HONG KONG

LEGISLATIVE COUNCIL -2 November 1988 香港立法局 ——————————一九八八年十一月二日

28

of registration employed in other jurisdictions the standing committee has recommended that the United Kingdom system should be adopted, whereby a name is registrable provided that it is not identical to that of an existing company, and there is no reservation system.

The standing committee's recommendation is now under active consideration by the Government. Subject to the advice of the Executive Council, it is our intention to introduce into this Council an amendment to the Companies Ordinance, hopefully in the current Session. At the same time, steps will be taken to upgrade the capacity of the present computer system in the Companies Registry in order to provide adequate public search facilities.

MR. PETER WONG: Sir, the number of applications can hardly be news to the registry since the delegation of the Accounting and Law Societies urged for action to tackle this very problem this time last year. Since that time there have been no improvements in that situation, can the Financial Secretary be somewhat more specific as to when the new measures will take effect and what the waiting time for names is likely to be?

FINANCIAL SECRETARY: Sir, the new system that I have described is based upon that used in the United Kingdom and will depend upon an amendment to the Companies Ordinance. As I have indicated I am hoping to introduce the amendment into this Council during this Session. I cannot be anymore precise than that at this stage. Certainly it is likely to be early in the new year, not in the present calender year. As far as the time taken under the new system is concerned, as I have indicated that they will not affect the reservation of company names, a name will be cleared hopefully very swiftly indeed in a matter of days, but I would like to turn to that further when I introduce the amending legislation.

Vegetables contaminated with toxic pesticides

7. MISS LEUNG asked: In view of the recent recurrence of suspected food poisoning cases believed to have been caused by consumption of vegetables contaminated by prohibited pesticide, will Government inform this Council whether it will review the effectiveness of the measures it has taken since the occurrence of similar incidents last year and what further measures it will take to provide effective safeguards against the danger of such vegetables?

Share This Page