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Videos on world children borrowed from the Hong Kong Committee for United Nations Children's Fund (UNICEF) will be screened to enable visitors to learn more about the United Nations Convention on the Rights of the Child, which was extended to Hong Kong in October last year.

Another interesting demonstration will focus on the Basic Law to allow members of the public to learn about their rights and obligations in the future Hong Kong Special Administrative Region.

Other highlights are the winning entries of the Cartoon/Illustration Competition on Equal Opportunities and Elimination of Discrimination, and the top three Outstanding Civic Education Projects for 1994-95.

Starting from tomorrow, the exhibition will open from 10 am to 6.30 Saturday. Admission is free and souvenirs will be distributed to participants.

pm until

End/Wednesday, November 15, 1995

HKMA publishes Guide to Applicants

The Hong Kong Monetary Authority (HKMA) announced that the Banking (Amendment) Ordinance 1995, which was gazetted on June 30, 1995, commences operation today (Wednesday).

The Banking (Amendment) Ordinance establishes the Monetary Authority as the authority responsible for the authorisation, suspension and revocation of all three types of authorised institution.

It also clarifies the scope, objectives, duties and powers of a manager appointed under the Ordinance to take control of a problem authorised institution, and introduces a number of other changes designed to improve the workings of the Ordinance.

Concurrent with the commencement of the Banking (Amendment) Ordinance, HKMA publishes today a Guide to Applicants which sets out the Monetary Authority's interpretation of the authorisation criteria and the grounds for revocation contained in the Ordinance and the procedures for processing applications for authorisation.

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