FRIDAY, FEBRUARY 19, 1993

5

COLLEGES OF EDUCATION WILL KEEP HIGH STANDARD

ZA

IN RESPONSE TO MEDIA ENQUIRIES REGARDING TODAY'S PETITION ON

BY ENTRY REQUIREMENTS

STUDENTS OF THE COLLEGES OF

A EDUCATION, SPOKESMAN FOR THE EDUCATION DEPARTMENT SAID:

"THE EDUCATION DEPARTMENT HAS NOTED THE CONCERN EXPRESSED BY

COLLEGES STUDENTS OF THE

OF EDUCATION. THE DEPARTMENT

ΤΟ WISHES REITERATE THAT IT HAS NO INTENTION OF LOWERING THE STANDARD REQUIRED FOR ADMISSION, WHICH IS MONITORED BY THE COLLEGES JOINT SELECTION BOARD.

WHICH

"THE PRESENT REVIEW,

IS CONTINUING, AIMS TO PROVIDE FLEXIBILITY IN CONSIDERING ENTRY REQUIREMENTS. STUDENTS SHOULD REST THE USUAL HIGH ASSURED THAT THE COLLEGES OF EDUCATION WILL MAINTAIN

STILL HAVE QUALITY OF TRAINING. IN ANY CASE, STUDENTS UNDER TRAINING TO SATISFY ALL THE COURSE REQUIREMENTS DURING THEIR TRAINING PERIOD AT THE COLLEGES BEFORE THEY CAN BE ALLOWED то GRADUATE AND BECOME QUALIFIED TEACHERS.

INSURANCE REGULATORY SYSTEM EXPLAINED

THE MAIN PURPOSE OF THE REGULATORY SYSTEM OPERATED BY THE OFFICE OF THE COMMISSIONER OF INSURANCE IS TO ENSURE THAT INSURERS REMAIN FINANCIALLY STABLE AND MANAGED BY FIT AND PROPER PERSONS, THE COMMISSIONER OF INSURANCE, MR NIGEL SHIPMAN SAID TODAY (FRIDAY).

>

THE COMMISSIONER OF INSURANCE IS SPECIFICALLY DEBARRED BY THE INSURANCE COMPANIES ORDINANCE FROM REQUIRING AN INSURER TO AMEND EITHER THE WORDING OF ANY POLICY OR CLASS OF POLICIES; OR THE PREMIUMS PAYABLE IN RESPECT OF ANY POLICY OR CLASS OF POLICIES.

SPEAKING TO REPORTERS AFTER HIS MEETING WITH LEGISLATIVE COUNCIL MEMBER, DR HUANG CHEN-YA TO DISCUSS ISSUES RELATING TO MOTOR INSURANCE, MR SHIPMAN SAID THESE PROVISIONS WERE APPROVED BY THE LEGISLATIVE COUNCIL IN JULY 1992.

THE

COMMISSIONER WAS NOT ABLE, FOR EXAMPLE, INSURER ΤΟ ALTER THE PROPOSED PREMIUM RATES.

ΤΟ REQUIRE AN

A

"NOR CAN HE PREVENT AN INSURER FROM CANCELLING OR VARYING MOTOR INSURANCE POLICY MID-TERM, IF THE INSURER IS PERMITTED TO DO SO BY THE TERMS OF THE POLICY.

IN

SHIPMAN

"THE GOVERNMENT HAS TAKEN THE VIEW THAT CONSUMER PROTECTION RESPECT OF PREMIUM RATES IS BEST LEFT TO MARKET FORCES, MR SAID.

THERE

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