F

10

FRIDAY, JUNE 24, 1994

COMPANIES REGISTRY TO REVISE FEES

THE

TO

A NUMBER OF FEES PAYABLE TO THE REGISTRAR OF COMPANIES AND

GOVERNMENT SPOKESMAN JUDICIARY WILL BE REVISED FROM AUGUST 1, A

SAID.

THE FEES PAYABLE TO THE REGISTRAR OF COMPANIES COVER PROVIDED BY THE COMPANIES REGISTRY IN RELATION TO THE REGISTRATION OF

OF THE LICENSING

MONEY AND LIMITED PARTNERSHIPS, AND COMPANIES LENDERS.

SERVICES

OTHER SERVICES INVOLVE THE FILING OF RETURNS AND THE CONDUCTING OF INFORMATION SEARCHES AS SPECIFIED IN THE EIGHTH SCHEDULE TO THE LIMITED PARTNERSHIPS ORDINANCE, THE SCHEDULE TO THE COMPANIES ORDINANCE AND PART A OF SCHEDULE 1 TO THE MONEY LENDERS REGULATIONS.

RELATION ΤΟ WORK FEES THE

PAYABLE TO THE JUDICIARY ARE IN UNDERTAKEN BY MONEY LENDERS' LICENSING COURTS UNDER PAFT B OF SCHEDULE 1 TO THE MONEY LENDERS REGULATIONS.

"FEES COLLECTED BY THE COMPANIES REGISTRY AND THE JUDICIARY ARE FEES SUBJECT TO THE FEE REVISION POLICY. IT IS GOVERNMENT POLICY THAT SHOULD IN GENERAL BE SET AT LEVELS SUFFICIENT TO RECOVER THE FULL COST OF PROVIDING THE SERVICES," THE SPOKESMAN SAID.

+

"THE FEES ARE REVISED BY ABOUT 10 PER CENT, IN LINE

HE ADDED.

INCREASE IN COST FOR THIS YEAR,

특비

THESE FEES WERE LAST REVISED IN AUGUST 1993.

WITH THE

DETAILS OF THE FEES REVISION WERE GAZETTED TODAY (FRIDAY).

0

-

REFORM OF INHERITANCE LAW

THE

GOVERNMENT

LAW OF

INHERITANCE

PROPOSES TO OVERHAUL THE BASED ON RECOMMENDATIONS OF THE LAW REFORM COMMISSION.

INHERITANCE GAZETTED TODAY

THE PROPOSALS FOR CHANGE ARE CONTAINED IN THE WILLS (AMENDMENT) BILL 1994, INTESTATES' ESTATES (AMENDMENT) BILL 1994 AND (PROVISION FOR FAMILY AND DEPENDANTS) BILL, WHICH ARE (FRIDAY).

A GOVERNMENT SPOKESMAN SAID THE PROPOSED CHANGES

LAW INTO LINE WITH INHERITANCE

LEGAL ANOMALIES THAT REMEDY

HONG KONG'S

EXPECTATIONS PRESENT LAW.

AND

"THE AMENDMENTS

FORMALITIES

FOR MAKING

WILLS TO THE WILLS AND GIVE VALIDATE, INTERPRET AND RECTIFY WILLS.

WOULD BRING

CURRENT DAY COMMUNITY HAVE ARISEN IN THE

ORDINANCE

THE

RELAX WILL COURT NEW POWERS

THE

ΤΟ

/"CURRENTLY, THE

Share This Page