WEDNESDAY, MAY 22, 1991
SUBSECTION
OF SECTION 4 PROVIDED THAT THIS SUM (5) ALTERED BY A RESOLUTION OF THE LEGISLATIVE COUNCIL.
MIGHT BE
"SINCE
1986, INFLATION HAS REDUCED THE MONETARY VALUE OF AWARD FOR BEREAVEMENT.
THIS
"IT
IS THEREfore neceSSARY TO INCREASE IT SO CAN BE ADEQUATELY COMPENSATED.
THAT DEPENDANTS
HE
SAID THIS
FIGURE OF
AFTER ARRIVED WAS $70,000 CONSULTATION WITH THE LEGAL PROFESSION, THE DIRECTOR OF LEGAL AID, AND THE SECRETARY FOR ECONOMIC SERVICES.
AT
BILL PERMITS HIGH COURT ORDERS IN INTERNATIONAL ARBITRATION
THAT PARTIES
THE ARBITRATION (AMENDMENT) BILL 1991 PROVIDED CONDUCTING THEIR INTERNATIONAL ARBITRATIONS IN HONG KONG WOULD BE ABLE TO APPLY TO THE HIGH COURT FOR APPROPRIATE ORDERS.
BILL IN THE LEGISLATIVE THE SECOND READING OF THE MOVING
JEREMY MATHEWS, COUNCIL TODAY (WEDNESDAY), THE ATTORNEY GENERAL, MR
TO INTRODUCE A SAID IN 1989 THE ARBITRATION ORDINANCE WAS AMENDED
UNDER THE UNCITRAL SEPARATE SCHEME FOR INTERNATIONAL ARBITRATIONS (UNITED NATIONS COMMISSION ON INTERNATIONAL TRADE LAW) MODEL LAW.
"THIS HELPED ΤΟ ESTABLISH HONG KONG AS CENTRE FOR INTERNATIONAL ARBITRATIONS.
"RECENTLY,
DOUBTS
HAVE
ARISEN AS TO
A LEADING REGIONAL
WHETHER THE ORDINANCE ARBITRATIONS PERMITS THE HIGH COURT TO MAKE ORDERS, IN INTERNATIONAL
CAN FOR DOMESTIC THE UNCITRAL MODEL LAW, AS IT CARRIED OUT UNDER ARBITRATIONS.
"THE BILL SEEK TO REMOVE
DOUBT ANY
ON THIS
POINT,"
HE
EXPLAINED.
DEBATE ON THE MOTION WAS ADJOURNED.
0
/5