11
FRIDAY, DECEMBER 10, 1993
THE PURPOSES ARE TO PROVIDE FOR THE ELIGIBILITY
SUBMISSION FORMALITIES FOR AND THE PROCEDURES AND FOR EX GRATIA PAYMENT UPON DEFAULT OF TRAVEL AGENTS; RATE OF EX GRATIA PAYMENT TO OUTBOUND TRAVELLERS; IMPOSITION OF PENALTY ON LICENSED TRAVEL AGENTS FOR DUE PAYMENTS OF LEVIES.
OF
OF
APPLICANTS APPLICATIONS
ΤΟ SPECIFY THE AND TO PROVIDE FOR FAILURE ΤΟ MAKE
DEFAULT, OUTBOUND THEIR TOUR THE BASIS OF OUTBOUND
PROVIDED
UNDER THE RULES, IF ANY TRAVEL AGENT SHOULD
GRATIA TRAVELLERS MAY APPLY FOR AN EX
PAYMENT RECEIPTS DULY SHOW PAYMENT OF A FUND LEVY ON PACKAGE FARES.
THE FUND LEVY IS TO BE PAID BY LICENSED TRAVEL AGENTS AND GO TO THE TRAVEL INDUSTRY COMPENSATION FUND.
WILL
IT IS PROPOSED
PAYMENT, WITHIN 90
IN ORDER TO GRANT EARLY RELIEF TO APPLICANTS, THAT WHERE THE MANAGEMENT BOARD DECIDES TO MAKE AN EX GRATIA
MAKE THE PAYMENT IT SHALL, SO FAR AS IT IS PRACTICABLE, DAYS OF THE RELEVANT APPLICATION BEING MADE, DR KUNG SAID.
WILL APPLICANTS IN ORDER TO EXPEDITE EX GRATIA PAYMENT,
FIRST TO EXECUTE BE PAID COMPENSATION FROM THE FUND AND THEN TO BE ALLOWED
SCENARIO AN INDEMNITY IN FAVOUR OF THE MANAGEMENT BOARD, TO COVER THE THAT THEIR PROOF OF DEBT IS REJECTED OR ONLY PARTIALLY ADMITTED,
GRATIA PAYMENT CAN
"IN 50 DOING, EX
PROCEED DIVIDEND IS DECLARED BY THE OFFICIAL RECEIVER, WHICH MAY OR EVEN YEARS TO COMPLETE.
BEFORE ANY TAKE MONTHS
EX "IF THERE IS ANY EXCESS OF DIVIDEND OVER
PAID TO THE THE DIFFERENCE WILL BE
APPLICANTS
BY
GRATIA PAYMENTS,
THE MANAGEMENT
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BOARD, HE SAID.
OF THE TRAVEL INDUSTRY "HAVING TAKEN INTO ACCOUNT THE VIEWS
ON TRAVEL COUNCIL OF HONG KONG, CONSUMER COUNCIL, ADVISORY COMMITTEE
THE MANAGEMENT AGENTS, AND HAVING CONSULTED THE FINANCIAL SECRETARY, BOARD PROPOSES THAT THE RATE OF EX GRATIA PAYMENTS BE SPECIFIED AS PER CENT OF THE OUTBOUND FARE PAID,
HE ADDED.
80
THE FUND HAS ACCUMULATED $138 MILLION ASSETS AS AT DECEMBER 1.
THE RULES WERE PUBLISHED IN THE GAZETTE TODAY (FRIDAY).
0
HIGHER COMPENSATION RATES FOR INJURED WORKERS GAZETTED
ITEMS
THE REVISED,
THE LEVELS OF COMPENSATION AND A NUMBER OF COMPENSATION-RELATED UNDER THE EMPLOYEES' COMPENSATION ORDINANCE (ECO) AND
(COMPENSATION) ORDINANCE (PCO) HAVE BEEN PNEUMOCONIOSIS EFFECTIVE FROM JANUARY 1 NEXT YEAR.
DETAILS OF THE NEW RATES WERE PUBLISHED IN THE GAZETTE
TODAY
(FRIDAY).
/LABOUR DEPARTMENT'S