XN000022-1983-03-08 — Page 4

TUESDAY, MARCH 8, 1983

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COMPANIES (AMENDMENT) BILL 1983 FOR LEGCO

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THE COMPANIES (AMENDMENT) BILL 1983, COMPLETING THE PROGRAMME OF LEGISLATION COMMENCED IN 1974 TO IMPLEMENT THE RECOMMENDATIONS OF THE COMPANIES LAW REVISION COMMITTEE (SECOND REPORT), WILL BE INTRODUCED IN THE LEGISLATIVE COUNCIL TOMORROW (WEDNESDAY).

DEBATE ON THE BILL WILL RESUME ON A DATE TO BE NOTIFIED.

ANOTHER BILL, THE INLAND REVENUE (AMENDMENT) (NO. 2) BILL 1983, WHICH AIMS TO EXCLUDE FROM THE CHARGE TO PROFIT TAX UNDER PART FOUR OF THE PRINCIPAL ORDINANCE THE PROFITS ON THE DISPOSAL OF SECURITIES BY TRUSTEES UNDER AN AUTHORISED UNIT TRUST, WILL ALSO BE INTRODUCED.

DEBATE ON THIS BILL IS EXPECTED TO RESUME ON APRIL 13 OR 14,

FOUR OTHER BILLS ARE DUE TO GO THROUGH SECOND AND FINAL READINGS, AND A NUMBER OF UNOFFICIAL MEMBERS OF THE COUNCIL WILL BE SPEAKING ON THEM.

THE BILLS ARE:

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INLAND REVENUE (AMENDMENT) BILL 1983, BASING PROPERTY TAX ASSESSMENT ON ACTUAL RENTS RECEIVED, INSTEAD OF ON VALUATION;

PROTECTION OF INVESTORS (AMENDMENT) BILL 1983, PROVIDING SELECTIVE CONTROLS OVER PAPER GOLD TRADING SCHEMES, MAINLY AT RETAIL LEVEL;

* MATRIMONIAL CAUSES (AMENDMENT) BILL 1983, WHICH CLARIFIES

THE DUTIES AND EXTENDS THE POWERS OF COURTS IN RELATION TO MAKING OF ORDERS FOR THE WELFARE OF CHILDREN OF A FAMILY

INVOLVED IN MATRIMONIAL PROCEEDINGS; AND

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REGISTRATION OF PERSONS (AMENDMENT) BILL 1983, PROVIDING A STATUTORY FRAMEWORK FOR MORE SECURE IDENTITY CARDS TO BE ISSUED.

AN UNOFFICIAL MEMBER'S BILL TO AMEND THE COUNCIL OF ST PAUL'S CO-EDUCATIONAL COLLEGE INCORPORATION ORDINANCE AND TO VALIDATE THE ACQUISITION BY THE CORPORATION OF CERTAIN PROPERTY, WILL BE MOVED THROUGH THE FIRST AND SECOND READINGS BY THE HON MARIA TAM. RESUMPTION OF THE READING IS EXPECTED TO TAKE PLACE ON APRIL 13 OR

14.

TWELVE QUESTIONS WILL BE ASKED BY UNOFFICIALS ON A WIDE RANGE OF MATTERS.

SENIOR UNOFFICIAL MEMBER, THE HON ROGER LOBO, WILL ASK ABOUT ACTION BEING TAKEN BY THE GOVERNMENT TO DISCOURAGE VIETNAMESE REFUGEES FROM TRYING TO GET TO HONG KONG BY BOAT DURING THE COMING MONTHS.

/OTHER QUESTIONS