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THURSDAY, wind....

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THEY DECIDED THAT THE PRINCIPLE OF THE GREEN PADED CHOULD BE TAKEN AS BEING ACCEPTABLE BUT WOULD LIKE THE COMMITTEE ON HOUSING SUBSIDY TO CONSIDER THE DETAILS OF COMMENTS MADE.

+ IT WAS APPRECIATED THAT THE COMMITTEE WILL NEED SOME TIME TO ACCOMPLISH THE TASK OF SCRUTINISING ALL DETAILS OF MAKING RECOMMENDATIONS, THE DEPUTY DIRECTOR (ESTATE MANAGEMENT), MR FUNG TUNG SAID.

ALL MEMBERS, HE SAID, AGREED THE REPORT WAS COMPREHENSIVE AND FACTUAL.

MR FUNG SAID THAT THE REPORT WILL BE PRINTED IN CHINESE AND ENGLISH AND PUT ON SALE FOR MEMBERS OF THE PUBLIC INTERESTED IN THE SUBJECT.

HE POINTED OUT THAT FOR VARIOUS REASONS, CHIEF OF WHICH BEING REQUESTS FOR CONFIDENTIALITY, SUBMISSIONS AND REPRESENTATIONS CANNOT BE MADE PUBLIC.

+HOWEVER, THESE WILL BE MADE AVAILABLE FOR INSPECTION BY MEMBERS OF THE HOUSING AUTHORITY AND UMELCO, HE ADDED.

SPECIAL TAVA FUND FOR ACCIDENT VICTIMS

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THE GOVERNMENT ANNOUNCED TODAY (THURSDAY) DETAILS OF A SPECIAL FUND TO PAY COMPENSATION TO THIRD PARTY VICTIMS OF TRAFFIC ACCIDENTS INVOLVING MOTOR VEHICLES INSURED WITH INSURANCE COMPANIES WHICH HAVE BECOME INSOLVENT.

THE FUND, APPROVED BY THE LEGISLATIVE COUNCIL YESTERDAY, IS A ONE-OFF SUPPLEMENT TO THE TRAFFIC ACCIDENT VICTIMS ASSISTANCE SCHEME DESIGNED TO COVER TRAFFIC ACCIDENT CLAIMS AGAINST FIVE INSOLVENT COMPANIES, NAMED AS SINGAPORE INSURANCE CO. LTD.. KYOTO INSURANCE LTD., SCOTLAND INSURANCE CO. LTD.. CHINA UNDERWRITERS LIFE AND GENERAL INSURANCE CO. LTD., AND BEDFORD INSURANCE CO. LTD.

A GOVERNMENT SPOKESMAN SAID THAT ANY THIRD PARTY WHO HAS AN OUTSTANDING CLAIM FOR INJURIES OR (IN THE CASE OF A DEPENDENT) DEATH ARISING FROM A TRAFFIC ACCIDENT INVOLVING A MOTOR VEHICLE INSURED WITH ONE OF THESE COMPANIES, AND WHO HAS NOT RECEIVED THE FULL DAMAGES DUE TO HIM FROM THE INSURANCE COMPANY, IS ELIGIBLE TO APPLY FOR AN EX-GRATIA PAYMENT UNDER THE SCHEME.

ALL APPLICATIONS ARE BEING PROCESSED BY THE LEGAL AID DEPARTMENT AND WILL BE SUBMITTED TO A COMMITTEE FOR CONSIDERATION HOWEVER, NO EX-GRATIA AND ASSESSMENT OF THE AMOUNT OF THE CLAIM. PAYMENT WILL EXCEED THE AMOUNT LEGALLY PAYABLE BY THE INSURER IF THE INSURER HAD BEEN SOLVENT.

/APPLICANTS SHOULD

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