XN000022-1992-01-29 — Page 9

WEDNESDAY, JANUARY 29, 1992

EXPRESSED BY COULD AFFECT DRAFTED, MEMBERS

AS NOW THE PROVISIONS,

GENUINE BETWEEN

PROPERTY DEVELOPMENT COMPANIES TRANSACTIONS SPECULATIVE SALES OF DOMESTIC FLATS.

HE SAID HE COULD UNDERSTAND THE CONCERN

THAT

"I ALSO UNDERSTAND AND APPRECIATE THE SENSE OF UNEASE

WORKABILITY THE REGARDING GROUP OF THE MEMBERS

AD HOC RELATIVELY SIMPLE BILL.

SOME

BOTH

AND

AMONGST OF THIS

THE USE OF SHELL "BUT THERE IS NO ESCAPING THE FACT THAT

IS WIDESPREAD. SUCH COMPANIES TO

INTERESTS IN PROPERTY TRANSFER COMPANIES CAN EASILY BE PURCHASED FOR A FEW THOUSAND DOLLARS.

"THE GOVERNMENT REMAINS CONCERNED THAT, UNLESS THIS LOOPHOLE IS CLOSED, THE IMPACT OF THE PRESENT BILL COULD BE LIMITED. CONCERNED THAT, IF PEOPLE ARE NOT DISCOURAGED FROM

BE ACQUIRING COMPANIES COMPANIES, PURCHASERS COULD LIABILITIES, HOWEVER GOOD THEIR LEGAL ADVICE MAY BE,

WE ARE ALSO USING SHELL WITH HIDDEN 11 MR YEUNG SAID.

THAT

WAY

COULD SUPPORT MR YEUNG SAID FOR THIS REASON, THE GOVERNMENT

CHEUNG ONLY ON THE UNDERSTANDING THE AMENDMENTS PROPOSED BY MR IT WOULD MOVE FORWARD QUICKLY TO FIND AN ACCEPTABLE AND EFFECTIVE OF CLOSING THE AVOIDANCE LOOPHOLE.

GROUP IN AD HOC WELCOMED THE HE

CONTINUATION OF THE EXAMINATION OF ANY PROPOSALS THAT THE GOVERNMENT MIGHT PUT FORWARD.

ITS

IN

BRING FORWARD NEW "FOR OUR PART, THE GOVERNMENT INTENDS TO PROPOSALS AS SOON AS POSSIBLE FOR DISCUSSION WITH THE AD HOC GROUP

I MR YEUNG SAID. THE FIRST INSTANCE,

BE GAZETTED

THE STAMP DUTY (AMENDMENT) (NO. 4) ORDINANCE WILL THIS FRIDAY (JANUARY 31) AND WILL COME INTO FORCE ON THE SAME DAY.

0

USAGE OF DRUGS AND MEDICAL SUPPLIES IN HOSPITALS MONITORED

THE HOSPITAL AUTHORITY MONITORED THE USAGE OF DRUGS AND MEDICAL MANAGEMENT SUPPLIES IN HOSPITALS THROUGH A COMBINATION OF BUDGETARY

WELFARE, MRS AND INVENTORY CONTROL, THE SECRETARY FOR HEALTH AND ELIZABETH WONG, SAID TODAY (WEDNESDAY).

TOLD REPLYING TO A QUESTION BY DR THE HON CONRAD LAM, MRS WONG

MANAGEMENT, EX- THE LEGISLATIVE COUNCIL THAT IN TERMS OF BUDGETARY

OF DRUGS AND GOVERNMENT HOSPITALS CHANNELLED THEIR USAGE PATTERNS

THE THROUGH

LEDGER ACCOUNTING MEDICAL SUPPLIES FINANCIAL INFORMATION SYSTEM (LAFIS).

THE AUTHORITY TO

MAINTAINING THEIR OWN REPORTS

HOSPITALS EX-SUBVENTED SAID SHE ACCOUNTING SYSTEMS WERE REQUIRED TO SUBMIT MONTHLY FINANCIAL TO THE AUTHORITY.

/"SUCH INFORMATION