2 Jun 2016
SECURITIES AND FUTURES COMMISSION v. C.L. MANAGEMENT SERVICES LTD AND ANOTHER
- Citation
- SECURITIES AND FUTURES COMMISSION v. C.L. MANAGEMENT SERVICES LTD AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCMA288/2015
The magistrate's acquittal was a fact‑based conclusion on whether R1 'carried on' a business; Fung Yee Man is fact‑sensitive and not per incuriam; carrying on a business under s114 is a question of fact and degree and the magistrate's finding that services were isolated 'bits and pieces' was not so perverse that no reasonable tribunal could have reached it; therefore no error of law was made and the magistrate's decision is upheld.