}
(
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LIMITED
HONG KONG FUTURES EXCHANGE HID(TEMPORARY PROVISIONS) BILL 1988
THE FINANCIAL SECRETARY moved the Second Reading of 'A Bill to make temporary provision in respect of the holding of the third annual general meeting of the Hong Kong Futures Exchange Limited, for the laying of a profit and loss account and balance sheet before that meeting, and for purposes connected therewith'.
cap
He said:
sir,
I move that the Hong Kong Futures Exchange Limited
(Temporary Provisions) Bill 1988 be read a second time.
The purpose of this Bill is to postpone the
holding of the third annual general meeting of the Hong
Kong Futures Exchange Limited due to be held on or before
30 September 1988 by a period of up to six months.
There
is also an additional provision for the period to be
extended for a further three months by resolution of this
Council.
بود و
Among the recommendations made by the Securities
Review Committee were proposals for extensive revision of
the constitution, internal management and risk-management
structure of the Futures Exchange. In the opinion of the la committee, the installation of
the installation of the proposed reforms should
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be preconditions
Exchange.
for the continuation of
of the Futures tit.