24
FRIDAY, MAY 29, 1992
HE EXPLAINED THAT UNDER HONG KONG LAWS, A FOREIGN DOMESTIC HELPER IS ONLY ALLOWED TO PERFORM DOMESTIC DUTIES FOR A SPECIFIC EMPLOYER UNDER A SPECIFIC EMPLOYMENT CONTRACT.
HE SAID THOSE WHO BREACH THEIR CONDITION OF STAY WERE LIABLE PROSECUTION AND UPON CONVICTION, TO A FINE OF $5,000 AND IMPRISONMENT FOR TWO YEARS.
TO
PEOPLE WHO AID AND ABET OTHERS TO COMMIT THESE OFFENCES ARE ALSO LIABLE TO PROSECUTION AND PENALTY.
DTC REGISTRATION REVOKED
* *
OF
THE COMMISSIONER OF BANKING ANNOUNCED THAT THE REGISTRATION RIGGS ASIA LIMITED AS A DEPOSIT-TAKING COMPANY HAS BEEN REVOKED AT THE CLOSE OF BUSINESS TODAY (FRIDAY) AT ITS OWN REQUEST UNDER SECTION 31(2) OF THE BANKING ORDINANCE.
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
* *
DATE
$ MILLION
28.5.92
1,288
29.5.92
-241 *
-59
CLOSING BALANCE IN THE ACCOUNT ON
EFFECT OF FORWARDS TO BE SETTLED ON
EFFECT OF OPERATIONS THIS MORNING
EFFECT OF OPERATIONS THIS AFTERNOON
O/N ASSISTANCE TO BE REVERSED OTHER FORWARDS TO BE SETTLED
-300 MN +59 MN
** O/N ASSISTANCE TO BE REVERSED ON 1.6.92
TRADE WEIGHTED INDEX 111.4 -0.5* 29.5. 92
+700 **
/HONG KONG