Companies Ordinance Cap 32
Section Num: 79D Version Date 30/06/1997
Exemption of certain companies
The Financial Secretary may, on the application of any listed company whose principal business consists of investing its funds in securities, land or other assets with the aim of spreading investment risk and giving its members the benefit of the results of the management of the assets, modify or exempt in relation to that company any of the requirements of sections 79B and 79C, subject to such terms and conditions as he may consider appropriate.
[cf. 1985 c. 6 s. 267 U.K.]
(Part IIA added 77 of 1991 s. 6)