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2 -

of the Executive Council on specific proposals

as soon as is practicable.

In doing so we

must bear in mind that there are some 160 recommendations

and that many issues are complex.

4.

The Securities Review Committee consulted

widely, both locally and overseas, before formulating

their proposals.

Interested parties and the

general public will now have the opportunity

to express their views on the findings and

recommendations contained in the report. Any

one who wishes to comment on the findings of

the report should write to the Secretary for

Monetary Affairs by 4 July 1988.

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