2
Mr. TAM (in Cantonese):
Sir, the Secretary for Education
and Manpower has given a very detailed answer to this
Council but
according to the workers' experience,
after the liquidation of a company the assets left behind are usually
quite little and would be inadequate to pay all the
workers. What solutions will be forthcoming?
SECRETARY FOR EDUCATION AND MANPOWER:
Sir, it is because Protection of Wages on set up the Insolvency
of this problem that we did, in fact,
Fund in 1985 to provide some relief to the workers.
Dr. HO: Sir, may I refer to the fifth part of the
penultimate paragraph of the answer and
ask
when
is
If so,
the owner of a company ceases business whether the ·
company/ required to report to the relevant Government
department under the existing Companies Ordinance?
will the Government check whether the company has paid the
debts owed by that company?
SECRETARY FOR ECUCATION AND MANPOWER:
Sir, I am not quite-
sure what the legal position is on this. I will consult
and give a written reply. (See Annex III)
Mr. ANDREW WONG: Sir, I am very happy that there are five
legal remedies for the problem, but may I know
which
departments are involved in enforcing all
these five remedies? If it is only the Registrar General's
Department and the Labour Department, do they have adequate
manpower to do so? And also is the Commercial Crime Bureau