22
WEDNESDAY, JULY 13, 1988
"THIS IS TO ENSURE THAT EVEN NON-RESIDENTS CAN COMPLY WITH THE FIVE DAYS RULE.
11
MISS TAM ALSO MOVED A COMMITTEE STAGE AMENDMENT ΤΟ CLAUSE 8 OF THE BILL, WHICH STIPULATED THAT A PERSON WAS TAKEN TO BE INTERESTED IN ANY SHARES IN WHICH HIS SPOUSE OR ANY CHILD UNDER THE AGE OF 21 OF HIS OR HIS SPOUSE WAS INTERESTED, SO THAT THE LEGISLATION WOULD BE ALONG THE LINES OF UK LEGISLATION BY DELETING REFERENCE TO THE CHILD OF HIS SPOUSE.
MEMBERS OF THE GROUP CONSIDERED THAT IT WOULD BE UNREASONABLE TO HOLD A PERSON RESPONSIBLE FOR INTERESTS HELD, FOR EXAMPLE, BY THE CHILD OF HIS SPOUSE'S FORMER MARRIAGES WHO MIGHT NOT HAVE CONTACT WITH HIM, SHE SAID.
SHE ALSO PROPOSED, FOR THE SAKE OF CONSISTENCY, CONSEQUENTIAL AMENDMENTS TO SIMILAR PROVISIONS UNDER CLAUSE 31 ON THE CHILD OF THE SPOUSE OF A DIRECTOR AND A CHIEF EXECUTIVE.
ON THE PROCEDURES FOR NOTIFICATION OF INTERESTS, MISS TAM SAID THE ADMINISTRATION HAD AGREED TO INSERT A NEW CLAUSE 50A AFTER CLAUSE 50 TO REQUIRE THE NOTIFICATION TO BE MADE BY HAND OR BY REGISTERED POST TO THE OFFICE OF THE LISTED COMPANY, ALONG THE LINES OF SECTION 356 OF THE COMPANIES ORDINANCE.
"IT WOULD BE UNFAIR IF LISTED COMPANIES CONCERNED ARC TO BE PENALISED FOR A FAILURE TO ENTER THE REQUISITE INFORMATION INTO THEIR REGISTER WHICH IS CAUSED BY A FAILURE ON THE PART OF THE SHAREHOLDERS, INTENTIONALLY OR UNINTENTIONALLY, TO NOTIFY THEM, SHE SAID.
PROTECTION AGAINST UNDESIRABLE MEDICAL ADS
**
BILL 1988 UNSCRUPULOUS
THE UNDESIRABLE MEDICAL ADVERTISEMENTS (AMENDMENT) SEEKS TO BRING WITHIN THE LAW ANY UNQUALIFIED PERSONS OR DEALERS MAKING USE OF ADVERTISEMENTS TO MISLEAD THE PUBLIC, THE ACTING SECRETARY FOR HEALTH AND WELFARE, THE HON ADOLF TODAY (WEDNESDAY).
HSU, SAID
LEGISLATIVE
WINDING UP THE RESUMED DEBATE ON THE BILL IN THE COUNCIL, MR HSU SUPPORTED AN AMENDMENT WHICH WOULD ENABLE PART 1 OF THE BILL TO BE BROUGHT INTO OPERATION ONE MONTH AFTER ITS ENACTMENT.
MAY
"THE PURPOSE IS TO ALLOW SUFFICIENT TIME ΤΟ THOSE WHO ARE RESPONSIBLE FOR PUTTING UP SIGNS OR PLACING ADVERTISEMENTS WHICH CONTRAVENE THE LAW TO REMOVE OR WITHDRAW THEM BEFORE ENFORCEMENT ACTION IS TAKEN, MR HSU EXPLAINED.
/HE STRESSED