Telecommunications Ordinance Part 3A 3A-24 Section 13K Cap. 106 Part V of that Ordinance, (Replaced 5 of 2002 s. 407) by way of security only for the purposes of a transaction entered into in the ordinary course of his business as such a person. (5) In subsection (4)(b) authorized financial institution (認可財 務機構) means an authorized institution within the meaning of the Banking Ordinance (Cap. 155). 13K. Directions by Authority (Amended 17 of 2011 s. 28) (1) Where any transaction, settlement, agreement or understanding (whether having legal effect or not) has been entered into, the effect of which is to constitute a contravention of section 13G, 13H, or 13I, the Authority may with respect to the voting shares which are the subject of the transaction, settlement, agreement or understanding in question—  (Amended 17 of 2011 s. 28) (a) direct, by notice in writing served on the licensee, that the voting rights which those voting shares carry, notwithstanding anything contained in the articles of association of the licensee or any provision of the laws of Hong Kong apart from this subsection, shall not be exercised in relation to any matter at general meetings of the licensee for such period as may be specified in the notice; (b) serve on any person having any right, title or interest to or in such voting shares a notice in writing directing that person, within a period specified in the notice and beginning on the date of receipt by him of the notice (being a period of not less than 60 days), to transfer or otherwise to dispose of such right, title or interest Last updated date 20.4.2018