XN000022-1991-04-18 — Page 15

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THURSDAY, APRIL 18, 1991

SECRECY

INFORMATION WITH

PROVISIONS NOT

CONSENT

TO OF

APPLY PERSON

TO

DISCLOSURE

OF

TO

WHOM

INFORMATION.

RELATES;

SECRECY PROVISIONS NOT TO APPLY ALREADY BEEN MADE PUBLIC LEGITIMATELY;

TO INFORMATION WHICH HAS

NOT TO BE REQUIRED

FORM BY

FOR ONWARD RECIPIENTS

PRIOR CONSENT BY THE SFC DISCLOSURE OF INFORMATION IN A SUMMARY OF SUCH INFORMATION, FOR EXAMPLE, THE MEDIA;

WHOM IT

POSSIBLE BUT NOT

SFC TO GAZETTE THE NAMES OF OVERSEAS REGULATORS TO

AS SOON AS INFORMATION DISCLOSES NECESSARILY PRIOR TO DISCLOSURE.

"IN FORMULATING

WE THESE AMENDMENTS, NEED THE CONSIDERATION TO

FOR ADEQUATE LEGAL CONTROLS TO GUARD AGAINST IMPROPER DISCLOSURE OF

DUE

HAVE GIVEN AND ADMINISTRATIVE INFORMATION BY THE SFC OR RECIPIENTS OF SUCH INFORMATION," MR NENDICK SAID.

THE BILL WILL BE PUBLISHED IN THE GAZETTE TOMORROW (FRIDAY).

MORE TIME FOR POLICE TRUSTS ACCOUNTS SUBMISSION

**

TWO BILLS WILL BE PUBLISHED IN THE GOVERNMENT GAZETTE TOMORROW

OF THE (FRIDAY) PROVIDING FOR AN EXTENSION BY THREE MONTHS

PERIOD AND WITHIN WHICH THE ANNUAL AUDITED STATEMENT OF ACCOUNTS

REPORT OF AND THE TRUSTEE UNDER THE POLICE CHILDREN'S EDUCATION TRUST ORDINANCE THE POLICE EDUCATION AND WELFARE TRUST ORDINANCE MUST BE TABLED IN THE LEGISLATIVE COUNCIL.

AND OF

THE TRUSTS WERE ESTABLISHED IN 1967 POLICE WAS APPOINTED THE PERMANENT TRUSTEE MANAGEMENT COMMITTEES WERE FORMED TO ASSIST HIM.

THE COMMISSIONER OF THE FUNDS WHILE TWO

UNDER THE ORDINANCES, THE TRUSTEE IS REQUIRED TO PREPARE ACCOUNTS OF ALL TRANSACTIONS OF THE FUNDS FOR EACH YEAR ENDING MARCH

31.

A STATEMENT OF ACCOUNTS SIGNED BY THE TRUSTEE MUST BE AUDITED BY AN AUDITOR APPOINTED BY THE GOVERNOR.

THE

A COPY OF THE SIGNED AND AUDITED STATEMENT OF ACCOUNTS, TOGETHER WITH THE AUDITOR'S REPORT AND A REPORT BY THE TRUSTEE ON ADMINISTRATION OF THE FUNDS, MUST THEN BE TABLED IN THE LEGISLATIVE COUNCIL BY SEPTEMBER 30.

INCEPTION. IN

RECEIVED

ASSISTANCE

THEIR THE TRUSTS HAVE GROWN CONSIDERABLY SINCE

OFFICERS 1989/90, A TOTAL OF 1,700 STUDENTS AND FROM THEM.

/A GOVERNMENT