TNAG-1139-FCO40-1419-Quarterly-progress-reports-on-Hong-Kong-1982 — Page 263

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

CONFIDENTIAL #

9. Insurance

To rationalise

insurance legislation

6

holders (with 10% shareholdings or more) and professional advisers to disclose their holdings of and dealings in shares of the company. Commissioner for Securities' Office is considering RG's comments on the draft drafting instructions. On completion of drafting, SC will be consulted on the draft bill.

The Insurance Companies Bill 1982 was finalized. An ExCo memorandum is being prepared to seek ExCo's advice as to whether the Bill should be introduced into LegCo. Agreements reached with the Insurance Industry Working Group and unre- solved issues will be highlighted therein.

these to be issued.

To seek ExCo's advic on the Insurance Companies Bill 1982.

Economic Analysis Division

10. Economic

reports

11. The 1982-83

Budget

To prepare quarterly reports on the economy

1981 Economic Background, a supporting document for the 1982-83 Budget prepared and considered by the Working Group on Developments in the Economy and the Economic Review Committee.

To provide economic Draft on the economic sections of the input

Budget Speech being prepared.

To publish the report on Budget Day and tol prepare the First Quarter Economic Report for 1982.

To continue to work on the Budget Speech

Distribution: HK Department, FCO

HE

CS

FS

All Secretaries

HK Commissioner, London

Relevant items to individual Heads of Department

DHA

DIS

Secretariat Press Officer

GF 323

機密

CONFIDENTIAL

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