CENSUS AND STATISTICS (ANNUAL SURVEY OF BANKS, DEPOSIT-TAKING COMPANIES AND REPRESENTATIVE OFFICES OF FOREIGN BANKS) ORDER

CENSUS AND STATISTICS (ANNUAL SURVEY OF BANKS, DEPOSIT-TAKING COMPANIES AND REPRESENTATIVE OFFICES OF FOREIGN BANKS) ORDER

CENSUS AND STATISTICS (ANNUAL SURVEY OF BANKS,
DEPOSIT-TAKING COMPANIES AND REPRESENTATIVE
OFFICES OF FOREIGN BANKS) ORDER

(Cap. 316, section 11)

[14 January 1983.]

1. This order may be cited as the Census and Statistics
(Annual Survey of Banks, Deposit-taking Companies and Repre-
sentative Offices of Foreign Banks) Order.

2. In this order, unless the context otherwise requires-

'bank' means a bank licensed under the Banking Ordinance;

'business undertaking' means any of the following -

(a) a bank;

(b) a deposit-taking company;

(c) a representative office of a foreign bank;

'deposit-taking company' means a registered deposit taking or
a licensed deposit-taking company under the Deposit-taking
Companies Ordinance;

'survey' means the statistical survey referred to in paragraph 3;

'survey period' means the survey period specified in or under
paragraph 6.

3. A statistical survey shall be carried out by the Commissioner
every year in respect of business undertakings in Hong Kong
for the purpose of compiling statistics relating to banks, deposit-
taking companies and representative offices of foreign banks in the
survey period.

4. For the purpose of the survey, the particulars specified in the
Schedule shall be given in respect of business undertakings for the
survey period and shall, not later than 30 June following the survey
period, be furnished to the Commissioner in accordance with such form
of questionnaire as the Commissioner may issue for that purpose.

5. The particulars required to be given under paragraph 4 in respect
of a business undertaking shall be given by a director, secretary or other
person concerned in the management thereof.

6. For the purpose of this order, the survey period shall be the
calendar year immediately preceding the year on which the survey is
carried out or such other period of 12 consecutive months





commencing in that calendar year and ending not later than 31 March of
the following year as the Commissioner may specify in any particular
case.

7. The use of sampling methods for the collection of particulars
relevant to the survey is hereby authorized.

8. This order shall apply in relation to a business undertaking
notwithstanding that it commenced business after the commencement of
the survey period or ceased to carry on business during that period.

9. All completed schedules collected or received by census officers
for the survey and all copies thereof shall be destroyed not later than 30
June of the fourth year following the survey period in question.

SCHEDULE [para. 4.]

PARTICULARS REQUIRED TO BE GIVEN IN RESPECT OF BUSINESS
UNDERTAKINGS

A. Banks and Deposit-taking Companies

(1)Receipts for the provision of services to parents, branches, subsidiaries and
associates located outside Hong Kong.

Payments for services rendered by parents, branches, subsidiaries and
associates located outside Hong Kong.

Other expenses incurred outside Hong Kong including operating expenses
of representative offices located outside Hong Kong.

(2)Commissions and fees received in respect of credit, loan (excluding
syndicated loans) and bill transactions, such as advising, opening and
confirming documentary credits and collection of bills.

Charges received in respect of current account operations, executor and
trustee services, guarantees, portfolio management, remittances and
merchant banking advisory services.

Commissions and fees received in respect of syndication of loans.

(3)Service charges, commissions, fees and rental income received, less banking
service charges, commissions and fees paid.

Interest received less interest paid.
Profit or loss from foreign exchange dealing.

Dividends received and profit or loss from trading in
securities. Wages and salaries paid and other employee
benefits offered.

Rents paid.
Office stationery and supplies purchased.

Advertising, promotion, communication and entertainment
expenses. Staff travelling expenses.

Business consultancy and other professional fees and insurance premiums
paid less claims received.

Miscellaneous administrative expenses.

B. Representative Offices of Foreign Banks

Wages and salaries paid and other employee benefits offered to staff






located in Hong Kong.

Other operating expenses.
L.N. 7/83. Citation. Interpretation. (Cap. 155.) (Cap. 328.) Survey of business undertakings. Particulars to be given. Schedule. Persons required to give particulars. The survey period. Sampling methods may be used. Application of order in certain cases. Date for destruction of schedules.

L.N. 7/83. Citation. Interpretation. (Cap. 155.) (Cap. 328.) Survey of business undertakings. Particulars to be given. Schedule. Persons required to give particulars. The survey period. Sampling methods may be used. Application of order in certain cases. Date for destruction of schedules.

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