M (91) 33
CONFIDENTIAL
466
IN ATTENDANCE
Mr
R.M.F. LAI (District)
Principal Government Town Planner
A 348
PROPOSED HONG KONG FESTIVAL IN CANADA: XCRI (91) 33
DECISION
The Council noted the contents of the
memorandum.
A349
PADS: FINANCING ARRANGEMENTS FOR
THE LANTAU FIXED CROSSING: XCCI (91) 44
DECISION
The Council noted the contents of the
memorandum.
A350
OTHER BUSINESS
BANK DEPOSIT INSURANCE SCHEME
The Financial Secretary
announced,
that in
the wake of the closure of
the Bank of Credit and
Commerce (HK) Ltd. and the resulting pressure to
establish
such a Scheme, he intended to issue a public
consultation
paper on the subject before the end of
the year. The Council's advice on the paper would be
After discussion, it was
sought prior to issue.
agreed
that the Financial
Secretary should make an