XN000022-1991-05-14 — Page 6

TUESDAY, MAY 14, 1991

1991.

5

STATEMENT ON COURT OF APPEAL JUDGEMENT

TODAY

OF A

IN RESPONSE TO PRESS ENQUIRIES ABOUT THE JUDGEMENT GIVEN (TUESDAY) BY THE COURT OF APPEAL ON THE VALIDITY OF APPOINTMENT

ATTORNEY GENERAL'S CHAMBERS ISSUED MAGISTRATE, A SPOKESMAN FOR THE THE FOLLOWING STATEMENT:

"THIS TS AN

JUDGEMENT IMPORTANT

ON A MATTER

CONCERNING

OUR

CAN RE DELEGATED AND

CONSTITUTIONAL LAW. THE JUDGEMENT SPEAKS FOR ITSELF. IT CONFIRMS VIEW THAT THE GOVERNOR'S POWER OF APPOINTMENT THAT MAGISTRATES HAVE BEEN VALIDLY APPOINTED.

1991 FIRST QUARTER BUSINESS SURVEY RESULTS RELEASED

FIRMS IN THE MANUFACTURING SECTOR AS A WHOLE EXPERIENCED A LOWER LEVEL OF BUSINESS IN THE FIRST QUARTER OF 1991 COMPARED WITH THE FOURTH QUARTER OF 1990, ACCORDING TO THE RESULTS OF THE BUSINESS SURVEY RELEASED TODAY (TUESDAY) BY THE CENSUS AND DEPARTMENT.

QUARTERLY. STATISTICS

LOOKING

FIRMS AHEAD,

IN THIS SECTOR

GENERALLY

EXPECT AN COMPARED WITH

IMPROVEMENT IN BUSINESS IN THE SECOND QUARTER OF 1991 THE FIRST QUARTER.

THESE

COMPARISONS

ARE,

HOWEVER, LIKELY

ΤΟ

BE

AFFECTED

BY

THE

SEASONAL FACTORS. AS FAR AS MANUFACTURING ACTIVITY IS CONCERNED, FIRST QUARTER OF THE YEAR IS USUALLY A SEASONALLY LOW PERIOD WHILE THE THIRD AND THE FOURTH QUARTERS ARE NORMALLY MORE ACTIVE PERIODS.

PARTICULARLY TEXTILES, AND PLASTICS THE FIRST IN

FIRMS IN MOST MANUFACTURING INDUSTRIES SURVEYED, THOSE IN THE FOOD, BEVERAGE AND TOBACCO, INDUSTRIES, EXPERIENCED A DETERIORATION IN BUSINESS QUARTER OF 1991 COMPARED WITH THE FOURTH QUARTER OF 1990.

IN

FIRMS IN THE BUSINESS

AS REGARDS THE BUSINESS PROSPECTS FOR THE SECOND QUARTER, ALL MANUFACTURING INDUSTRIES SURVEYED, PARTICULARLY THOSE PLASTICS INDUSTRY, GENERALLY EXPECT A NOTABLE IMPROVEMENT IN OVER THE FIRST QUARTER.

EXPERIENCED A EXPECT

IN THE CONSTRUCTION SECTOR, THE FIRMS SURVEYED RELATIVELY STABLE BUSINESS IN THE FIRST QUARTER OF 1991 AND THEIR BUSINESS TO REMAIN STABLE IN THE SECOND QUARTER AS WELL.

HOTELS TRADES SECTOR,

QUARTER, WHILE EXPERIENCED A DETERIORATION IN BUSINESS IN THE FIRST

WHOLESALE,

IN

THE

AND DISTRIBUTIVE

CATERING

BUSINESS

IN

RESTAURANTS THE

AND THE

IMPORT/EXPORT TRADES REMAINED STABLE.

RETAIL AND

/REGARDING THE