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PARLIAMENTARY QUESTION
25 June 1975
for WRITTEN answer on....
TIKIUD
The draft reply should reach the Parliamentary Office through your Under-Secretary by
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THURSDAY £6 JUNIS.
I 'Co Mr Stanley Newens (Harlow): To ask the Secretary of State for Foreign and Commonwealth Affairs, if he will initiate steps to provide for the reform of company law in Hong Kong to bring regulations on disclosure and company accounts into line with current practice in the United Kingdom.
With effect from October 1975, the relevant Hong Kong law will be similar to that in Britain, with only some variations. These relate mainly to private companies, which with some exceptions need not comply with the new accounting provisions, and to the disclosure of directors' interests, where the requirements are less detailed.
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