January
1989
Annex D
Parties concerned to agree on arrangements.
. Drafting of a bill to set up the statutory
clearing house and perhaps the depository.
March
Discussion among the SEHK, the participating
banks and the Government on the constitution
of the proposed clearing house and perhaps
the depository.
April
May
June
July 1989
Submission of the draft bill to ExCo.
Gazetting of the bill.
•
Introduction of the bill into LegCo.
•
Enactment of the Ordinance.
2