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MONDAY, NOVEMBER 7, 1988
ADVISER ON NEW SECURITIES LEGISLATION TO ARRIVE
SMITH
MR GEOFFREY LEWIS, HEAD OF INTERNATIONAL FINANCE HERBERT IN LONDON, IS ARRIVING LATER THIS WEEK TO TAKE UP A ONE-YEAR APPOINTMENT AS ADVISER ON NEW SECURITIES LEGISLATION TO THE NEW SECURITIES AND FUTURES COMMISSION (SFC).
UNTIL FORMATION OF THE SFC, HE WILL BE ATTACHED PROVISIONAL SECURITIES AND FUTURES COMMISSION LIMITED (PSFC).
PROPOSED
TO THE
MR LEWIS WILL PLAY A LEADING ROLE IN THE COMPREHENSIVE OVERHAUL OF HONG KONG'S SECURITIES AND FUTURES LEGISLATION WHICH WAS RECOMMENDED BY THE SECURITIES REVIEW COMMITTEE IN ITS REPORT RELEASED IN JUNE THIS YEAR.
THE FIRST PHASE OF SUCH LEGISLATIVE REFORM IS THE BILL ESTABLISHING THE SFC, THE FIRST DRAFT OF WHICH IS NOW AT AN ADVANCED STAGE OF PREPARATION.
THE DECISION TO SECURE THE LEGAL EXPERTISE OF MR LEWIS WAS MADE SHORTLY AFTER THE INCORPORATION OF THE PSFC TO FACILITATE THE EARLY ESTABLISHMENT OF THE SFC.
MR LEWIS WAS SENIOR PARTNER OF HERBERT SMITH IN HONG KONG FROM 1983 TO 1986.
FARM VISIT TO SEE PROGRESS OF DEMONSTRATION PROJECTS
THE CONSTRUCTION WORK OF DEMONSTRATION PROJECTS IN LIVESTOCK WASTE DISPOSAL ON PRIVATE FARMS HAS COMMENCED AND THE FIRST BATCH OF FARMS WILL BE OPERATIONAL IN FEBRUARY.
MEMBERS OF THE STEERING GROUP ON DEMONSTRATION PROJECTS ON PRIVATE FARMS OF THE LIVESTOCK WASTE DISPOSAL CONSULTATIVE COMMITTEE VISITED A LIVESTOCK FARM IN MA ON SHAN THIS (MONDAY) AFTERNOON TO FOR THEMSELVES THE PROGRESS OF THE BUILDING WORKS.
THE VISIT WAS ORGANISED BY THE
SEE
ENVIRONMENTAL PROTECTION
DEPARTMENT.
THE MA ON SHAN FARM, WHICH HAS 400 PIGS, WAS SELECTED FOR THE DEMONSTRATION OF HYBRID TREATMENT METHOD.
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