XN000022-1986-03-14 — Page 10

FRIDAY, MARCH 14, 1986

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FROM THAT DATE, ALL DEEDS OF TRUST, WHETHER ENTERED INTO BEFORE OR AFTER THE APPOINTED DAY, WILL BE VOID.

THE NEW SECTION 26 READS:

ANY AGREEMENT

WHICH HAS THE EFFECT OF MAKING A MEMBER OF THE EXCHANGE COMPANY SUBJECT TO THE CONTROL OR DIRECTION OF ANOTHER, WHETHER AS THE AGENT, TRUSTEE OR NOMINEE OF THAT OTHER OR OTHERWISE HOWSOEVER SHALL BE VOID AND WITHOUT EFFECT.+

THE FOLLOWING ARRANGEMENTS WILL NOT, HOWEVER, BE AFFECTED BY THE NEW SECTION 26:

(A) ANY DEALING PARTNERSHIP FOR DEALING IN SECURITIES:

ANY MANDATE FROM A CLIENT TO THE MEMBER OF THE UNIFIED EXCHANGE TO DEAL

(B)

(c)

ANY AGENCY AGREEMENT WITH FOREIGN STOCKBROKERS

AND

(D) OTHER TRANSACTIONS IN THE ORDINARY COURSE OF

STOCKBROKING BUSINESS.

WAN CHAI OUTLINE ZONING PLAN TO BE AMENDED

******

THE WAN CHAI OUTLINE ZONING PLAN IS TO BE AMENDED TO PAVE THE WAY FOR THE EXPECTED REDEVELOPMENT OF THE SHARP STREET THAM DEPOT.

ANNOUNCING THE CHANGE TODAY (FRIDAY), A SPOKESMAN FOR THE TOWN PLANNING BOARD EXPLAINED THAT THE DEPOT SITE HAD BEEN REDESIGNATED AS A COMPREHENSIVE REDEVELOPMENT AREA'.

THIS AMENDMENT WAS TO ALLOW THE BOARD TO ASSESS THE DEVELOPMENT PROPOSAL ON THIS SITE, THROUGH THE SUBMISSION OF A MASTER LAYOUT PLAN, HE SAID.

+THE BOARD HAS RECENTLY CONSIDERED THE PROPOSED RELOCATION OF THE TRAM DEPOT TO THE WESTERN RECLAMATION AND SHAU KEI WAN RECLAMATION. THE OPPORTUNITY WILL BE TAKEN TO IMPROVE THE ENVIRONMENT SUCH AS THE PROVISION OF OPEN SPACE, COMMUNITY FACILITIES AND TRAFFIC CONDITIONS WHEN THE REDEVELOPMENT PROPOSAL FOR THE DEPOT IS RECEIVED, THE SPOKESMAN SAID.

THE AMENDED

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