Page:Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) Ordinance (Cap. 615).pdf/104

Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) Ordinance Schedule 2 Part 1 Rh Requirements Relating to Customer Due Diligence and Record-keeping Part 1 Interpretation 1. Interpretation

(1) In this Schedule—

beneficial owner (實益擁有人)—
 * (a) in relation to a corporation—
 * (i) means an individual who—
 * (A) owns or controls, directly or indirectly, including through a trust or bearer share holding, not less than 10% of the issued share capital of the corporation;
 * (B) is, directly or indirectly, entitled to exercise or control the exercise of not less than 10% of the voting rights at general meetings of the corporation; or
 * (C) exercises ultimate control over the management of the corporation; or
 * (ii) if the corporation is acting on behalf of another person, means the other person;
 * (b) in relation to a partnership—
 * (i) means an individual who—