Page:Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) Ordinance (Cap. 615).pdf/40

Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) Ordinance Part 4 Section 23 (2) In exercising its power to impose a pecuniary penalty referred to in section 21(2)(c), the relevant authority must have regard to the guidelines published by it under subsection (1).

(3) Guidelines published under subsection (1) are not subsidiary legislation.