names of the successful candidates without revealing the votes
cast for each candidate.