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"The Inspector made a number of observations regarding the true persons who were financially interested in the shares in question during the period covered by the investigation.

"The recommendations in the report have been accepted by the Financial Secretary and appropriate follow-up action has been taken or is being pursued," Mr Cartland said.

centres.

Copies of the report are now available for sale at the Government publication

End/Friday, June 16, 1995

New member appointed to Law Reform Commission

The Chairman of the Law Reform Commission, the Attorney General, Mr Jeremy Mathews, today (Friday) announced the appointment of a new member to the Commission. Mr Justice Jerome Chan has been appointed a member of the Commission for a term of three years.

Mr Mathews welcomed the Judge's appointment and said he looked forward to working with Mr Justice Chan on the Commission.

Mr Mathews also announced the re-appointment of Mr Alasdair G Morrison, Mr Andrew Liao QC and Professor Derek Roebuck for a second three-year term. Mr Mathews said he was pleased that Mr Morrison and Mr Liao and Professor Roebuck had accepted another term, saying that it was important to the Commission to have continuity of membership.

Mr Justice Chan replaces Mr Justice Mortimer who is retiring after serving on the Commission as a member for six years. Mr Mathews paid tribute to the hard work and dedication of Mr Justice Mortimer, in particular his chairmanship of the Sub- committee on Privacy.

With the latest appointment, the Law Reform Commission now consists of 12 members appointed by the Governor. They are: Mr Justice Chan, Mr Eric Cheung, Professor Yash Ghai, Professor H C Kuan, Mrs Miriam Lau, Mr Andrew Liao, QC, Mr Gage McAfee, Mr Alasdair Morrison, Mr Robert Ribeiro, QC, Professor Derek Roebuck, Professor Peter Wesley-Smith and Mr Justein Wong. The Attorney General, the Chief Justice and the Law Draftsman are ex officio members.

End/Friday, June 16, 1995