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Friday, May 18, 1973

SECURITIES CHAIRMAN TO VISIT AUSTRALIA

Mr. Y.H. Kan, Chairman of the Securities Advisory Council, and

Mr. D.E. Berry of the Attorney General's Chambers, will leave Hong Kong

tomorrow (Saturday) night for a short visit to Australia.

Mr. Berry is responsible for drafting the Securities Bill, now

in its final stages, and other bills concerned with investments.

During their stay in Australia, they will discuss with government

officials, stock exchange representatives and businessmen various aspects

of the Australian legislation on trading in securities. This will include

matters of drafting and problems arising from the operation of the legislation

since it was enacted about three years ago.

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