(b)
(c)
(d)
- 2
section 26A which specifies that financial penalties levied against a bus company shall not be taken into account in ascertaining the operating cost or service related expenditure of the company;
section 30 which enables Government to specify depreciation rates in respect of fixed assets used or kept by a bus company for the purpose of or in connection with its franchise; and
section 32 which requires a bus company to produce accounts and other information in relation to the public bus service operation as the Financial Secretary may require.
With these remarks, I move the first of the three Resolutions standing in my name on the order paper, which will give effect to these arrangements, in respect of the franchise of Citybus Limited. Thank you, Mr President.
End
Copyright Bill
Following is the speech by the Secretary for Trade and Industry, Miss Denise Yue, in moving the second reading of the Copyright Bill in the Legislative Council today (Wednesday):
Mr President,
I move that the Copyright Bill be read the second time.
The purpose of the Bill is to establish a modern and independent copyright regime in Hong Kong which suits our needs, is in line with the latest international standards, and will continue through and beyond 1997.
Copyright is an important form of intellectual property. Copyright products include books, films, sound recordings and computer programs. Copyright is a private property right. For example, authors have copyright in relation to the works which they have created. One such right is the right to stop others from copying or exploiting the works in various ways without permission from the author. Copyright law protects the economic - and to some extent also the moral or non-economic rights of authors, giving them the exclusive right to exploit their works and to control their unauthorised use. Given the exclusive rights that copyright provides, the law is also concerned with legitimate interests and expectations of users and purveyors of copyright material.
-