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TUESDAY, NOVEMBER 17, 1987

THE CENTRE ALSO HAS A RESOURCE ARBA FOR ORGANISING IN-SERVICE COURSES AND SEMINARS FOR TEACHERS. PARTICIPANTS COULD ALSO USE THE FACILITIES THERE TO PRODUCE TOOLS AND EQUIPMENT FOR THE TEACHING OF TECHNICAL SUBJECTS AND ΤΟ EXPERIMENT ON NEW TECHNOLOGICAL APPLICATIONS.

NOTE TO EDITORS:

YOU ARE INVITED TO SEND YOUR REPRESENTATIVES TO COVER THE OFFICIAL OPENING OF THE TWO CENTRES AT 145 JUNCTION ROAD, LOK FU, BY THE DIRECTOR OF TECHNICAL EDUCATION AND INDUSTRIAL TRAINING, HORACE KNIGHT, AT 11 AM ON FRIDAY (NOVEMBER 20).

MR

AMENDMENTS TO MONEY CHANGERS ORDINANCE PROPOSED

PROPOSALS WERE ANNOUNCED TODAY (TUESDAY) FOR AMENDMENT OF THE MONEY CHANGERS (DISCLOSURE OF RATES. CHARGES AND COMMISSIONS) ORDINANCE.

THE ASSISTANT SECRETARY FOR TRADE AND INDUSTRY, MR STEVE BARCLAY, SAID THE MONEY CHANGERS ORDINANCE WAS ENACTED IN APRIL 1985 FOLLOWING MANY COMPLAINTS, BUT THIS HAD NOT EFFECTIVELY SOLVED THE PROBLEM.

A WORKING GROUP ON MONEY CHANGERS WAS ESTABLISHED IN NOVEMBER 1986 TO IDENTIFY AND EXAMINE THE PROBLEMS THAT REMAINED AND ΤΟ RECOMMEND A SOLUTION.

THE WORKING GROUP CONCLUDED THAT THE PROBLEM AREAS FELL INTO THREE CATEGORIES

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(A) FAILURE BY MONEY CHANGERS TO COMPLY WITH THE EXISTING

LEGISLATION;

(B) PROVISION BY MONEY CHANGERS OF FALSE OR MISLEADING

INFORMATION, AND

(C) RUDE AND IMPOLITE MANNERS OF STAFF OF MONEY CHANGERS.

/THE RECOMMEND O

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