XN000022-1993-07-07 — Page 20

WEDNESDAY, JULY 7, 1993

PROPOSALS ON RETIREMENT PROTECTION SYSTEM UNDER STUDY

THE FUTURE OF A RETIREMENT PROTECTION SYSTEM IS A HIGHLY COMPLEX SUBJECT, INVOLVING A SERIES OF DIFFICULT JUDGEMENTS WHICH WILL HAVE PROFOUND CONSEQUENCES ON THE LONG-TERM SOCIAL, ECONOMIC, FINANCIAL AND MONETARY POLICIES.

"IT

TT

18 NOT THEREFORE AN ISSUE THAT WE CAN AFFORD TO RUSH TO A CONCLUSION, THE SECRETARY FOR EDUCATION AND MANPOWER, MR MICHAEL LEUNG, SAID WHEN REPLYING TO A QUESTION BY THE HON HUI YIN-FAT IN THE LEGISLATIVE COUNCIL TODAY (WEDNESDAY).

THE

MR LEUNG NOTED THAT DURING THE MOTION DEBATE ON THE SUBJECT IN LEGISLATIVE COUNCIL ON FEBRUARY 3, A NUMBER OF MAJOR ISSUES

WERE

RAISED.

THESE, TOGETHER WITH THE 176 PUBLIC SUBMISSIONS MADE IN RESPONSE TO THE CONSULTATION DOCUMENT, ARE NOW BEING ANALYSED AND STUDIED CAREFULLY WITHIN THE ADMINISTRATION,

THE MAJOR ISSUES INCLUDE THE RELATIONSHIP BETWEEN A COMPULSORY RETIREMENT PROTECTION SYSTEM AND THE EXISTING SOCIAL SECURITY SYSTEM; AND WHETHER THERE SHOULD BE GOVERNMENT GUARANTEE AGAINST FINANCIAL RISKS ARISING FROM PRIVATE MANAGEMENT OF DECENTRALISED SCHEMES.

"I CAN HOWEVER ASSURE THIS COUNCIL THAT WE ARE ALREADY HANDLING

THE SUBJECT AS QUICKLY AS WE CAN, MR LEUNG SAID.

"WE AIM TO REACH A MORE DEFINITE CONCLUSION ON THE BEST WAY FORWARD BY THE END OF THIS YEAR, HE ADDED.

I

0

IN THE

JUDICIARY

APPEAL PROCEDURES REVIEWED

* * * *

COURSE OF THE INVESTIGATION OF A RECENT CASE, THE HAS TAKEN THE OPPORTUNITY TO REVIEW COMPLETELY ITS PROCEDURES ON APPEALS AGAINST DECISIONS MADE BY THE OBSCENE ARTICLES TRIBUNAL, THE CHIEF SECRETARY, THE HON SIR DAVID FORD, SAID.

IT HAS ALREADY MADE THE NECESSARY IMPROVEMENTS, HE SAID.

RECOUNTING THE CASE IN HIS WRITTEN REPLY TO A QUESTION BY THE HON EMILY LAU IN THE LEGISLATIVE COUNCIL TODAY (WEDNESDAY), SIR DAVID SAID ANY PARTY TO ANY PROCEEDINGS BEFORE THE TRIBUNAL MAY APPEAL TO THE HIGH COURT AGAINST ITS DECISION ON A POINT OF LAW BY GIVING NOTICE OF APPEAL TO THE REGISTRAR OF SUPREME COURT.

WHERE SUCH NOTICE IS GIVEN, THE REGISTRAR IS REQUIRED TO FIX A DATE FOR THE HEARING OF THE APPEAL WITHIN A PERIOD OF UP TO 56 DAYS.

/THE DATE

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