35

114.

A novel feature of the scheme is that it is to be

self-financing. Successful litigants will pay a proportion of their damages into a fund from which the costs of unsuccessful actions and administrative expenses will be met.

115.

It is not a complete remedy remain outside the ambit of legal aid

-

-

some will still

but it is clearly a

step in the right direction. I am therefore grateful for the support given to its introduction by members of both the Bar Association and the Law Society.

(8)

CONCLUSION

116.

Honourable members, when I spoke to you last year

the outlook was an uncertain one. That picture has now

changed.

117.

Hong Kong cannot expect to be immune from the problems which must face any economy as exposed as ours to

the international economic climate. But our economy is

strong. Our exchange rate is stable. We have near to full employment. Most important of all much of the uncertainty about our future which cast such a long shadow over our lives

has been removed. The drive, vitality and enterprise of this community had been held in check by that uncertainty.

Now we

can move ahead again.

118.

I have no doubt that in the year ahead Hong Kong will continue to show the same qualities of resolution

and good sense which carried it through the last two

momentous years.

But we shall need more than that. We shall

attributes, a

which we

need those other traditional Hong Kong

determination to respond to the challenges with

are

/faced

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