Common use of Client Money Standing Authority Clause in Contracts

Client Money Standing Authority. 26.1 In regards to 《 Standing Authority for Fund Withdrawal 》 , the Client authorizes WLSL for fund withdrawal from any independently opened cash securities account/margin securities account/futures account/internet trading account of the Client at WLSL in accordance to the Securities and Futures (Client Money) Rules, and deposit into the bank account(s) designated by the Client without any prior notice or confirmation and/or instructions obtained from the Client.

Client Money Standing Authority. 26.1 In regards to 《 Standing to《Standing Authority for Fund Withdrawal 》 Withdrawal》, the Client authorizes WLSL for fund withdrawal from any independently opened cash securities account/margin securities account/futures account/internet trading account of the Client at WLSL in accordance to the Securities and Futures (Client Money) Rules, and deposit into the bank account(s) designated by the Client without any prior notice or confirmation and/or instructions obtained from the Client.