FRIDAY, SEPTEMBER 16, 1983
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GOVERNOR PRAISES MEN OF VISION'
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MEN LIKE THE FOUNDERS OF THE BANK OF EAST ASIA MUST BE GIVEN CREDIT FOR A BREADTH OF VISION WHICH FORESAW THE POTENTIAL OF THIS TERRITORY, THE GOVERNOR, SIR EDWARD YOUDE SAID TODAY.
SPEAKING AT THE OPENING OF THE HEAD OFFICE OF THE BANK AT
DES VOEUX ROAD CENTRAL TODAY, SIR EDWARD SAIDI
+THE BANK OF EAST ASIA IS 65 YEARS OLD THIS YEAR. THE BANK'S FOUNDERS WOULD SCARCELY RECOGNISE HONG KONG AS IT IS TODAY. BUT TO THEM AND TO MEN LIKE THEM MUST BE GIVEN THE CREDIT FOR A BREADTH OF VISION WHICH FORESAW THE POTENTIAL OF THIS TERRITORY AND THROUGH A READINESS TO MOVE WITH THE TIMES, THE BANK HAS. OVER THE YEARS, SUCCESSFULLY CONTRIBUTED TO AND SHARED IN THE GROWING PROSPERITY OF HONG KONG.
+THEY HAVE PLAYED THEIR FULL PART IN THE GROWTH OF THE FINANCIAL SECTOR WHICH NOW OCCUPIES SO IMPORTANT A POSITION IN OUR ECONOMY.
+TODAY WE LOOK NOT ONLY TO THE PAST BUT ALSO TO THE FUTURE. THE COMPLETION OF THIS BUILDING BEARS TESTIMONY TO THE BANK'S CONTINUING COMMITMENT TO HONG KONG AND ITS CONFIDENCE IN THAT FUTURE.
+1 CONGRATULATE THE BANK AND ITS BOARD, AND ALL WHO HAVE BEEN ASSOCIATED WITH IT. ON THE OPENING OF THESE FINE PREMISES AND WISH THE BANK CONTINUING SUCCESS IN THE YEARS AHEAD.+
POWER PROPOSED FOR CONTROL OF BUILDING WORKS
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A BILL, WHICH AIMS TO ENABLE THE BUILDING AUTHORITY TO DEAL WITH DANGEROUS BUILDING WORKS, IS PUBLISHED IN THE GAZETTE TODAY.
A GOVERNMENT SPOKESMAN SAID THAT THE EXISTING LEGISLATION PROVIDES POWERS UNDER WHICH THE BUILDING AUTHORITY MAY DEAL WITH DANGEROUS BUILDINGS BUT MAKES NO REFERENCE TO BUILDING WORKS, SUCH AS SHORING AND SCAFFOLDING.
THEREFORE, HE SAID, THERE ARE NO ADEQUATE POWERS OF CONTROL SHOULD THEY BECOME DANGEROUS.
THE SPOKESMAN SAID THAT THE BILL, KNOWN AS BUILDINGS (AMENDMENT) (NO. 2) BILL 1983, ALSO ENABLES A CLOSURE ORDER TO BE MADE TO ENABLE THE BUILDING AUTHORITY TO CARRY OUT WORKS IN PURSUANCE OF HIS STATUTORY POWERS WITHOUT ENDANGERING THOSE PRESENT.
/THE EXISTING