HONG KONG LEGISLATIVE COUNCIL —15 March 1989

香港立法局

·九八九年三月十五日

INSURANCE COMPANIES (AMENDMENT) BILL 1989

73

Resumption of debate on Second Reading which was moved on 22 February 1989

Question proposed.

At this point, the following Members declare their interest:

Mr. Allen LEE as a director of an insurance company.

Mr. HO Sai-chu as a director, a general manager and a shareholder of an insurance company.

Mr. David LI as a director of an insurance company.

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).

MONEY CHANGERS (DISCLOSURE OF RATES, CHARGES AND COMMISSIONS) (AMENDMENT) BILL 1989

Resumption of debate on Second Reading which was moved on 25 January 1989

Question proposed.

MR. CHUNG: Sir, the Money Changers (Disclosure of Rates, Charges and Commissions) (Amendment) Bill 1989 seeks to make a number of amendments to the existing Ordinance.

A Legislative Council ad hoc group was formed to study the Bill and to consider representations. A number of queries and suggestions were made to the Administration by the ad hoc group. Response by the Administration has resulted in certain amendments to the Bill which will further improve the Bill. My colleagues, the Honourable Martin BARROW and the Honourable Mrs. Peggy LAM will move those amendments.

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