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TUESDAY, OCTOBER 2, 1984
ALSO, THE NUMBER OF UNLICENSED HAWKERS TRADING IN WAN CHAI HAD DROPPED FROM 377 IN JUNE TO 197 IN AUGUST, AND THAT
IN YAU MA TEI, FROM 900 TO 867.
+WE ARE VERY ENCOURAGED BY THE ACHIEVEMENT SO FAR. HOWEVER, THERE IS NO ROOM FOR COMPLACENCY IN FACE OF CONTINUED RESISTANCE, PARTICULARLY FROM ILLEGAL HAWKERS.
*THE DEPARTMENT WILL CONTINUE TO MONITOR THE EFFECTIVENESS OF THE SCHEME CLOSELY AND A FULL ASSESSMENT WILL BE MADE BY THE END OF THE TRIAL PERIOD, HE SAID.
BANK'S NAME TO BE CHANGED ****
VARIOUS ORDINANCES WHICH CONTAIN REFERENCES TO THE CHARTERED BANK, WILL BE AMENDED TO REFLECT ITS NEW NAME OF STANDARD CHARTERED BANK.
THE AMENDMENTS ARE PROPOSED UNDER A CHARTERED BANK (CHANGE CF NAME) BILL 1984, TO BE PUBLISHED ON FRIDAY (OCTOBER 5).
THEY ARE NECESSARY BECAUSE THE CHARTERED BANK WHICH BELONGS TO THE STANDARD CHARTERED BANK GROUP, WILL BE CALLED THE STANDARD CHARTERED BANK FROM NEXT YEAR.
THE BILL WILL ALSO ALLOW THE BANK TO CONTINUE TO ISSUE ITS STOCK OF BANK NOTES BEARING ITS OLD NAME FOR AT LEAST FIVE YEARS.
IT WILL BE INTRODUCED IN THE LEGISLATIVE COUNCIL ON OCTOBER 1), AND IS EXPECTED TO RECEIVE ITS THIRD READING ON NOVEMBER 21.
COMMENTS ON ITS PROVISIONS MAY BE SENT IN WRITING TO UMELCO AT SWIRE HOUSE, 12TH FLOOR, CHATER ROAD, OR TO THE SECRETARY FOR MONETARY AFFAIRS, AT ADMIRALTY CENTRE, TOWER II, 18 HARCOURT ROAD, HONG KONG.
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