19
THURSDAY, JUNE 30, 1994
FOR ENQUIRIES IN WRITING, SUCH CASES WILL IN NORMAL CIRCUMSTANCES BE RESPONDED TO WITHIN 14 DAYS OF RECEIPT. AN INTERIM REPLY WILL BE SENT WITHIN 10 DAYS.
IN ANY CASE,
INSTANT RESPONSE WILL BE GIVEN TO ENQUIRIES BY TELEPHONE OR PERSON DURING OFFICE HOURS.
IN
ON
ENQUIRIES RECEIVED THROUGH THE TELEPHONE RECORDING SERVICE 827 1122 OUTSIDE OFFICE HOURS WILL BE RESPONDED ΤΟ AS SOON AS PRACTICABLE WITHIN THE NEXT TWO WORKING DAYS.
WHEN,
A SPOKESMAN FOR THE OFFICE SAID THERE WOULD BE OCCASIONS DESPITE BEST EFFORTS, THE OFFICE WAS UNABLE TO PROVIDE THE SERVICES WITHIN THE TARGET SPECIFIED.
FOR EXAMPLE, IN SPECIAL REGISTRATION DRIVES IN ELECTION YEARS WHEN HUGE NUMBER OF APPLICATIONS ARE RECEIVED, RESPONSE TIME WILL TAKE LONGER.
"IN SUCH CASES, THE PERSON CONCERNED IS ENTITLED TO A FULL AND PROMPT EXPLANATION, THE SPOKESMAN SAID.
"
HE SAID RECEIPT OF ALL COMPLAINTS WOULD BE ACKNOWLEDGED
10 DAYS AND DEALT WITH EXPEDITIOUSLY.
WITHIN
COPIES OF THE PERFORMANCE PLEDGE ARK AVAILABLE FOR COLLECTION AT THE OFFICE, 10TH FLOOR, HARBOUR CENTRE, 25 HARBOUR ROAD, WAN CHAI; DISTRICT OFFICES AND THE PUBLICATION COUNTER OF INFORMATION SERVICES DEPARTMENT, GROUND FLOOR, FRENCH MISSION BUILDING, 1 BATTERY PATH.
0
PROVISIONS ON RETIREMENT SCHEMES
*
A NEW REGULATION HAS BEEN MADE UNDER THE INSURANCE COMPANIES ORDINANCE TO HARMONISE CERTAIN OF ITS PROVISIONS ON RETIREMENT SCHEMES WITH THOSE OF THE OCCUPATIONAL RETIREMENT SCHEMES ORDINANCE.
UNDER THE INSURANCE COMPANIES ORDINANCE (AMENDMENT OF FIRST SCHEDULE) REGULATION 1994, WHICH WILL BE GAZETTED TOMORROW (FRIDAY), THE GOVERNMENT HAS KNSURED THAT THE DEFINITIONS OF CLASSES G AND # LONG-TERM INSURANCE BUSINESS DO NOT EXTEND TO RETIREMENT SCHEMES OPERATED UNDER A TRUST BY NON-INSURERS INCLUDING TRUSTEES.
A GOVERNMENT SPOKESMAN SAID THE DEFINITIONS OF CLASSES G AND LONG-TERM INSURANCE BUSINESS IN THE FIRST SCHEDULE TO THE INSURANCE COMPANIES ORDINANCE APPLIED ΤΟ RETIREMENT SCHEMES OPERATED BY INSURERS.
"UNINTENTIONALLY THEY ALSO APPLY TO
J
RETIREMENT SCHEMES
OPERATED UNDER A TRUST BY NON-INSURERS, INCLUDING TRUSTEES,
"THERE ARE OCCUPATIONAL RETIREMENT SCHEMES WHICH ARE AT THE MOMENT NEITHER GOVERNED BY TRUST NOR ADMINISTERED BY INSURERS, BUT ARF OPERATED BY, FOR INSTANCE, EMPLOYERS.
/"SUCH BUSINESS