16
FRIDAY, NOVEMBER 25, 1988
DTC LICENCE REVOKED
THE COMMISSIONER OF
BANKING
ANNOUNCED THAT
SECTION 32(2)
OF
THE LICENCE OF COMPANY HAS LEEN TODAY BANKING
SAMUEL MONTAGU AND CO. LIMITED AS A DEPOSIT-TAKING REVOKED BY THE FINANCIAL SECRETARY AT THE CLOSE OF BUSINESS
THE OWN REQUEST (FRIDAY) AT ITS ORDINANCE.
UNDER
DTC REGISTRATION REVOKED
OF
COMPANY
HAS
AT ITS
OWN
THE COMMISSIONER OF BANKING ANNOUNCED THAT THE REGISTRATION
DEPOSIT-TAKING RIA FINANCE AND INVESTMENTS LIMITED AS A
OF
TODAY (FRIDAY) BUSINESS BEEN REVOKED AT THE CLOSE REQUEST UNDER SECTION 31(2) OF THE BANKING ORDINANCE,
EXPERIMENTAL TRAFFIC SIGNAL SCHEME ON CANAL ROAD FLYOVER
AN EXPERIMENTAL TRAFFIC SIGNAL SCHEME TO ENHANCE THE SAFETY NORTHBOUND TRAFFIC ON CANAL ROAD FLYOVER WILL BE IMPLEMENTED FROM AM NEXT TUESDAY (NOVEMBER 29), THE TRANSPORT DEPARTMENT ANNOUNCED.
TRAFFIC LIGHTS WILL BE INSTALLED ON CANAL ROAD FLYOVER MERGE POINT WITH THE UP-RAMP COMING UP FROM QUEEN'S ROAD EAST,
OF
10
AT ITS
THE A SPOKESMAN FOR
DEPARTMENT
AT PRESENT EXPLAINED THAT
ABERDEEN MOTORISTS FROM HAPPY VALLEY HAVE TO GIVE WAY TO TRAFFIC FROM
GEOMETRY OF THE TUNNEL AND EXPERIENCE SIGHT-LINE PROBLEM DUE TO THE JUNCTION ON THE FLYOVER.
THE WITH THE TRAFFIC SIGNALS TO APPORTION SUITABLE PRIORITY TO
THE TUNNEL,
GIVE-WAY TRAFFIC STREAMS FROM HAPPY VALLEY AND ABERDEEN ARRANGEMENT CAN BE CANCELLED TO SOLVE THE SIGHT-LINE PROBLEM.
WOULD
+
THE
TO THE
ENHANCING ROAD SAFETY, THE SPOKESMAN ADDED THAT BESIDES
ALSO BRING SCME IMPROVEMENTS TRAFFIC SIGNAL SCHEME CONGESTED UP-RAMP TRAFFIC
VALLEY, ALTHOUGH SIGNIFICANT IMPROVEMENT TO THE OVERALL JUNCTION CAPACITY IS NOT EXPECTED.
FROM HAPPY
THE TRIAL PERIOD WILL LAST FOR ABOUT SIX MONTHS.
THE SCHEME,
CONTINUE IF PROVED TO BE SUCCESSFUL, WOULD IMPLEMENTED ON A PERMANENT BASIS.
ΤΟ BR
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