TUESDAY, MARCH 22, 1988
THE ANNUAL FEE IS DETERMINED BY THE GOVERNOR IN COUNCIL.
"FOR THE THIRD YEAR OF OPERATION, THAT IS, 1988-89, THE FEE HAS BEEN SET AT $14.5 MILLION.
ANNUAL
וי
"THIS FEE HAS BEEN CALCULATED TO RECOVER COSTS INCURRED BY OFFICE
THE COMMISSIONER OF
FOR
IN REGULATING THE SECURITIES ACTIVITIES OF THE STOCK EXCHANGE, THE SPOKESMAN SAID.
THE
HE ADDED THAT THE SECURITIES COMMISSION HAD BEEN CONSULTED CONSIDERED THE FEE APPROPRIATE.
AND
THE "IN ADDITION TO PROVIDING EXECUTIVE SUPPORT TO
FOR RESPONSIBLE COMMISSION, THE COMMISSIONER'S OFFICE IS THE TRADING AND OTHER ACTIVITIES OF THE STOCK EXCHANGE.
SECURITIES REGULATING
"WHILE FEES ARE LEVIED ON SOME OF THESE SERVICES INCLUDING REGISTRATION OF BROKERS AND DEALERS, SERVICES SUCH AS THE PROCESSING OF LISTING RULES AND MATTERS CONCERNING AND INVESTIGATIONS.
THE
LEVIED ON OTHER THE STATUTORY SURVEILLANCE
IS NO FEE APPLICATION UNDER
MARKET TAKEOVERS,
"THE FEE OF $14.5 MILLION WILL RECOVER THE
SUCH SERVICES," THE SPOKESMAN SAID.
COST OF PROVIDING
THIS THE SPOKESMAN POINTED OUT THAT IN DETERMINING THE FEE FOR
POSITION OF THE YEAR, FULL ACCOUNT HAD BEEN TAKEN OF THE FINANCIAL
OF EXCHANGE COMPANY AND IT SHOULD NOT LEAD TO AN INCREASE IN THE RATE TRANSACTION LEVY PRESENTLY BORNE BY INVESTORS.
TRAINING HELPS SPUR JEWELLERY INDUSTRY
PROVIDED BY THE TRAINING IN BETTER CRAFTSMANSHIP FOR WORKERS JEWELLERY
TRAINING INDUSTRY
CENTRE OF THE VOCATIONAL TRAINING
FOR ACCOUNTING
THE SUCCESS OF HONG COUNCIL IS ONE OF THE FACTORS
AND INDUSTRY, MR KONG'S JEWELLERY INDUSTRY, THE SECRETARY FOR TRADE HAMISH MACLEOD, SAID TODAY (TUESDAY).
THE
CENTRE, WHICH RUNS
INDUSTRY-WIDE
GOLDSMITH
TECHNIQUES
IN
PROVIDES
PLACES FOR
AND 105 CRAFTSMEN
PRECIOUS
STONE
TRAINING SETTING,
COURSES IN
BUT EVENTUALLY
AT WILL
PRESENT
PROVIDE
TRAINING FACILITIES FOR 150 CRAFTSMEN EACH YEAR.
SPEAKING AT
THE HONG
ORGANISED BY THE HONG
NOTED THAT HONG KONG RECOGNISED JEWELLERY MANUFACTURING CENTRE.
KONG JEWELLERY DEVELOPMENT KONG TRADE
A HAD NOW BECOME
GALA
MAJOR
SHOW
MR COUNCIL,
AND INTERNATIONALLY
EVENING
MACLEOD
/"THE SIZE