3 -
rade ad Industry
5. Companies law
revision
密
CONFIDENTIAL #
Insurance legislation
To carry out A revised draft 2ill dealing with lost share the reconend-certificates (to cover the points raised by ations of
representations from the Federation of hare the Companiese istrars) and revised draft Co memo have now law evision been circulated. Committee as accepted by A second draft of parts - D of the first part the Government of the "onibus Bill for general revision of the
Urdinance has now been prepared; redrafting of parts- & under way. G
To rationalise The working party representing the in urance
insurance
legislation
lectricity and
ne
7. Joint generat-
jou of
electricity
To consider
the possibi-
industry, appointed by the aegistrar General, has commented on the draft Jill for the main corpus of the legislation. 4 Principal Insurance Officer is needed to head the Insurance Registry and to assist with the formulation of legislation.
xCo has agreed to commencement of negotiations with the Accident Insurance Association for the establishment of a hotor Insurance Bureau. The ala is now drafting articles and nemorandum of association.
To finalise
and submit to the Bill to 100.
To continue work on the second draft.
To produce an agreed version of the bill, continue work on the subsidiary
機
CONFIDENTIAL #2
legislation and start recruitment an Insurance Officer
To continue negotiations with the I for the incorporation of a I, and report progress to wm.Co.
lity of some
The Working Group completed its report on potential savings attributable to an inter-connection between the two power companies. Copies were submitted to form of inter-F and (by the Company representatives) to the comection Chairman of C..P and HIC. Fo has met the two
chairmen to discuss subseruent action.
between China
iht Lower
nd He
Et coniirm in writing the sub- stance of his discussion with the chairmen of the power companies.
GF 323
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