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FRIDAY, JUNE 17, 1994
HE CONSIDERS HIS OFFICE WELL PLACED FOR THE TASK AS ALLEGED BREACHES OF THE CODE OF PRACTICE ARE ACTS OF MALADMINISTRATION, THEY WILL IN ANY EVENT FALL WITHIN HIS REMIT,
THE SCHEME IS STILL AT THE DEVELOPMENT STAGE
AS ANNOUNCED BY THE ADMINISTRATION YESTERDAY, HE HAS HOWEVER BEEN ASSURED THAT HE WILL BE CONSULTED ON THE DRAFTING OF THE CODE.
HE WILL CONSIDER HOW TO GEAR UP HIS OFFICE FOR THIS NEW ROLE WHEN DETAILS ARE KNOWN.
COINAGE LAW TO BE LOCALISED
* * * * *
THE GOVERNMENT HAS PROPOSED TO LOCALISE THE LEGISLATION ON COINAGE WITH THE GAZETTING OF THE COINAGE BILL TODAY (FRIDAY).
A SPOKESMAN FOR THE FINANCIAL SERVICES BRANCH SAID AT PRESENT THE ISSUE OF LEGAL TENDER COINS IN HONG KONG AND RELATED MATTERS WERE PROVIDED FOR IN A UNITED KINGDOM ORDER IN COUNCIL.
"IT IS NECESSARY TO ENACT PRIMARY LOCAL LEGISLATION ON COINAGE BEFORE 1997 BECAUSE THE ORDER IN COUNCIL WILL CEASE TO HAVE EFFECT ON JULY 1, 1997,' THE SPOKESMAN SAID.
HE ADDED THAT THE ENACTMENT OF A LOCAL COINAGE ORDINANCE BEFORE 1997 TO VEST AUTHORITY FOR ISSUING COINS IN THE HONG KONG GOVERNMENT WOULD CONTRIBUTE TO A SMOOTH TRANSITION.
THE SPOKESMAN EXPLAINED THAT THE BILL ALSO MADE PROVISIONS CONNECTION WITH THE DEMONETISATION OF THE ONE-CENT CURRENCY NOTE.
IN
"BECAUSE OF ITS EXTREMELY LOW DENOMINATION, THE ONE-CENT NOTE HAS LITTLE PRACTICAL USE IN EVERYDAY TRANSACTIONS.
"THE BILL ADDRESSES A TECHNICAL PROBLEM ARISING FROM THE DEMONETISATION OF THE ONE-CENT NOTE," HE ADDED.
THE BILL IS SCHEDULED FOR INTRODUCTION INTO THE LEGISLATIVE COUNCIL NEXT WEDNESDAY (JUNE 221.
AIRPORT CONSULTATIVE COMMITTEE MEETS ON MONDAY
FUNDING
MEMBERS OF THE CONSULTATIVE COMMITTEE ON THE
AIRPORT RELATED PROJECTS WILL MEET AT 4.15 PM NEXT MONDAY (JUNE 20) DISCUSS THE ADMINISTRATION'S
PROPOSAL FOR THE PROVISIONAL
NEW
AND
ΤΟ
AIRPORT AUTHORITY.
THE MEETING WILL TAKE PLACE AT THE URBAN COUNCIL CHAMBERS, EDINBURGH PLACE, CENTRAL.
/MEMBERS OF
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