XN000022-1988-06-15 — Page 14

1

12

WEDNESDAY, JUNE 15, 1988

THE TRAVEL INDUSTRY COUNCIL OF DESIGNATED THE "APPROVED ORGANISATION" IN ORDINANCE,

HONG

THE

KONG (TIC) WOULD BE NEW SCHEDULE TO THE

TRAVEL AGENTS WOULD ACQUIRE MEMBERSHIP OF THE TIC BY JOINING ONE OF ITS SIX ASSOCIATION MEMBERS.

TIC MEMBERSHIP WOULD BE A PRE-REQUISITE FOR THE GRANTING LICENCE BY THE REGISTRAR OF TRAVEL AGENTS.

OF A

"THE INTRODUCTION OF THIS LICENSING CONDITION WILL ENSURE THAT ALL LICENSEES MEET CERTAIN MINIMUM REQUIREMENTS, MR NENDICK SAID.

"THE MEMBERSHIP

CRITERIA

FOR

JOINING THE TRAVEL INDUSTRY COUNCIL WILL INCLUDE, AMONGST OTHER THINGS, MINIMUM CAPITAL REQUIREMENTS AND THE PROVISION OF SUITABLE COMMERCIAL PREMISES AND EXPERIENCED STAFF TO RUN THE TRAVEL SERVICE.

"THE MEMBERSHIP CRITERIA SET CERTAIN BASIC STANDARDS, BUT THEY NOT UNDULY ONEROUS. BONA FIDE OPERATORS SHOULD HAVE NO DIFFICULTY IN MEETING THEM.

ARE

||

MR NENDICK SAID THAT IN ORDER TO ENSURE THAT THE MEMBERSHIP CRITERIA FOR JOINING THE TIC WERE ADMINISTERED FAIRLY AND IMPARTIALLY, AN APPEALS MECHANISM WOULD BE ESTABLISHED,

UPON THE

ΤΟ JOIN

UNDER THE NEW TIC CONSTITUTION, TO BE ADOPTED INCORPORATION OF THE TIC, A TRAVEL AGENT, WHOSE APPLICATION ANY ASSOCIATION MEMBER OF THE TIC HAD BEEN REFUSED, MIGHT APPLY FOR HIS CASE TO BE REVIEWED BY AN APPEAL BOARD OF THE TIC AND BY FURTHER APPEAL, TO THE REGISTRAR OF TRAVEL AGENTS.

THEREAFTER,

**SHOULD THE REGISTRAR FIND IN FAVOUR OF THE APPLICANT CONCERNED, HE MAY DIRECT THE TIC TO ACCEPT THE APPLICANT AS A MEMBER.

'A SIMILAR RIGHT OF APPEAL IS PROVIDED FOR IN AGENT WHOSE MEMBERSHIP HAS BEEN SUSPENDED OR REVOKED HE SAID.

MR NENDICK SAID IT WAS INTENDED THAT A NEW COMPENSATION SCHEME SHOULD BE ESTABLISHED ΤΟ REPLACE TRAVEL AGENTS' RESERVE FUND.

RESPECT OF AN BY THE TIC,

NON-STATUTORY

THE EXISTING

THE NEW COMPENSATION FUND WOULD BE NAMED THE TIC RESERVE FUND. THIS WOULD BE IN THE FORM OF A SEPARATE COMPANY.

+

"IN ADDITION TO REPRESENTATIVES OF THE TRAVEL INDUSTRY THE BOARD OF DIRECTORS OF THE TIC RESERVE FUND WILL INCLUDE A LEGISLATIVE COUNCILLOR, A GOVERNMENT OFFICIAL, A CONSUMER COUNCIL REPRESENTATIVE AND FOUR PROFESSIONALS DRAWN FROM THE LEGAL, BANKING, ACCOUNTING AND INSURANCE SECTORS RESPECTIVELY," HE SAID.

/MR NENDICK