3
As for those legal immigrants from China who are already here, the spokesman said that they would be given a limit of stay of seven years or a stay in line with the validity of their Document of Identity when they apply for an extension of stay or when they return from a trip outside the territory.
"They need not and should not apply to any Immigration Department office for
a fresh limit of stay until their current limit of stay is due to expire.
"There is also no need for them to make a trip outside Hong Kong just because they want to get a fresh limit of stay," he said.
The spokesman reiterated that there is no change to the Government's policy on illegal immigration.
"Any illegal immigrants found in Hong Kong will be repatriated immediately," he said.
End
Companies (Amendment) Bill to be gazetted
A Bill which seeks to help streamline and facilitate the conduct of commercial activities in Hong Kong will be published in the Gazette tomorrow (Friday), for introduction into the Legislative Council early next month.
The Companies (Amendment) Bill 1996 proposes a number of changes to the Companies Ordinance, notably the abolition of the doctrine of ultra vires and the related doctrine of constructive notice.
Other proposed changes include deregulating the statutory companies forms to allow the Registrar of Companies to revise and update them more easily; extending the scope of the provisions on the disqualification of company directors and providing for the Official Receiver to contract out more insolvency work to private sector liquidators.
A Government spokesman explained that the doctrine of ultra vires, which limited a company's contractual capacity to the objects and powers contained in its memorandum of association, had outlived its usefulness.