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FRIDAY, SEPTEMBER 27, 1985
CONTRACT LEVY RULES PUBLISHED
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THE COMMODITIES TRADING (CONTRACT LEVY) RULES 1985, PUBLISHED IN THE GOVERNMENT GAZETTE TODAY, WILL TAKE EFFECT ON NOVEMBER 1.
THESE RULES WERE MADE BY THE COMMODITIES TRADING COMMISSION AFTER CONSULTATION WITH THE HONG KONG FUTURES EXCHANGE LIMITED.
A SPOKESMAN FOR THE COMMODITIES TRADING COMMISSION EXPLAINED THAT UNDER THESE RULES, THE FUTURES EXCHANGE SHALL PAY TO THE COMMISSION A LEVY AT THE PRESCRIBED RATE ON EVERY LEVIABLE TRANSACTION,
THE LEVY WILL FORM PART OF THE COMPENSATION FUND WHICH AIMS TO PROVIDE PROTECTION TO CLIENTS WHO SUFFER POSSIBLE PECUNIARY LOSSES THROUGH DEFAULTS OF SHAREHOLDERS COMMITTED IN THE COURSE OF TRADING IN COMMODITY FUTURES CONTRACTS ON THE HONG KONG FUTURES EXCHANGE.
THE CONTRACT LEVY HAS BEEN SET AT HK$0.50 FOR EACH BUY OR SELL CONTRACT TRADED ON THE FUTURES EXCHANGE AND REGISTERED WITH A CLEARING HOUSE.
NEW FACILITIES FOR EX-MENTAL PATIENTS
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THE GOVERNMENT IS TO SET UP COMMUNITY THERAPEUTIC CENTRES TO HELP THE SMALL GROUP OF EX-MENTAL PATIENTS DISCHARGED FROM HOSPITALS WHO HAVE RECORDS OF CRIMINAL VIOLENCE OR ASSESSED DISPOSITION TO VIOLENCE, TO RELEARN THEIR LIVING SKILLS, MR'S ANSON CHAN, DIRECTOR OF SOCIAL WELFARE SAID THIS (FRIDAY) EVENING.
+OBVIOUSLY THE DISCHARGE PROCEDURE WILL HAVE TO BE VERY STRICT TO ENSURE THAT ON RELEASE, THE PERSON POSES NO THREAT TO THE PUBLIC,+ SHE SAID.
SPEAKING AT THE ANNUAL GENERAL MEETING OF THE NEW LIFE PSYCHIATRIC REHABILITATION ASSOCIATION, MRS CHAN STRESSED THAT THE GOVERNMENT DID NOT INTEND TO LOCATE SUCH FACILITIES IN PUBLIC HOUSING ESTATES, AND THAT THEY WOULD PROBABLY BE PURPOSE-BUILT.
THE DESIGN AND LAYOUT OF THESE CENTRES AND THE PLANNING OF THE NECESSARY TREATMENT AND REHABILITATION PROGRAMMES WOULD TAKE TIME, AND THUS THIS NEW FACILITY WAS UNLIKELY TO MATERIAL ISE FOR ANOTHER YEAR OR TWO, SHE SAID.
RESIDENTS OF THESE CENTRES WOULD HAVE TO ATTEND REGULARLY AN OUT-PATIENT PSYCHIATRIC CLINIC AND BE UNDER THE SUPERVISION OF A SOCIAL WORKER.
THE CENTRES
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