XN000022-1995-07-27 — Page 35

27

Amendment to clause 46 to be moved by the Hon Henry Tang

Mr President,

As mentioned earlier on several occasions we believe that we are happy to submit all notices made under clause 46, prior to the commencement of clause 6 in its entirety, for the approval of this Council by resolution. We believe it would be superfluous to extend that power beyond that time. The Official Members will vote against the Hon. Henry Tang's amendment.

New Clause 29A

Information and documents

Mr Chairman,

I move that new clause 29A as set out under my name in the paper circulated to Members be read the second time.

A technical amendment is proposed by adding a new clause 29A - Information and documents, to empower the MPF Authority to serve written notice on an approved trustee to require him to provide information or documents as required. An approved trustee who fails to comply with such a notice commits an offence.

Schedule 1. Part I

Exempt Persons

Mr Chairman, I move that Part I of Schedule 1 be amended as set out under my name in the paper circulated to Members.

The amendment to change 30 days to 60 days to Item 7 is a consequence of a previous amendment to clause 6 of the Bill. The proposed deletion of Items 8 and 10 is also made necessary by previous amendments to clause 4 of the Bill. amendment to Item 9 is consequential to the amendment made to Item 8.

The