XN000022-1977-08-10 — Page 30

WEDNESDAY, AUGUST 10, 1977

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NAVIGATION BEACONS STUDY

****

THE MARINE DEPARTMENT, THROUGH ITS STANDING COMMITTEE ON NAVIGATIONAL AIDS, HAD ALREADY BEEN INVESTIGATING THE NEED FOR NAVIGATION BEACONS AT FAT TONG MUN AND SOR SEE MUN FOR THE PAST FEW WEEKS, THE ACTING SECRETARY FOR ECONOMIC SERVICES, THE HON. DAVID T.K. WONG SAID TODAY.

A CONCLUSION IS LIKELY TO BE REACHED WITHIN TWO WEEKS, HE ADDED IN REPLY TO A QUESTION FROM THE HON. T.S. LO.

+AS FOR FAN TSANG MUN, NO STUDY HAS AS YET BEEN INITIATED BUT BECAUSE CF MR. LO'S QUESTION ONE WILL BE UNDERTAKEN BY THE STANDING COMMITTEE,+ HE SAID.

AMENDMENT TO COMPANY PARTNERSHIPS LAW ****

A BILL WHICH WILL LIFT THE PROHIBITION FOR PARTNERSHIPS OF SOLICITORS, PROFESSIONAL ACCOUNTANTS, MEMBERS OF A RECOGNISED STOCK EXCHANGE AND MEMBERS OF SUCH OTHER BODIES AS MAY BE PRESCRIBED BY THE GOVERNOR, IS EXPECTED TO BE INTRODUCED INTO THE LEGISLATIVE COUNCIL EARLY NEXT YEAR.

THIS WAS REVEALED BY THE ACTING SECRETARY FOR ECONOMIC SERVICES, THE HON. DAVID T.K. WONG IN THE LEGISLATIVE COUNCIL TODAY IN REPLY TO A QUESTION FROM THE HON. JOHN BREMRIDGE.

MR. WONG ADDED THAT THE AMENDMENT OF SECTION 345 OF THE COMPANIES ORDINANCE, WHICH PROHIBITS PARTNERSHIPS WITH MORE THAN 20 MEMBERS OTHER THAN FOR THE BUSINESS OF BANK ING, IS ONE OF THE MANY RECOMMENDATIONS MADE IN THE SECOND REPORT OF THE COMPANIES LAW REVISION COMMITTEE.

+SOME OF THOSE RECOMMENDATIONS HAVE ALREADY BEEN PASSED INTO LAW. + HE SAID AND +WORK ON AN OMNIBUS BILL TO IMPLEMENT MOST OF THE REST OF THE RECOMMENDATIONS IS IN PROGRESS.+

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