Company: WCT
Filing Date: 2025-05-16
Form Type: 20-F
Source: 0001213900-25-044576
Chunk: 24

Company: Wellchange Holdings Co Ltd
Filing Date: 2025-05-16
Form: 20-F
Item: Item 4
Chunk 24
---
                                                                             

  (b)      under section 6, where the supplier is acting in the                                                                                      

Where a supplier is dealing with a party to a
contract for supply of service who deals as a consumer, the supplier cannot, by reference to any contract term, exclude or restrict any
liability of his arising under the contract by virtue of the Supply of Services (Implied Terms) Ordinance. Otherwise, where any right,
duty or liability would arise under a contract for the supply of a service by virtue of the Supply of Services (Implied Terms) Ordinance,
it may (subject to the Control of Exemption Clauses Ordinance) be negatived or varied by express agreement, or by the course of dealing
between the parties, or by such usage as binds both parties to the contract.

Regulations Related to Data Privacy

The collection and processing of personal data
in Hong Kong are governed by Personal Data (Privacy) Ordinance (Chapter 486 of the Laws of Hong Kong) (“PD(P)O”).

The PD(P)O provides the principles that a data
user must follow in any acts concerning personal data (the “Data Protection Principles”). Personal data refers to any
data (a) relating directly or indirectly to a living individual; (b) from which it is practicable for the identity of the individual
to be directly or indirectly ascertained; and (c) in a form in which access to or processing of the data is practicable.

The Data Protection Principles are summarized
as follows:

  (a)      Principle 1 — Purpose and manner of collection                                                                    

  (b)      Principle 2 — Accuracy and duration of retention                                                                      

  (c)      Principle 3 — Use of personal data. This                                                                                                   

  (d)      Principle 4 — Security of personal data. This                           

  (e)      Principle 5 — Information to be generally available. This                                                                               

  (f)      Principle 6 — Access to personal data. This                                                    

Contravention with the Data Protection Principles
may entitle the Privacy Commissioner for Personal Data to issue a written notice directing the data user to remedy and prevent recurrence
of contravention. Contravention with the above notice is an offence and the offender is liable on (i) first conviction to a fine
HK$50,000 and to imprisonment for two years, and if the offence continues after the conviction, to a daily penalty of HK$1,000;