Read the full judgment text of CAAR 000013/1998 on BabelCite. This Court of Appeal judgment was delivered on 2 March 1999.
1. The respondent faced one count of carrying on a business of taking deposits, without being an authorized institution, contrary to section 12(1) and (6) of the Banking Ordinance. He pleaded guilty to that charge before Judge Wilson and was sentenced to imprisonment for six months.