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"We are not ruling out this option, and will ask the independent LASC to examine it in detail once it has been set up. This approach will enable an independent LASC to be established quickly."

If the Government decides at a later stage to dis-establish the LAD, the spokesman added, it will be necessary to consult the staff of the LAD, work out conditions of service for the staff of the new organisation and draw up bridging-over terms.

The proposal to establish an independent LASC was one of the recommendations in the Report of the Reconvened Working Group on Legal Aid Policy Review which was published in July last year.

The implementation of other recommendations in the report was the subject of the Legal Aid (Amendment) Bill 1995, which was introduced into the Legislative Council on January 25.

The Legal Aid Services Council Bill will be introduced into the Legislative Council for first and second readings on February 22, 1995.

End/Friday, February 10, 1995

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Banking (Amendment) Bill 1995 gazetted

The government's proposed amendments to the Banking Ordinance to make the Monetary Authority (MA) the licensing authority for all types of authorised institutions was published in the gazette today (Friday).

The Banking (Amendment) Bill 1995 also seeks to clarify the scope, objectives, duties and powers of a manager appointed under the ordinance to take control of an authorised institution, and to effect a number of other operational changes.

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