8
TUESDAY, NOVEMBER 7, 1989
SENIOR MEDICAL AND HEALTH OFFICER
MEDICAL AND HEALTH OFFICER
NURSES (UP TO AND INCLUDING NURSING OFFICER I)
OUT "THIS WOULD MEAN THAT SOME 14,000 OFFICERS IN THESE RANKS,
I.E. 7.5 PER CENT, OF A TOTAL OF MORE THAN 185,000 CIVIL SERVANTS,
THE SPOKESMAN SAID. WOULD RECEIVE THE TEMPORARY ALLOWANCE,
LOSE THE SPOKESMAN STRESSED THAT OTHER CIVIL SERVANTS WILL NOT
THEIR GRADE, BECAUSE OUT AS A RESULT OF THE TIMING OF THE REVIEW OF
TAKE EFFECT FROM THE ANY PERMANENT ADJUSTMENTS TO PAY SCALES WOULD COMMON DATE OF OCTOBER 1. 1989.
TRIBUNAL TO INQUIRE INTO SHARE DEALINGS OF LAFE HOLDINGS LIMITED
*
PIERS SIR
A
THE FINANCIAL SECRETARY,
JACOBS, TODAY (TUESDAY) RECOMMENDATION FROM THE ANNOUNCED
AFTER CONSIDERING THAT,
POSSIBLE SECURITIES AND FUTURES COMMISSION, HE HAD DECIDED TO REFER A CASE OF INSIDER DEALING TO THE INSIDER DEALING TRIBUNAL.
THE PURPOSE OF THE INQUIRY WILL BE TO DETERMINE, IN
THE SECURITIES ORDINANCE, WHETHER WITH THE PROVISIONS OF INSIDER DEALING IN THE SHARES OF LAFE HOLDINGS LIMITED (LHL) THE PERSONS INVOLVED, OVER A SPECIFIED PERIOD, AND IF SO, EXTENT OF THEIR CULPABILITY.
ACCORDANCE
CULPABLE OCCURRED AND THE
APPOINTED
AS CHAIRMAN OF THE
THE FINANCIAL SECRETARY STATED THAT THE GOVERNOR HAD MR JUSTICE NAZARETH, A JUDGE OF THE HIGH COURT, INSIDER DEALING TRIBUNAL.
PUBLIC ACCOUNTANT, AND THE
IN ADDITION, MR ALAN KEMP, A CERTIFIED MR DENNIS H.S. LAM, AN EXPERIENCED BANKER, HAVE BEEN APPOINTED BY GOVERNOR AS THE OTHER TWO MEMBERS OF THE TRIBUNAL TO ACT TO THIS PARTICULAR INQUIRY,
IT IS EXPECTED THAT THE TRIBUNAL WILL HOLD
IN RELATION
LATER THIS MONTH.
AS PROVIDED
BY
THE
SECURITIES
ITS FIRST MEETING
THE
TRIBUNAL'S
ORDINANCE,
HEARINGS WILL BE HELD IN CAMERA AND ITS FINDINGS WILL BE SET OUT IN REPORT WHICH WILL BE PUBLISHED.
A
19