Company: GVH
Filing Date: 2025-02-12
Form Type: 20-F
Source: 0001493152-25-006117
Chunk: 86

Company: Globavend Holdings Ltd
Filing Date: 2025-02-12
Form: 20-F
Item: Item 3
Chunk 86
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 (General) Regulations to the place specified opposite thereto in the third column of the schedule except under and
in accordance with an export license issued by the Director-General of Trade and Industry under section 3 of the Import and Export Ordinance.

Any person who contravenes
section 6C or 6D of the Import and Export Ordinance in respect of any article specified in Part 1 of Schedule 1 or Part 1 of Schedule
2 to the Import and Export (General) Regulations (Chapter 60A of the Laws of Hong Kong) shall be liable on conviction to a fine of HK$500,000
and to imprisonment to two years. Any person who contravenes section 6C or 6D of the Import and Export Ordinance in respect of any article
specified in Part 2 of Schedule 1 or Part 2 of Schedule to the Import and Export (General) Regulations (Chapter 60A of the Laws of Hong
Kong) shall be liable to a fine of $500,000 and to imprisonment for two years on summary conviction, or a fine of $2,000,000 and to imprisonment
for seven years on conviction on indictment.

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  Table of Contents  

Import and Export (Registration) Regulations
(Chapter 60E of the Laws of Hong Kong)

Regulation 3 of the
Import and Export (Registration) Regulations (“ Import and Export Regulations”) sets out exemptions in respect of regulations
4 and 5.

Pursuant to regulation
4 of the Import and Export Regulations, every person, including company, who imports any article other than an exempted article shall
lodge with the Commissioner of Customs and Excise an accurate and complete import declaration relating to such article using services
provided by a specified body, in accordance with the requirements that the Commissioner of Customs and Excise may specify. Every declaration
required to be lodged shall be lodged within 14 days after the importation of the article to which it relates.

Regulation 5 of the
Import and Export Regulations requires that every person who exports or re-exports any article other than an exempted article shall lodge
with the Commissioner of Customs and Excise an accurate and complete export declaration relating to such article using services provided
by a specified body, in accordance with the requirements that the Commissioner of Customs and Excise may specify. Every declaration required
to be lodged shall be lodged within 14 days after the exportation of the article to which it relates.

Any person