XN000022-1994-08-10 — Page 3

WEDNESDAY, AUGUST 10, 1994

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IRRESPECTIVE OF

THE PROPOSED REGULATORY SYSTEM SHOULD APPLY TO ALL INDIVIDUALS AND

ENGAGED IN THE SALE OF PROPERTIES CORPORATIONS WHERE THE PROPERTIES ARE LOCATED, AND THERE SHOULD BE THREE CATEGORIES

LICENCES OF

WITH DIFFERENT REQUIREMENTS APPLICABLE TO INDIVIDUAL ESTATE AGENTS, CORPORATIONS AND FRONT LINE ESTATE SALESPERSONS.

THE AN. ESTATE KNOWLEDGE.

OBJECTIVE OF THE LICENSING REQUIREMENTS IS TO ENSURE AGENTS MEETS CERTAIN MINIMUM STANDARD

COMPETENCE

THAT

OF

AND

AS INTERIM MEASURES BEFORE THE NECESSARY INTRODUCED, THE TWO TRADE ASSOCIATIONS SHOULD DRAW PRACTICE AND PRACTISING GUIDELINES IN CONSULTATION WITH THE COUNCIL, THE INDEPENDENT COMMISSION AGAINST CORRUPTION AND SOCIETY.

UP

LEGISLATION A

IS

CODE CONSUMER

OF

THE LAW

STANDARD DOCUMENTS WHICH INCLUDE STATEMENT TO DISCLOSE INTEREST OF THE AGENT IN THE TRANSACTION SHOULD ALSO BE INTRODUCED.

IN ORDER NOT TO CAUSE UNDUE DISRUPTION AND ANXIETIES IN THE TRADE,

PRACTISING THE REGULATORY AUTHORITY SHOULD INVITE ALL

AGENTS APPLICATIONS AND SALESPERSONS TO APPLY FOR A LICENCE, AND WHILE THEIR ARE BEING PROCESSED, THEY CAN CONTINUE TO OPERATE WITH A PROVISIONAL LICENCE.

FOR PUBLIC CONSULTATION, THE REPORT, TO BE PUBLISHED IN ENGLISH AND CHINESE, AND A BILINGUAL PAMPHLET CONTAINING THE EXECUTIVE SUMMARY OF THE REPORT, WILL BE MADE AVAILABLE TO THE PUBLIC AT ALL DISTRICT OFFICES AND THE GOVERNMENT PUBLICATION CENTRE, STARTING FROM TODAY.

MEMBERS OF THE PUBLIC WISHING TO COMMENT ON THE RECOMMENDATIONS ARE INVITED TO WRITE TO THE SECRETARY OF THE WORKING GROUP ON THE 21ST FLOOR, MURRAY BUILDING, GARDEN ROAD, HONG KONG BEFORE OCTOBER 10.

THE WORKING GROUP IS CHAIRED BY THE DEPUTY

FOR SECRETARY PLANNING, ENVIRONMENT AND LANDS (HOUSING POLICY). ITS MEMBERS INCLUDE HONG A MEMBER EACH FROM THE SOCIETY OF HONG KONG REAL ESTATE AGENTS, KONG REAL ESTATE

OF AGENCIES ASSOCIATION, HONG KONG INSTITUTE SURVEYORS, LAW SOCIETY OF HONG KONG, CONSUMER COUNCIL AND ICAC, AND THE HEAD OF THE CENTRE FOR CONTINUING EDUCATION OF CITY POLYTECHNIC.

0

HK AND JAPANESE HEALTH CHIEFS MEET

* * * * *

THE SECRETARY FOR HEALTH AND WELFARE, MRS ELIZABETH WONG, MET THE JAPANESE MINISTER FOR HEALTH AND WELFARE, MR SHOICHI IDE, IN TOKYO THIS (WEDNESDAY) MORNING TO DISCUSS A WIDE RANGE OF ISSUES OF MUTUAL INTEREST.

THESE INCLUDED THE PREVENTION OF AIDS AND SERVICES FOR THE

ELDERLY.

"I

"WE ARE VERY PLEASED TO HAVE HAD THE OPPORTUNITY TO MEET MR IDE AND LEARN FROM THE JAPANESE EXPERIENCE, MRS WONG SAID AFTER THE MEETING.

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