XN000022-1988-06-10 — Page 17

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SUCH

*UNDER THIS AMENDMINT BILL, DOCUMENTS AS PRESCRIBED FORMS WILL ALSO DEFINITION," HE ADDED.

BE

FRIDAY, JUNE 10, 1988

USED BY PUBLIC BODIES EXCLUDED FROM THE

THE BILL IS EXPECTED TO BE INTRODUCED INTO THE LEGISLATIVE COUNCIL FOR FIRST READING ON JUNE 22, 1988.

MEMBERS OF THE PUBLIC WHO WISH TO COMMENT ON ITS PROVISIONS CAN WRITE TO THE SECRETARY FOR ADMINISTRATIVE SERVICES AND INFORMATION AT CENTRAL GOVERNMENT OFFICES, EAST WING, 1/F, LOWER ALBERT ROAD, CENTRAL OR TO OMELCO AT 8 JACKSON ROAD, CENTRAL.

AMENDMENTS TO BANKRUPTCY AND COMPANIES BILLS

AMENDMENTS

THE GOVERNMENT IS PROPOSING LEGISLATIVE POWERS TO THE REGISTRAR OF THE SUPREME COURT ΤΟ HEAR BANKRUPTCY AND WINDING UP PETITIONS IN OPEN COURT.

THE AMENDMENTS ARE CONTAINED IN THE BANKRUPTCY BILL 1988 AND THE COMPANIES (AMENDMENT) (NO. 2) BILL 1988 GAZETTED TODAY (FRIDAY).

A GOVERNMENT SPOKESMAN EXPLAINED THAT THE PROPOSED ARE AIMED AT REDUCING THE TIME SPENT BY THE BANKRUPTCY UNCONTESTED BANKRUPTCY PETITIONS, AND THE TIME SPENT BY THE JUDGE ON UNOPPOSED PETITIONS FOR WINDING UP OF COMPANIES.

TO CONFER UNCONTESTED

(AMENDMENT) WHICH WERE

AMENDMENTS

JUDGE COMPANIES

ON

BANKRUPTCY HEARING

"THE RE-DISTRIBUT LON OF DUTIES WILL ENABLE THE JUDGE AND THE COMPANIES JUDGE TO DEVOTE MORE OF THEIR TIME TO CONTESTED MATTERS, THE SPOKESMAN SAID.

THE BILLS ARE SCHEDULED TO BE INTRODUCED INTO THE LEGISLATIVE COUNCIL ON JUNE 22.

MEMBERS OF THE PUBLIC WHO WISH TO COMMENT ON THE BILLS WRITE TO OMELCO, 8 JACKSON ROAD, CENTRAL OR TO THE OFFICE DEPUTY CHIEF SECRETARY, FIFTH LOWER ALBERT ROAD, CENTRAL.

FLOOR,

CENTRAL

GOVERNMENT

SHOULD OF THE OFFICES,

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