Company: OCG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043484
Chunk: 50

Company: Oriental Culture Holding LTD
Filing Date: 2025-05-15
Form: 20-F
Item: Item 4
Chunk 50
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Exemption Clauses in a Contract

Control of Exemption Clauses Ordinance(Chapter 71 of the Laws of Hong Kong) (“ CECO”), which came into full effect in Hong Kong on December 1, 1990 aims to limit
the scope where the seller may limit its liability via the terms of the contracts. The CECO provides that unless the concerned terms satisfy
the test of reasonableness, a person dealing as consumer cannot by reference to any contract term be made to indemnify another person
(whether a party to the contract or not) in respect of liability that may be incurred by the other for negligence or breach of contract.

Hong Kong Laws and Regulations relating to
Obscene and Indecent Article

Pursuant to Control of Obscene and Indecent
Articles Ordinance(Chapter 390 of the Laws of Hong Kong) (“ COIAO”), which came into full effect in Hong Kong on September
1, 1987, any person who publishes, possesses for the purpose of publication or imports for the purpose of the publication, any obscene
article, whether or not he knows that it is an obscene article, may commit an offence and may be liable for a fine and imprisonment. The
COIAO provides that it may be an offence to publish any indecent article without sealing such articles in wrappers and displaying a notice
as prescribed by the COIAO. It may also be an offence to publish any indecent article to a person under 18, whether or not it is known
that it is an indecent article or that such person is under 18.

Hong Kong Laws and Regulations relating to
Copyright

Copyright Ordinance(Chapter 528 of the
Laws of Hong Kong) (“ Copyright Ordinance”), which came into full effect in Hong Kong on July 13, 2001 provides comprehensive
protection for recognized categories of work including artistic work. The Copyright Ordinance restricts certain acts such as copying and/or
issuing or making available copies to the public of a copyright work without the authorization from the copyright owner as it may constitute
primary infringement. The Copyright Ordinance provides that a person may also incur liability for secondary infringement if that person
possesses, sells, distributes or deals with a copy of a work which is, and which he knows or has reason to believe to be, an infringing
copy of work for the purposes of or in the course of any trade or business without the consent of the copyright owner.

Hong Kong