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WEDNESDAY, MAY 27, 1992
FROM
HE SAID APPROVAL FOR THE PUTTING UP OF SIGNBOARDS WAS REQUIRED THE LAND AUTHORITY IF THE CONDITIONS OF THE LAND LEASE WOULD BE CONTRAVENED OR IF THE SIGN WOULD ENCROACH UPON GOVERNMENT LAND.
THE CONTENT OF SIGNBOARDS MAY BE CONTROLLED UNDER THE CONDITIONS OF THE LAND LEASE, THE CONTROL OF OBSCENE AND INDECENT ARTICLES ORDINANCE, THE OBJECTIONABLE PUBLICATIONS ORDINANCE, THE SMOKING (PUBLIC HEALTH) ORDINANCE AND THE UNDESIRABLE MEDICAL ADVERTISEMENTS ORDINANCE.
BUT THERE WAS NO REQUIREMENT THAT THE CONTENT MUST RELATE TO ANY PARTICULAR BUSINESS FUNCTION, THE SECRETARY ADDED.
0
PARTICIPATION IN ADB UNDER REVIEW
THE SECRETARY FOR MONETARY AFFAIRS, MR DAVID NENDICK, SAID THERE WERE NO PRESENT PLANS TO INCREASE HONG KONG'S CAPITAL SHARE VOTING POWER IN THE ASIAN DEVELOPMENT BANK.
AND
THE
BUT THE OCCASION MAY ARISE IN A YEAR OR SO'S TIME IN CONTEXT OF THE NEXT GENERAL CAPITAL INCREASE TO REPLENISH THE BANK'S CAPITAL STOCK, HE SAID.
IN A WRITTEN REPLY TO A QUESTION BY THE HON DAVID LI KWOK PO IN THE LEGISLATIVE COUNCIL TODAY (WEDNESDAY), MR NENDICK SAID IN THE MEANTIME, THE GOVERNMENT WAS KEEPING UNDER REVIEW OTHER MEANS OF INCREASING HONG KONG'S PARTICIPATION IN AND SUPPORT FOR THE BANK'S ACTIVITIES.
HE ADDED THAT THE GOVERNMENT WOULD SHORTLY APPROACH THE FINANCE COMMITTEE FOR APPROVAL TO CONTRIBUTE TO THE FIFTH REPLENISHMENT OF THE ASIAN DEVELOPMENT FUND.
THIS IS USED FOR LOANS TO THE NEEDIEST MEMBERS OF THE BANK.
DEVELOPING COUNTRY
IS
THE SIZE OF A MEMBER'S SUBSCRIPTION TO THE BANK'S CAPITAL STOCK BASICALLY DETERMINED BY REFERENCE TO A MEMBER'S ECONOMIC CAPACITY AS REFLECTED BY GROSS DOMESTIC PRODUCT FIGURES ADJUSTED FOR POPULATION, TAX REVENUES AND EXPORTS ON A WEIGHTED BASIS.
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+
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