2
Wednesday, August 1, 1973
Earlier, Mr. Woo said that there were doubts standing in the way
of an organiser who wished to deal ad interim in commodities other than
those listed in the schedule of the bill.
Any initiative to provide such a market, he said, was likely to
be considerably inhibited by one of the clauses in the bill which enables
the Governor to add to the list of prohibited items by a notice in the gazette.
He pointed out that undue hardship for both the market and the
traders could be caused if the government could, without advance notice,
suddenly decide that trading in the futures of any unspecified commodity
was no longer to be allowed.
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