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FRIDAY, NOVEMBER 7, 1975
PARKING ARRANGEMENTS FOR
PRESENTATION OF INSIGNIA AT
GOVERNMENT HOUSE ******
SPECIAL PARKING ARRANGEMENTS WILL BE IMPLEMENTED AT AND NEAR GOVERNMENT HOUSE ON MONDAY (NOVEMBER 10) WHEN THE GOVERNOR, SIR MURRAY MACLEHOSE, WILL PRESENT INSIGNIA TO MEMBERS OF THE COMMUNITY.
ALL CARS CARRYING GUESTS MAY ENTER BY THE MAIN GATE OF GOVERNMENT HOUSE. AFTER GUESTS HAVE ALIGHTED, VEHICLES BEARING GOVERNMENT HOUSE LABELS MAY PARK IN THE FORECOURT OR TENNIS COURTS AS DIRECTED BY POLICE OR, IF CHAUFFEUR DRIVEN, RETURN AT 11.50 A.M.
VEHICLES BEARING BLUE LABELS MUST EXIT BY THE EAST GATE AND MAY THEN PARK AT UPPER ALBERT ROAD, LOWER ALBERT ROAD, THE SLIP ROAD TO THE SOUTH OF THE UNITED STATES CONSULATE BUILDING, AND THE METERED CAR PARK BETWEEN KENNEDY ROAD AND GARDEN ROAD.
ALL VEHICLES PARKED INSIDE GOVERNMENT HOUSE SHOULD LEAVE BY THE EAST GATE. OTHER GUESTS ARE REQUESTED TO WALK TO THEIR CARS AFTER THE PRESENTATION CEREMONY.
PARKING FACILITIES IN METERED SPACES IN UPPER AND LOWER ALBERT ROADS AND AT THE METERED CAR PARK BETWEEN KENNEDY ROAD AND GARDEN ROAD WILL BE TEMPORARILY SUSPENDED FROM 9.30 A.M. TO 1 P.M. TO FACILITATE PARKING FOR INVITED GUESTS TO GOVERNMENT HOUSE.
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COMPANIES BILL
*****
DRAFT LEGISLATION TO REQUIRE REGISTERED COMPANIES IN FUTURE TO PAY FEES ON CONTRIBUTIONS TO THEIR CAPITAL IN THE FORM OF SHARE PREMIUMS WILL SHORTLY BE INTRODUCED INTO THE LEGISLATIVE COUNCIL.
THE COMPANIES (AMENDMENT) (NO. 4) BILL 1975, GAZETTED TODAY. PROVIDES THAT PREMIUMS PAID OR PAYABLE ON ANY ISSUE. OF SHARES WILL BE SUBJECT TO THE SAME AD VALOREM FEE AS IS AT PRESENT PAYABLE ON THE COMPANY'S NOMINAL SHARE CAPITAL AND INCREASES IN SUCH CAPITAL.
TO ENABLE THE REGISTRAR OF COMPANIES TO IDENTIFY CASES WHERE THIS FEE HAS TO BE PAID, COMPANIES WILL HAVE TO NOTIFY HIM IN THEIR RETURNS OF ALLOTMENT AND ANNUAL RETURNS OF THE AMOUNT OF PREMIUM PAID OR PAYABLE ON ANY PARTICULAR SHARES ISSUED.
THERE IS ALSO A PROVISION IN THE AMENDMENTS TO ENSURE THAT WHERE A COMPANY HAS PAID THE PREMIUM FEE. IT WILL NOT HAVE TO PAY A FEE ON AN INCREASE IN NOMINAL CAPITAL MADE SOLELY FOR THE PURPOSE OF CAPITALISING THE WHOLE OR ANY PART OF THAT PREMIUM.
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