XN000022-1987-11-19 — Page 7

THURSDAY, NOVEMBER 19, 1987

LEGISLATIVE AMENDMENTS FOR HARMONIZED SYSTEM

OF ORDINANCES LEGISLATIVE AMENDMENTS WILL BE MADE TO A NUMBER TO COPE WITH THE IMPLEMENTATION OF THE HARMONIZED SYSTEM (HS).

THE EXECUTIVE COUNCIL HAS ORDERED THAT UNDER SECTION 31 OF

AND 60)

SECTION

OF 36 IMPORT AND EXPORT ORDINANCE (CHAPTER

318), INDUSTRIAL TRAINING (CLOTHING INDUSTRY) ORDINANCE (CHAPTER IMPORT AND EXPORT (REGISTRATION) (AMENDMENT) REGULATIONS 1987 AND INDUSTRIAL TRAINING (CLOTHING INDUSTRY) (AMENDMENT OF SCHEDULE } 1987 SHOULD BE MADE.

THE

THE

THE

THE

ORDER

NECESSARY

A GOVERNMENT SPOKESMAN SAID THAT THE AMENDMENTS WERE

DESCRIPTIONS AND CODINGS TO TAKE INTO ACCOUNT CHANGES IN COMMODITY

SYSTEM OF CONSEQUENTIAL TO HONG KONG'S FORTHCOMING ADOPTION OF A NEW

THE HARMONIZED COMMODITY IMPORT AND EXPORT CLASSIFICATION DESCRIPTION AND CODING SYSTEM (HARMONIZED SYSTEM IN SHORT).

—

OF

"THE OPPORTUNITY WOULD ALSO BE TAKEN TO EXEMPT THE MOVEMENT

OUT OF HONG KONG FROM BANKNOTES AND COINS IN CIRCULATION INTO AND

HE ADDED. IMPORT AND EXPORT DECLARATION REQUIREMENTS,

++

NAMING

AND CODING SYSTEM

THE HARMONIZED SYSTEM IS A NEW SIMPLIFY INTERNATIONAL TRADE AND TRANSACTIONS AND TO HARMONISE TRADE DOCUMENTATION.

ΤΟ RATIONALISE AND

SYNCHRONISE WITH ITS OF PARTIAL AND ADVERSELY

HONG KONG WILL ADOPT THE HS IN ORDER TO MAJOR TRADING PARTNERS. THE ADOPTION WILL BE ON THE BASIS APPLICATION INITIALLY TO AVOID INCONVENIENCING TRADERS AFFECTING THE ECONOMY.

INTO OR INTERPRETATION OF THE AND EXPORT (REGISTRATION) IMPORT AND EXPORT DECLARATION

AS REGARDS BANKNOTES AND COINS IN CIRCULATION BROUGHT OUT OF HONG KONG, THE SPOKESMAN SAID A STRICT

IMPORT THE PRESENT PROVISIONS OF

TO THEM REGULATIONS WOULD SUBJECT LODGEMENT REQUIREMENTS.

"THEY ARE HOWEVER REGARDED AS CLAIMS ON CAPITAL, INCLUDED IN TRADE STATISTICS."

AND ARE NOT

NEW

THE SYSTEM,

CUSTOMS AND EXCISE IN PREPARATION FOR THE

HAVE BEEN AND DEPARTMENT

THE CENSUS AND STATISTICS DEPARTMENT

TRADERS. ORGANISING A SERIES OF SEMINARS TO EXPLAIN THE NEW SYSTEM TO

NEW SYSTEM THROUGH

LOCAL THERE HAS ALSO BEEN PUBLICITY OF THE MEDIA AND THE PUBLICATION OF A BILINGUAL HANDBOOK.

THE

THE TRADE DEPARTMENT WILL SOON ORGANISE A LARGE SEMINAR IN

REGARDING TRADE

THE NEW CLASSIFICATION CITY HALL FOR THE TEXTILES SYSTEM.

THE

ADOPTION OF THE HARMONIZED TO TIE IN WITH THE LEGISLATIVE AMENDMENTS WILL COME INTO EFFECT ON JANUARY 1 NEXT YEAR.

SYSTEM, THE

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