16
TUESDAY, DECEMBER 13, 1988
SUCCESSFUL BIDDERS MUST PAY BY CHEQUE
BIDDING.
IMMEDIATELY AFTER THE
A TRANSPORT DEPARTMENT SPOKESMAN REMINDED BIDDERS THAT THE VEHICLE REGISTRATION NUMBER WOULD BE ASSIGNED ONLY то A VEHICLE REGISTERED IN THE NAME OF THE SUCCESSFUL BIDDER WITHIN 12 MONTHS OF THE AUCTION.
BE
PRODUCED
THE CERTIFICATE OF INCORPORATION MUST IMMEDIATELY AFTER THE AUCTION IF THE VEHICLE REGISTRATION MARK IS TO BE REGISTERED UNDER THE NAME OF A BODY CORPORATE.
PROCEEDS OF THE AUCTION WILL AS USUAL GO ΤΟ THE GOVERNMENT LOTTERIES FUND.
THE COMING AUCTION WILL BE THE 133RD ORGANISED BY THE TRANSPORT DEPARTMENT SINCE MAY 1973.
FUNDS SOUGHT FOR EXPEDITING LEGAL DEPT LOCALISATION
THE FINANCE COMMITTEE WILL BE ASKED TOMORROW (WEDNESDAY} APPROVE FUNDS FOR THE IMPLEMENTATION OF A SECOND PROMOTION LADDER LOCAL CROWN COUNSEL TO SENIOR CROWN COUNSEL IN THE LEGAL DEPARTMENT.
TO
FOR
THE FUNDING IS ESTIMATED AT $30.4 MILLION.
80
THE PROPOSAL IS AIMED AT EXPEDITING THE LOCALISATION POLICY THAT BY 1992 HALF OF THE 91 SENIOR CROWN COUNSEL POSTS WILL BE FILLED BY LOCAL COUNSEL.
THE "DOUBLE LADDER" IS A MEANS BY WHICH LOCAL CROWN COUNSEL, WHO WOULD OTHERWISE NOT BE CONSIDERED READY FOR PROMOTION BUT WHO HAVE IDENTIFIED POTENTIAL, CAN REACH THE SENIOR LEVEL EARLIER.
THE COMMITTEE WILL ALSO CONSIDER AN INCREASE IN COMMITMENT BY
FOR $18.2 MILLION TO $24.2 MILLION
THE PROVISIONAL SECURITIES AND FUTURES COMMISSION LIMITED (PSFC).
UP
THE ADDITIONAL AMOUNT IS NECESSITATED BECAUSE OF SOME SLIPPAGE IN THE VERY TIGHT TIMETABLE FOR SETTING
SECURITIES AND FUTURES COMMISSION (SFC).
/THE SFC