5
WEDNESDAY, JANUARY 10, 1990
WAS LIKELY 'TO BE IF ENQUIRIES REVEALED THAT THE ALIBI
TRUE AND EXPENSE THEN THE PROSECUTION WOULD BE DISCONTINUED AND MUCH TIME SAVED.
DISTRICT COURT JUDGES ΤΟ CLAUSE 11 SOUGHT TO ENABLE
OR CONSECUTIVE TO TERMS OF IMPRISONMENT WHICH WERE CONCURRENT
AT PRESENT OTHER.
A DISTRICT COURT JUDGE MIGHT CONSECUTIVE TERMS OF IMPRISONMENT.
ONLY
IMPOSE BACH [MPOSE
BEEN CONSULTED ON MR MATHEWS SAID THE LEGAL PROFESSIONS. HAD
RELATING TO THE DISCHARGE OF ALL OF THE PROPOSALS EXCEPT FOR THAT SUPERVISIONS AND THAT THEY WERE BROADLY IN AGREEMENT WITH THEM ALL.
DEBATE ON THE BILL WAS ADJOURNED.
PURPOSE OF COMPANIES AMENDMENT BILL EXPLAINED
BILL 1989 IS SAID IN
THE PURPOSE OF THE COMPANIES (AMENDMENT) (NO.2) THREEFOLD, THE FINANCIAL SECRETARY, THE HON SIR PIERS JACOBS, THE LEGISLATIVE COUNCIL TODAY (WEDNESDAY).
MOVING THE SECOND READING OF THE BILL, SIR PIERS SAID IT WOULD:
FIRST. COMPANIES ORDINANCE;
INCREASE
CERTAIN
PENALTIES
PRESCRIBED BY
THE
SECONDLY, IMPOSE A CASES; AND
ONE-TIME FINE FOR CONTINUING
DEFAULT
LASTLY,
STREAMLINE
THE
ARRANGEMENT
FOR
PRESCRIBING
PENALTIES IN THE COMPANIES ORDINANCE.
COMPREHENSIVE
LEVEL
HAD OF
ON AN INCREASE IN PENALTIES, SIR PIERS SAID THE GOVERNMENT
REVIEW OF THE RECENTLY CARRIED
A OUT PENALTIES PRESCRIBED BY THE COMPANIES ORDINANCE.
!
IT
ΤΟ NECESSARY "AS A RESULT. WE CONSIDER PENALTIES IN ORDER TO ENHANCE THEIR DETERRENT EFFECT.
INCREASE
CERTAIN
"IN GENERAL
TERMS.
THE
PROPOSED
INCREASES
RELATE
TO FOUR EXISTING PENALTY IS CLASSES OF OFFENCE : FIRST, THOSE FOR WHICH THE
SECONDLY. THOSE INVOLVING INSUFFICIENT TO SERVE ANY USEFUL PURPOSE;
THE
OF UNTRUE THOSE INVOLVING
MAKING PROSPECTUSES;
INFORMATION; OF FALSE
AND
THOSE LASTLY, STATEMENTS OR THE GIVING OF
AS WELL AS THE NATURE OF WHICH NEED TO TAKE ACCOUNT OF INFLATION PARTICULAR OFFENCES.' HE SAID.
THIRDLY,
AT PRESENT THE ORDINANCE
ON A ONE-TIME FINE, SIR PIERS SAID PRESCRIBED ONLY A DAILY FINE FOR CONTINUING DEFAULT CASES,
/"WE PROPOSE
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