XN000022-1991-02-06 — Page 7

CONCLUS ION

WEDNESDAY, FEBRUARY 6, 1991

I SAID AT THE BEGINNING OF THIS SPEECH THAT WE MUST REVERSE THE PRESENT TREND OF AN INCREASING CRIME RATE. WE INTEND TO DO SO BY MEANS OF STEPPED UP POLICE OPERATIONS; BY THE INTRODUCTION OF NEW LEGISLATION;

ALSO AND BY INCREASED CO-OPERATION WITH CHINA WHICH IS CONCERNED TO TAKE EFFECTIVE ACTION TO COUNTER CROSS-BORDER CRIMINAL THERE ARE ALREADY SOME ENCOURAGING SIGNS. BOTH OVERALL ACTIVITIES. CRIME AND VIOLENT CRIME FELL IN THE LAST QUARTER OF 1990; DECEMBER 1990 IN PARTICULAR SAW A MARKED DECREASE IN CRIME.

IF THIS INITIAL SUCCESS IS TO BE SUSTAINED, PUBLIC CO-OPERATION IN THE FIGHT AGAINST CRIME IS CRUCIAL. THIS HAS BEEN ONE OF THE MAIN

THE AIMS OF

LIKE TO FIGHT CRIME COMMITTEE. AND I SHOULD HERE

PAY MUCH TO THOSE MEMBERS OF OUR COMMUNITY WHO HAVE GIVEN 30 TRIBUTE

OF THEIR TIME OVER MANY YEARS TO THE IMPORTANT WORK OF THE CENTRAL AND

FIGHT DISTRICT

THEY CRIME COMMITTEES. I BELIEVE THAT

EFFORTS HAVE BORNE FRUIT. REGULAR SURVEYS SHOW THAT THE PUBLIC IS TWICE AS LIKELY TREND, AND TO REPORT CRIME AS 10 YEARS AGO. THIS IS AN ENCOURAGING ONE ON WHICH I SHALL STRIVE TO BUILD AND IMPROVE.

WE HAVE IN THIS DEBATE CONCENTRATED LARGELY ON THE SHORTCOMINGS

WB AND THE FAILURES. WE SHOULD REMEMBER ALSO THE SUCCESSES.

CRIME SEEN A REDUCTION IN MANY FORMS OF CRIME IN RECENT YEARS. JUVENILES AND YOUNG PERSONS DROPPED BY OVER 5% IN 1990. AND AT LBAST PART

THE

MUCH OF

INCREASE IN CRIME LAST YEAR WAS DUE TO A

HIGHER A9 NUMBER OF ARRESTS FOR PREVENTIVE CRIME, THAT IS FOR OFFENCES SUCH POSSESSION OF WEAPONS WHERE POLICE ACTION EFFECTIVELY PREVENTED THE CARRYING THROUGH OF CRIMINAL ACTS.

HAVE

BY

ONE OF THE HONG KONG'S GREAT ASSETS, AN IMPORTANT FACTOR UNDERLYING ITS ECONOMIC SUCCESS, IS THAT IT REMAINS A SAFE CITY, BY ANY COMPARISON WITH CITIES OF COMPARABLE SIZE, NOT ONLY

NORTH IN AMERICA OR EUROPE, BUT ALSO WITHIN THE REGION, INCLUDING SINGAPORE. WE ARE DETERMINED THAT IT SHOULD REMAIN SO.

SIR, I SUPPORT THE MOTION.

0

TOKYO AND

BILL SEEKS TO SET OUT FIDUCIARY DUTIES OF

COMPANY DIRECTORS INTRODUCED

THE PURPOSE OF THE COMPANIES (AMENDMENT} BILL 1991 IS то INCORPORATE IN THE COMPANIES ORDINANCE A STATEMENT OF THE GENERAL FIDUCIARY DUTIES OF COMPANY DIRECTORS, THE FINANCIAL SECRETARY, THE HON SIR PIERS JACOBS, TOLD THE LEGISLATIVE COUNCIL TODAY (WEDNESDAY).

OUT

MOVING THE SECOND READING OF THE BILL, SIR PIERS SAID AT PRESENT THERE WAS NO PROVISION IN THE COMPANIES ORDINANCER SETTING THE FIDUCIARY DUTIES OF COMPANY DIRECTORS.

/HE SAID,