XN000022-1992-07-01 — Page 27

WEDNESDAY, JULY 1, 1992

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SAFETY MEASURES FOR CARGO-HANDLING WORKERS

A RESOLUTION THAT SEEKS TO SAFEGUARD THE SAFETY OF EMPLOYEES ENGAGED IN CONTAINER HANDLING ACTIVITIES WAS PASSED IN THE LEGISLATIVE COUNCIL TODAY (WEDNESDAY).

MOVING THE FACTORIES AND INDUSTRIAL UNDERTAKINGS (CARGO HANDLING) (AMENDMENT) REGULATION 1992, THE SECRETARY FOR EDUCATION AND MANPOWER, MR JOHN CHAN, SAID UNDER THE REGULATION, PROPRIETORS WERE REQUIRED TO ENSURE THAT CONTAINERS

CONTAINER STORAGE YARDS WERE SAFELY STACKED.

IN

THEY ARE ALSO REQUIRED TO ENSURE THAT THE GROUND ON WHICH CONTAINERS ARE STORED IS MAINTAINED IN A LEVEL AND FIRM CONDITION, AND THAT ADEQUATE PRECAUTIONS ARE TAKEN TO PREVENT PERSONS FROM FALLING FROM THE TOP OF THE CONTAINERS.

"PROPRIETORS WHO CONTRAVENE THESE PROVISIONS SHALL BE GUILTY OF AN OFFENCE AND SHALL BE LIABLE ON CONVICTION TO A FINE OF $10,000.

"AT THE SAME TIME, AN EMPLOYEE WHO ACTS IN A WAY THAT MAY ENDANGER HIS OWN LIFE OR THOSE OF HIS FELLOW EMPLOYEES SHALL ALSO BE GUILTY OF AN OFFENCE AND SHALL BE LIABLE ON CONVICTION TO A FINE OF $10,000, MR CHAN SAID.

**

THE MEASURES UNDER THE RESOLUTION HAVE BEEN ENDORSED LABOUR ADVISORY BOARD.

BY THE

PROVISO ON TENDERS TO AVOID EXCHANGE LOSS

WITH ONE

TENDERS LIKELY TO COST $10 MILLION OR MORE MUST IMPORTANT PROVISO BE QUOTED IN HONG KONG OR U.S. DOLLARS ONLY TO PROTECT THE GOVERNMENT'S GENERAL REVENUE FROM FLUCTUATIONS IN THE FOREIGN EXCHANGE MARKET.

THIS WAS STATED BY THE SECRETARY FOR THE TREASURY, MR K.Y. YEUNG, IN A WRITTEN REPLY TO A QUESTION BY THE HON MARTIN BARROW IN THE LEGISLATIVE COUNCIL TODAY (WEDNESDAY).

MR YEUNG SAID IT WOULD BE FOR THE TENDERERS THEMSELVES ΤΟ DECIDE WHETHER AND, IF SO, HOW TO COVER THE EXCHANGE RISK,

"

"WE CONSIDER THAT IT IS MORE EFFICIENT AND COST-EFFECTIVE FOR THE PRIVATE SECTOR TO MANAGE EXCHANGE RISKS THAN THE GOVERNMENT, HE SAID.

/THE SECRETARY