### Pensions (Special Provisions) (Customs Officers) Ordinance 《撫恤金(特別規定)(關員)條例》

4. Non-contributing officers
(1) For the removal of doubt it is declared that a public officer who, at the time when he should have become a contributor under the Widows and Orphans Pension Ordinance (Cap. 94) in respect of service as a Preventive Officer or a Customs Officer on or after 1 July 1977 and before 1 January 1978, did not become a contributor, may not subsequently become a contributor and his widow or children shall not acquire any entitlement to a pension under that Ordinance in respect of any contributions which should have been but were not paid by him as a contributor during that period.
(2) Section 28(3) of the Surviving Spouses’ and Children’s Pensions Ordinance (Cap. 79) shall apply, and be deemed always to have applied, to a Customs Officer who between the dates referred to in subsection (1) did not become a contributor under that Ordinance as it does to a Preventive Officer. (Amended 21 of 2020 s. 52)

### Money Changers Ordinance 《貨幣兌換商條例》

1. Short title
This Ordinance may be cited as the Money Changers Ordinance.
(Amended 9 of 1989 s. 3)

2. Interpretation
In this Ordinance, unless the context otherwise requires—
board (告示牌) means a device used for displaying the net rates of exchange required under this Ordinance and includes a video display screen; (Added 9 of 1989 s. 4)
buy (買入) means, in relation to a Hong Kong dollar exchange transaction, to buy foreign currency from a customer and includes an offer to buy; (Added 9 of 1989 s. 4)
currency (貨幣) includes a cheque and a traveller’s cheque;
exchange transaction (兌換交易) means a transaction between a money changer and another person relating to the exchange of different currencies;
hotel (酒店) has the meaning assigned to it by section 2 of the Hotel Proprietors Ordinance (Cap. 158);
money changer (貨幣兌換商) means a person who carries on in Hong Kong the business of exchanging currencies, not being a business which—
(a) is a service provided and operated by that person primarily for the convenience of guests of an hotel managed by him;
(b) is carried on within the hotel premises; and
(c) consists solely of transactions for the purchase by that person of other currencies in exchange for Hong Kong currency;

net rate of exchange (淨匯率) means when a money changer buys or sells Hong Kong dollars, the net price per unit of foreign currency, expressed in Hong Kong dollars, that the money changer is prepared to exchange for the foreign currency tendered or requested by the customer, after deducting all charges and commissions; (Added 9 of 1989 s. 4)
sell (賣出) means, in relation to a Hong Kong dollar exchange transaction, to sell foreign currency to a customer and includes an offer to sell; (Added 9 of 1989 s. 4)
sign (簽署) includes to affix a chop or mark; (Added 9 of 1989 s. 4)
transaction note (交易單據) means a note of an exchange transaction. (Added 9 of 1989 s. 4)

### Money Changers Ordinance 《貨幣兌換商條例》

3. Application of Ordinance
(1) Nothing in this Ordinance shall apply to—
(a) an authorized institution within the meaning of section 2 of the Banking Ordinance (Cap. 155); or (Replaced 49 of 1995 s. 53)
(b) (Repealed 49 of 1995 s. 53)(c) an exchange transaction where the amount of the currency tendered for exchange exceeds the sum of $100,000 in Hong Kong currency or the equivalent of such sum.
(2) The sum specified in subsection (1)(c) may be amended by the Chief Executive by notice in the Gazette. (Amended 65 of 2000 s. 3)

### Money Changers Ordinance 《貨幣兌換商條例》

5. Right to rescind
Where a money changer contravenes section 4 in respect of an exchange transaction the other party to the transaction may, on the ground of such contravention and without prejudice to any other right or remedy, rescind the transaction within 3 days after the date thereof.
(Amended 9 of 1989 s. 6)

6. Money changer to display rates
(1) If a money changer is prepared to enter into a Hong Kong dollar exchange transaction for any of the currencies prescribed in Schedule 3, the money changer shall maintain a board displaying the current net rate of exchange offered by him to customers for both buying and selling the currencies.
(2) If a money changer maintains more than one board displaying net rates of exchange, he shall display, on all of the boards, identical information relating to the net rates of exchange displayed.
(3) A money changer shall—
(a) provide a sufficiently large board to display the net rates of exchange in a clearly visible and legible manner to the customer; and
(b) place the board in a well lit place where the customer has an unobstructed view of the board.
(4) A money changer shall display on the board the net rate of exchange which is least favourable to the customer and may offer a net rate of exchange that is not shown on the board if the offered rate is more favourable to a customer.
(5) A money changer shall display on the board, and set out in any note issued under section 7(1), the buying and selling net rates of exchange under the headings “we buy” and “we sell” respectively.
(6) A money changer may display a net rate of exchange in multiple units of 10 or 100 units of foreign currency with a corresponding adjustment to the Hong Kong dollar figure.
(7) A money changer who contravenes this section commits an offence and is liable to a fine at level 2 and to imprisonment for 6 months. (Amended E.R. 2 of 2021)
(Replaced 9 of 1989 s. 7)