XN000022-1987-05-20 — Page 4

WEDNESDAY, MAY 20, 1987

IN TIME THIS PROPERTY MIGHT AGAIN BE SOLD AND RESOLD IN RELIANCE UPON THE VALIDITY OF THAT SALE, MR THOMAS SAID, +IF THERE WERE ANY QUESTION CONCERNING THE POWER OF THE DONEE TO ACT ON THE VENDOR'S BEHALF. THIS COULD AFFECT THE TITLE OF THE IMMEDIATE PURCHASER AND ALL SUBSEQUENT PURCHASERS DOWN THE LINE.+

THE PROBLEM AROSE BECAUSE UNKNOWN TO THE BONEE AND THE FIRST PURCHASER. THE POWER OF ATTORNEY MIGHT HAVE BEEN REVOKED OR TERMINATED, FOR EXAMPLE, BY THE DEATH OF THE OWNER.

SECTION 5 OF THE POWERS OF ATTORNEY ORDINANCE ALREADY PROVIDED THAT THE INTEREST OF THESE PURCHASERS WOULD BE PROTECTED

NOTWITHSTANDING THE FACT THAT THE POWER OF ATTORNEY MIGHT HAVE BEEN REVOKED IF EITHER THE DONEE OR THE FIRST PURCHASER HAD NO KNOWLEDGE OF THAT REVOCATION.

THE SECTION WENT FURTHER AND PROVIDED THAT IF THE FIRST PURCHASER HAD MADE A STATUTORY BECLARATION TO THE EFFECT THAT HE DID NOT KNOW THAT THE POWER OF ATTORNEY HAD BEEN REVOKED IT SHOULD BE CONCLUSIVELY PRESUMED THAT HE DID NOT KNOW.

THE SECTION ALSO ENABLED THIS STATUTORY BECLARATION TO BE MADE WITHIN THREE MONTHS OF THE SALE FROM THE DONEE TO THE FIRST PURCHASER OR WITHIN A LIKE TIME OF ANY OTHER SUBSEQUENT SALE.

+THUS THE TITLE OF THE FIRST PURCHASER AND THE CHAIN OF TITLES OF SUBSEQUENT PURCHASERS ARE PROTECTED,♦ MR THOMAS SAID.

WAGE CEILING FOR EMPLOYEE PROTECTION RAISED

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THE WAGE CEILING OF THE NON-MANUAL EMPLOYEES TO WHOM THE PROVISIONS OF THE EMPLOYMENT ORDINANCE APPLIED SHOULD BE RAISED TO $11 500 PER MONTH, THE SECRETARY FOR EDUCATION AND MANPOWER THE HON MICHELANGELO" PAGLIARI, TOLD THE LEGISLATIVE COUNCIL TODAY (WEDNESDAY).

MOVING THE MOTION ON THE EMPLOYMENT ORDINANCE, MR PAGLIARI SAID WHEN THIS ORDINANCE WAS ENACTED IN SEPTEMBER 1968 ITS PROVISIONS WERE ALSO APPLIED TO NON-MANUAL EMPLOYEES WHO WAGES DID NOT EXCEED $1 500 PER MONTH,

+SINCE THEN, THIS WAGE CEILING HAS BEEN REVISED PERIODICALLY TO MAINTAIN ITS ORIGINAL VALUE. THE MOST RECENT REVISION WAS IN MAY 1986, WHEN THE CEILING WAS RAISED TO $10 500, HE SAID.

/MR PAGLIARI