XN000022-1985-04-19 — Page 11

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FRIDAY, APRIL 19, 1985

THE SPOKESMAN SAID MR CHAN KAM-CHUEN HAD LONG BEEN INVOLVED WITH THE PROTECTION OF WAGES ON INSOLVENCY FUND, HE WAS A MEMBER OF THE WORKING GROUP ON PROBLEMS EXPERIENCED BY WORKERS OF COMPANIES IN RECEIVERSHIP WHICH RECOMMENDED THE SETTING UP OF A FUND TO PROVIDE QUICK RELIEF TO EMPLOYEES AFFECTED BY INSOLVENCY OF THEIR EMPLOYERS.

FOR MANY YEARS, MR CHAN HAS DEVOTED MUCH OF HIS TIME IN PUBLIC SERVICE, HE TAKES A SPECIAL INTEREST IN LABOUR AFFAIRS. HE WAS A MEMBER OF THE LABOUR ADVISORY BOARD DURING 1977 TO 1984.

OF THE UNOFFICIAL MEMBERS, MR TAM YIU-CHUNG AND MR LAM WAH-HJI ARE BOTH WELL KNOWN AMONG EMPLOYEES IN GENERAL AND TRADE UNIONS IN PARTICULAR. BOTH HAVE BEEN ACTIVE IN PROMOTING EMPLOYEES' WELFARE AND WORKERS' EDUCATION. MR TAM IS ALSO A MEMBER OF THE LABOUR ADVISORY BOARD,

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MR WILLIAM TURNBULL, HAS BEEN VERY ACTIVE IN HIS ADVISORY ROLE TO A NUMBER OF EMPLOYERS' ASSOCIATIONS AND GOVERNMENT COMMITTEES. HE HAS EXTENSIVE EXPERIENCE IN THE ESTABLISHMENT AND OPERATION OF FUNDS.

MR NICHOLAS YEUNG SHU-YAN, IS CURRENTLY A MEMBER OF THE LABOUR ADVISORY BOARD. HE HAS SERVED ON THE COMMITTEE ON

INDUSTRIAL SAFETY AND ACCIDENT PREVENTION SINCE 1982.

THE PROTECTION OF WAGES ON INSOLVENCY FUND, ADMINISTERED BY THE FUND BOARD, IS EXPECTED TO HAVE AN ANNUAL INCOME OF $35 MILLION FROM LEVY ON BUSINESS REGISTRATION CERTIFICATES.

THE PURPOSE OF THE FUND IS TO ENSURE THAT EMPLOYEES AFFECTED BY INSOLVENCY OF THEIR EMPLOYERS RECEIVE WAGES DUE TO THEM MUCH MORE QUICKLY THAN IS POSSIBLE UNDER THE EXISTING COMPLICATED INSOLVENCY PROCEEDINGS.

THE FUND BOARD IS ALSO RESPONSIBLE FOR MAKING RECOMMENDATIONS AS TO THE RATE OF LEVY AND CONSIDERING APPEALS IN RELATION TO APPLICATION FOR PAYMENT FROM THE FUND.

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