2

understand that the Financial Secretary would during this debate reaffirm that these provisions would not be implemented at the expense of the interests of the local insurance industry. I therefore look forward to

to the Financial Secretary's reaffirmation in this regard.

Sir,

With these remarks

remarksh I support the motion.

Question put and agreed to.

Bill read the Second time.

Bill committed to a Committee of the whole Council pursuant to Standing

Order 43(1).

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