XN000022-1988-01-20 — Page 9

8

WEDNESDAY, JANUARY 20, 1988

AN

WERE ALSO WHICH WERE NOT UNFAIR HAD

HE ADDED THAT SOME MEMBERS OF THE BANKING COMMUNITY CONCERNED THAT FOREIGN BANKS OPERATING IN HONG KONG, SUBJECT

REQUIREMENTS, DISCLOSURE ADVANTAGE OVER LOCAL INSTITUTIONS.

ΤΟ SUCH

STRICT

THE

MR JACOBS SAID THAT AFTER REVIEWING THE MATTER AND SEEKING

OF THE ADVICE

REFORM, THE STANDING COMMITTEE ON COMPANY LAW

OF BANKING CONFIDENTIALITY, BUT GOVERNMENT ACCEPTED THE IMPORTANCE

OF DISCLOSURE OF DETAILED CONSIDERED THAT IN GENERAL. THE PRINCIPLE

IT DID TO OTHER INFORMATION TO THE PUBLIC SHOULD APPLY TO BANKS AS COMPANIES.

WHILE

POINTED OUT THAT

DISCLOSE GIVE THE

HAVE TO THEY HAD TO

ON THE PROPOSED EXEMPTION, MR JACOBS

NOT INSTITUTIONS WOULD THE AUTHORISED FINANCIAL DETAILS OF SUCH LOANS IN THEIR ANNUAL ACCOUNTS, AGGREGATE FIGURES OF THE LOANS IN THEM.

THE EXEMPTION DID NOT APPLY TO LOANS OR OF HK$10 MILLION WHERE THAT LOAN OR GUARANTEE CONCESSIONARY TERMS, HE ADDED.

DEBATE ON THE BILL. WAS ADJOURNED.

EXCESS GIVEN ON

GUARANTEES IN IS MADE OR

FOUR MEDICAL BILLS SUPPORTED

PRINCIPLE FOUR MEDICAL BILLS, WHICH PROPOSE AMENDMENTS TO THE

SERVICES ORDINANCES TO RELINQUISH THE DIRECTOR OF MEDICAL AND HEALTH

THE DENTAL COUNCIL, THE OF THE CHAIRMANSHIP OF THE MEDICAL COUNCIL,

OF NURSES

AND THE MIDWIVES BOARD

TODAY WERE HONG KONG, (WEDNESDAY) WELCOMED BY MEMBERS OF THE LEGISLATIVE COUNCIL.

BOARD

(AMENDMENT} REGISTRATION

BILL. (NO. 2)

1987:

AND THE

BILL 1987; THE MIDWIVES

THE FOUR BILLS ARE THE MEDICAL 1987; THE DENTISTS REGISTRATION (AMENDMENT}

(AMENDMENT) REGISTRATION NURSES REGISTRATION (AMENDMENT) BILL 1987.

SAID HIS COLLEAGUES

BILL

THE

HIN-KWONG SPEAKING IN SUPPORT OF THE BILLS, DR

HON CHIU OF THE MEDICAL FUNCTIONAL CONSTITUENCY WHICH LEARN INCLUDE DOCTORS, DENTISTS, NURSES AND MIDWIVES, WERE PLEASED TO

STATUTORY THAT THE BILLS WOULD MAKE PROVISIONS FOR THOSE PROFESSIONAL

THEIR RESPONSIBILITIES OF MEDICAL BODIES TO CARRY OUT

REGISTRATION MORE INDEPENDENCE UNDER THE AND DISCIPLINE OF THEIR LEADERSHIP OF AN ELECTED CHAIRMAN.

WITH MEMBERS

BILLS WOULD

ENABLE ALSO

THE

GOVERNOR TO

DR CHIU SAID THE APPOINT A LAY MEMBER TO THE COUNCIL, OR SIMILAR STATUTORY BODIES.

/HE SAID: