XN000022-1988-07-20 — Page 25

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WEDNESDAY, JULY 20, 1988

"IF ONE CHECKED THESE AGAINST THE TARF ONE FOR ITS FAILURE," HE REMARKED.

KNOWS THE REASONS

MR CHAN ALSO NOTED THAT THIS WOULD BE HIS RETIREMENT FROM THE LEGISLATIVE COUNCIL.

LAST SPEECH BEFORE

"WITH THE FEELING OF MISSION ACCOMPLISHED, I CAN NOW LOOK TO 1947 WHEN I JOINED PUBLIC SERVICE WITH ABSOLUTELY SAID.

NO REGRET, H HE

BACK

DISCOUNTED COMPENSATION UNREASONABLE

PER

THE CONSUMER COUNCIL HAS RAISED SERIOUS CENT

OBJECTION COMPENSATION FORMULA

TO THE 70 PROPOSED UNDER (AMENDMENT) BILL 1988, THE HON SELINA CHOW

THE TRAVEL AGENTS COUNCIL TODAY (WEDNESDAY).

SAID IN THE LEGISLATIVE

VALID

THE

SPEAKING DURING THE RESUMED DEBATE ON THE BILL, MRS CHOW SAID THERE WAS NO

SECOND READING OF COMPENSATION FOR CONSUMERS BY 30 PER CENT AS THE LEVY CAME FROM THEM.

REASON TO DISCOUNT THE

WHERE OF DEBT, AND 19

"THIS IS A RETROGRESSIVE STEP FROM THE PRESENT POSITION, THE LAW STATES THAT COMPENSATION IS BASED ON PROOF NOT SUBJECT TO ANY DISCOUNT," SHE SAID.

TRADE ΤΟ ADOPT AN OPEN PREPARED ΤΟ REVIEW THIS (TIC) RESERVE FUND

SHE URGED THE GOVERNMENT AND THE ATTITUDE TOWARDS THIS ISSUE, AND ΤΟ BE FORMULA AS SOON AS THE TRAVEL INDUSTRY COUNCIL REACHED A SUBSTANTIAL LEVEL.

THE PARTIES CONCERNED SHOULD ACKNOWLEDGE THE FACT THAT THE FUND BELONGED TO THE TRAVELLING PUBLIC, WHO, HAVING PAID FOR OBTAINED TO HAVE FULL REDRESS FROM IT WHEN A MEMBER OF THE

IT,SHOULD BR THEM DOWN IN CASE OF FAILURE OR ABSCONDENCE, SHE ADDED.

TRADE LET

MRS CHOW SAID SHE WAS GLAD THAT ACCEPTED THE CONSUMER COUNCIL'S PROPOSALS TO BRING BOTH

THE ADMINISTRATION HAD THE TIC RESERVE FUND LTD UNDER THE AEGIS OF THE PREVENTION OF

THE TIC AND ORDINANCE AND FOR THE FINANCIAL SECRETARY

BRIBERY DIRECTLY APPOINT FOUR ACCOUNTANCY AND LEGAL

MEMBERS

FROM

THE BANKING,

PROFESSIONS TO THE TIC RESERVE FUND BOARD.

TO

INSURANCE,

"THE CONSUMER COUNCIL CONSIDERS THE

THE

ABOVE ARRANGEMENTS OF COMPLETE IMPARTIALITY AND FUND, WHICH MUST BE

SHE NOTED.

UTMOST IMPORTANCE IN ORDER TO ENSURE ACCOUNTABILITY OF THE BOARD OF THE TIC RESERVE SEEN TO EXERCISE ITS DUTIES IN THE BROAD PUBLIC INTEREST,

FI

AWHILE THE