Company: GVH
Filing Date: 2025-02-12
Form Type: 20-F
Source: 0001493152-25-006117
Chunk: 83

Company: Globavend Holdings Ltd
Filing Date: 2025-02-12
Form: 20-F
Item: Item 3
Chunk 83
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 legal requirements for safe use, construction,
testing and examination of lifting gear and lifting appliance used for lowering or raising or as a means of suspension in any industrial
undertaking (the “ Lifting Equipment”). Every employer providing lifting equipment for use at work, and every person having
control of such use, should observe and ensure compliance with the regulation. In particular, the lifting equipment must be sufficiently
strong, properly maintained, and thoroughly examined by a competent examiner at least once every twelve months and certified by the competence
examiner in an approved form as being in a safe working order; the lifting equipment should not be loaded beyond the maximum safe working
load; and that no load is left suspended from a lifting appliance unless a competent person is in charge of the lifting appliance during
the period of suspension.

Depending on the offence,
different levels of penalty are imposed for contraventions of these regulations. The penalties for committing an offence under the Factories
and Industrial Undertakings (Lifting Appliances and Lifting Gear) Regulations range from a fine at HK$100,000 to HK$400,000, and imprisonment
of up to twelve months.

Factories and Industrial Undertakings
(Loadshifting Machinery) Regulations (Chapter 59AG of the Laws of Hong Kong)

These regulations
regulate the use and operation of loadshifting machine. Loadshifting machine used in industrial undertaking as defined in the regulations
includes fork-lift truck.

Regulations 3 and
4 impose duties on the responsible person to (i) ensure that the loadshifting machine shall be operated by a person aged 18 or above
and holding a valid certificate applicable to the type of loadshifting machine that that person is instructed to operate, (ii) provide
every employee instructed to operate the loadshifting machine a training course conducted for the relevant type of loadshifting machine,
and (iii) if the employee fails to obtain a certificate following the training course, the employer is responsible to provide an additional
training course. The meaning of responsible person, in these regulations and the context of industrial undertaking, is a person having
the management or in charge of the machine, but excluding the person operating the machine.

A responsible person
without reasonable excuse contravenes the duty imposed by Regulation 3 or 4 is liable to a fine of HK$100,000.

Regulations Related to Intellectual
Property

Copyright Ordinance (Chapter 528 of
the Laws of Hong Kong)

The Copyright Ordinance
protects