CONFIDENTIAL

FINANCIAL AND STAFFING IMPLICATIONS

There are no financial or staffing implications.

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XCC(93)106

PUBLIC CONSULTATION

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As the Bill seeks only to clarify what is uncertain to the business and legal community, consultation is not considered necessary.

PUBLIC REACTION

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The legal profession and the business community will welcome the Bill. We do not expect the general public to be interested.

PUBLICITY

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Subject to Members' approval of the recommendation at paragraph 2, a Legislative Council Brief will be issued. A press release will be issued on 9 July 1993.

ATTENDANCE

Mr M.D. CARTLAND

Mrs E. HUI

Miss E. WU

Secretary for Financial Services

Principal Assistant Secretary (Financial Services)

Assistant Principal Crown Counsel

21 June 1993 [G4/23C (92)]

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