TNAG-1012-FCO40-1262-Address-by-Sir-Murray-MacLehose--Governor-of-Hong-Kong--at-t-1981 — Page 10

sir,

C

HKK 013/3.

NALIVED IN R

16 OCT 1981

TOKOFF

SPEECH BY MR. D.G. JEAFFRESON,

SECRETARY

FOR ECONOMIC SERVICES, IN THE LEGISLATIVE COUNCIL ON WEDNESDAY, 7TH OCTOBER 1981No

C.GE

16/10

Leto HKK19411

8

I move the second reading of the Telephone

(Amendment) Bill 1981.

2.

The purpose of the Bill is to delete the words

"Cable and Wireless Limited" where they appear in the

Telephone Ordinance and to substitute for them "Cable

and Wireless (Hong Kong) Limited". The Bill provides

for this change to have come into effect on 1st October 1981.

The reason for this Bill is the need to reflect

3.

the change in status of Cable & Wireless' operations in

Hong Kong that took lace on 1st October.

Previously,

the Cable and Wireless office here was a branch of a company

incorporated in the UK. Now its operations have become the

responsibility of a local subsidiary incorporated in Hong

Kong. The Government has been fully consulted on these

changes and has in fact taken up a twenty per cent shareholding

in the new Hong Kong subsidiary to put it in the best possible

position to safeguard the interests of Hong Kong's

telecommunications users in the absence of a scheme of

control.

4.

Sir, I beg to move.