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WEDNESDAY, JANUARY 19, 1983
IT WAS AGREED THAT THE DISCLOSURE REQUIREMENT WOULD BE CONFINED TO THE AGGREGATE AMOUNT OF EMOLUMENTS FOR THE THREE HIGHEST PAID DIRECTORS.
THE BILL ALSO EMPOWERS THE INSURANCE AUTHORITY TO REQUIRE INSURANCE COMPANIES TO MAINTAIN ASSETS IN HONG KONG TO MEET THEIR DOMESTIC LIABILITIES.
BUT NO ACCOUNT WAS TO BE GIVEN TO THE REINSURANCE ARRANGEMENTS WHICH MIGHT BE MADE BY THE INSURANCE COMPANIES CONCERNED, MR LC SAID.
IT WAS SUBSEQUENTLY AGREED THAT THE AUTHORITY WOULD BE REQUIRED TO HAVE REGARD TO THE INSURER'S ARRANGEMENTS FOR THE REINSURANCE OF RISKS WITH OTHER PROPERLY MANAGED REINSURANCE FIRMS.
MR LO ALSO EXPRESSED CONCERN THAT THE BILL DID NOT SEEK TO REGULATE THE CONDUCT OF INSURANCE BROKERS.
HOWEVER, HE ADDED: THE LAW REFORM COMMISSION HAS ESTABLISHED A SUB-COMMITTEE TO STUDY THIS QUESTION AND WE EAGERLY AWAIT THE RESULT OF ITS LABOURS.
*WE HAVE RECOMMENDED THAT UNTIL THEN THE WHOLLY INADEQUATE PROVISIONS RELATING TO 'MAIN AGENTS' SHOULD BE DELETED.+
DEBATE ON THE BILL WAS FURTHER ADJOURNED.
MUCH DONE TO PROMOTE MORAL EDUCATION
***
MUCH PROGRESS HAS BEEN MADE OVER THE LAST TWO YEARS BY THE EDUCATION DEPARTMENT IN PROMOTING MORAL EDUCATION IN SCHOOLS THE DIRECTOR OF EDUCATION, THE HON COLVYN HAYE, SAID TODAY AT THE LEGISLATIVE COUNCIL.
+THIS HAS COVERED ALL ASPECTS OF THE SUBJECT - GUIDELINES, CURRICULUM, TEACHING MATERIALS, ADVISORY SERVICES, TEACHER PREPARATION, SEMINARS, CONFERENCES AND THE MONITORING OF BEHAVIOUR IN SCHOOLS, MR HAYE SAID IN REPLY TO A QUESTION FROM THE HON WONG LAM.
MR HAYE SAID THAT FOLLOWING GROWING CONCERN TWO YEARS AGO FROM RELIGIOUS LEADERS AND THE PUBLIC ABOUT AN APPARENT EROSION OF TRADITIONAL SOCIAL VALUES AMONG THE YOUNG, SEMINARS WERE ORGANISED FOR HUNDREDS OF SECONDARY AND PRIMARY SCHOOL HEADS AS WELL AS PROFESSIONAL EDUCATORS.
GUIDELINES ON MORAL EDUCATION IN SCHOOLS WERE ISSUED TO SCHOOLS ON THE ADVICE OF THE CURRICULUM DEVELOPMENT COMMITTEE WITH THE ENDORSEMENT OF THE BOARD OF EDUCATION.
/+THERE FULLOWED
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