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FRIDAY, NOVEMBER 6, 1992
SUBJECT TO THE PASSAGE OF THE BILL, THE GOVERNMEN INTENDS TO INTRODUCE TRADING FUNDS INTO THE COMPANIES REGISTRY AND THE LAND REGISTRY OF THE REGISTRAR GENERAL'S DEPARTMENT BY JULY 1, 1993.
A PROGRAMME FOR THE SETTING UP OF TRADING DEPARTMENTS WILL BE CONSIDERED SEPARATELY.
0
BILL TO FACILITATE REORGANISATION OF REGISTRAR GENERAL'S DEPARTMENT
* * * * *
FUNDS
FOR OTHER
A BILL WHICH SEEKS TO REORGANISE THE REGISTRAR GENERAL'S DEPARTMENT (RGD) WITH THE OBJECTIVE OF ACHIEVING GREATER EFFICIENCY IS GAZETTED TODAY (FRIDAY).
OF
OF THE THE
UNDER THE REGISTRAR GENERAL (ESTABLISHMENT} (TRANSFER FUNCTIONS AND REPEAL) BILL, THE REMAINING STATUTORY FUNCTIONS REGISTRAR GENERAL WILL BE TRANSFERRED TO THE LAND REGISTRAR, REGISTRAR OF COMPANIES AND THE DIRECTOR OF BUILDINGS AND LANDS, AND TO THE SECRETARY FOR HOME AFFAIRS IN RESPECT OF CHINESE CUSTOMARY RIGHTS IN THE NEW TERRITORIES LAND MATTERS.
THE REGISTRAR GENERAL, MR NOEL GLEESON, SAID: "THE BILL ALSO KEEPS INTACT THE RIGHTS OF OFFICERS TRANSFERRED FROM THE REGISTRAR GENERAL'S DEPARTMENT TO OTHER DEPARTMENTS.
"THESE INCLUDE THE RIGHT OF AUDIENCE IN THE COURTS, VOTING RIGHTS IN THE LEGAL FUNCTIONAL CONSTITUENCY AND ELIGIBILITY FOR APPOINTMENT TO THE DISTRICT COURT AND HIGH COURT BENCHES."
MR GLEESON SAID: "IT IS EXPECTED THAT THE CONVEYANCING SECTION OF RGD'S LAND DIVISION WILL THE BUILDINGS AND LANDS DEPARTMENT ON DECEMBER 1,
LEGAL ADVISORY AND BE TRANSFERRED ΤΟ 1992.
"IT IS INTENDED THAT THE REMAINING DIVISIONS OF RGD WILL BE SET UP AS THE LAND REGISTRY AND COMPANIES REGISTRY IN APRIL 1993.
"THESE CHANGES WILL NOT INVOLVE ADDITIONAL COST.
"AS THE OPERATIONS OF THE TWO REGISTRIES ARE ESSENTIALLY DEMAND-LED, IT IS INTENDED THAT THE TWO REGISTRIES WILL OPERATE TRADING FUNDED BASIS COMMENCING JULY 1993, HE ADDED,
ON A
THE ESTABLISHMENT OF TRADING FUNDS IS COVERED BY THE TRADING FUNDS BILL WHICH IS ALSO GAZETTED TODAY.
THE REORGANISATION OF RGD ALSO INVOLVED THE ESTABLISHMENT OF THE OFFICE OF THE COMMISSIONER OF INSURANCE IN JUNE 1990, THE INTELLECTUAL PROPERTY DEPARTMENT IN JULY 1990 AND THE OFFICIAL RECEIVER'S OFFICE IN JUNE 1992.
/THE FUNCTIONS