### Reserved Commodities (Control of Imports, Exports and Reserve Stocks) Regulations 《儲備商品(進出口及儲備存貨管制)規例》

21. Inspection of stocks
(1) The Commissioner or an authorized officer may at any time enter the premises of a stockholder for the purpose of examining the reserved commodities held by the stockholder and all documents relating thereto.
(2) A stockholder shall permit the Commissioner or any authorized officer to enter any premises of the stockholder at any time for the purposes of paragraph (1) and to inspect any reserved commodities and any documents relating thereto on the premises.
(L.N. 294 of 1982)

22. Restriction on sales by wholesale by stockholder and price control
(1) The Director may by notice in writing to a stockholder of a reserved commodity—
(a) restrict the sale by wholesale of that reserved commodity by the stockholder to—
(i) registered wholesalers; or
(ii) specified registered wholesalers,
in that reserved commodity; or
(b) fix the maximum price at which the stockholder may sell that reserved commodity by wholesale—
(i) generally;
(ii) to registered wholesalers in that reserved commodity; or
(iii) to other classes of persons specified in the notice;
(c) require the stockholder to sell such quantity of the reserved commodity to such registered wholesaler or other person, as the Director may specify at a price not exceeding the maximum price fixed under subparagraph (b). (E.R. 2 of 2020)
(2) A notice under paragraph (1) may be addressed to all stockholders or to specified stockholders.
(3) A notice under paragraph (1) shall be—
(a) served on each stockholder to whom it applies; and
(b) published in the Gazette.
(4) A stockholder to whom a notice under paragraph (1) applies shall comply therewith as soon as the notice is—
(a) served on him; or
(b) published in the Gazette,
whichever is the sooner.

23. Prohibition of sales by wholesale to registered wholesaler convicted of offence against the Ordinance
(1) The Director may by notice in writing to a stockholder of a reserved commodity prohibit the sale by wholesale of that reserved commodity by the stockholder to a registered wholesaler specified in the notice on the ground that such wholesaler has been convicted of an offence under the Ordinance.
(2) Notice of a prohibition under paragraph (1) shall be served on the stockholder who shall forthwith comply with the prohibition.
(3) A copy of a notice served on a stockholder under paragraph (2) shall be served on the registered wholesaler specified in the notice.
(4) A notice under paragraph (1) may specify more than 1 registered wholesaler and be addressed to more than 1 stockholder.

### Reserved Commodities (Control of Imports, Exports and Reserve Stocks) Regulations 《儲備商品(進出口及儲備存貨管制)規例》

24. Offences in respect of applications, licences, certificates and records
(1) Any person who—
(a) in an application for a licence under regulation 11;
(b) in an application for registration as a stockholder under regulation 12; or
(c) in any record kept or return made under regulation 19,
makes any statement or furnishes any information which he knows or ought to know to be false or misleading in a material particular shall be guilty of an offence and shall be liable on conviction to a fine at level 5 and to imprisonment for 1 year.
(2) Any person who, without the authority of the Director, alters in a material particular a licence issued under regulation 11 or a certificate issued under regulation 14 shall be guilty of an offence and shall be liable on conviction to a fine at level 6 and to imprisonment for 2 years.
(E.R. 2 of 2020)

### Reserved Commodities (Control of Imports, Exports and Reserve Stocks) Regulations 《儲備商品(進出口及儲備存貨管制)規例》

25. Other offences
(1) Any stockholder who fails to comply with regulation 18 shall be guilty of an offence and shall be liable on conviction to a fine at level 6 and to imprisonment for 2 years.
(2) Any person who—
(a) contravenes regulation 3, 4, 9 or 21;
(b) fails to comply with regulation 19;
(c) fails to comply with a notice under regulation 22(1) in accordance with regulation 22(4); or
(d) fails to comply with a notice of prohibition under regulation 23(1) in accordance with regulation 23(2),
shall be guilty of an offence and shall be liable on conviction to a fine at level 5 and to imprisonment for 1 year.
(3) Any person who contravenes regulation 7 or 7A shall, unless he proves that he did not know and could not with reasonable diligence have known that the commodity accepted for export, or imported, as the case may be, was a reserved commodity, be guilty of an offence and shall be liable on conviction to a fine at level 5 and to imprisonment for 1 year. (L.N. 336 of 1981)
(4) Any person who without reasonable excuse, fails to comply with any direction of the Director under regulation 17 or with an order of the Director under regulation 20 shall be guilty of an offence and shall be liable on conviction to a fine at level 5 and to imprisonment for 1 year.
(5) Any person who fails to surrender his certificate of registration under regulation 14(7) or regulation 16(3) or (4) shall be guilty of an offence and shall be liable on conviction to a fine at level 2 and to imprisonment for 3 months.
(6) Any person who contravenes regulation 5, 6 or 8 shall be guilty of an offence and shall be liable on conviction to a fine at level 2.
(E.R. 2 of 2020)

### Reserved Commodities (Control of Imports, Exports and Reserve Stocks) Regulations 《儲備商品(進出口及儲備存貨管制)規例》

26. Transitional
(1) Any person who at the commencement of these regulations was registered under the Import and Export (Reserved Commodities) Regulations (Cap. 60 sub. leg.)* in respect of a reserved commodity shall be deemed to have been registered as a stockholder in that reserved commodity under regulation 13(1)(a). (L.N. 35 of 2003)
(2) Any provision of regulation 5, 6 or 8 requiring that information given under those regulations be given by using a recognized electronic service shall, in respect of the period specified in paragraph (3), but subject to any determination made under section 14(2)(a) of the Ordinance or notice published under section 15(2) of the Ordinance, be construed as requiring that the information be given either in paper form or by using a recognized electronic service. (L.N. 35 of 2003)
(3) The period specified for the purposes of paragraph (2) is the period beginning with the commencement† of the Reserved Commodities (Control of Imports, Exports and Reserve Stocks) (Amendment) Regulation 2003 (L.N. 35 of 2003) and ending at midnight on a date to be specified by the Director for the purposes of this paragraph by notice published in the Gazette**. (L.N. 35 of 2003; L.N. 207 of 2005)
(4) A notice published under paragraph (3) may specify different dates in relation to different classes of persons or information. (L.N. 35 of 2003)
(5) A notice published under paragraph (3) is subsidiary legislation. (L.N. 35 of 2003)

Editorial Note:
* Repealed—see 12 of 1978 s. 14.
† Commencement date: 11 April 2003.
** See L.N. 32 of 2006.

### Reserved Commodities Ordinance 《儲備商品條例》

1. Short title
This Ordinance may be cited as the Reserved Commodities Ordinance.