TNAG-1724-FCO40-2437-Minutes-and-Hansards-of-the-Legislative-Council-of-Hong-Kong-1988 — Page 125

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This does not mean that loans to directors and

officers which are of course of interest to shareholders and depositors alike, will be hidden from them. The Bill for this reason requires authorised financial institutions to keep a register of details of all loans to directors and officers to be available for inspection, by the public, for a period of 14

seven

le days before and days after the Annual General Meeting.

Sir, these amendments are based on common sense and can be seen as a practical solution to a matter that was of concern to our financial institutions.

With these comments, Sir, I support the motion.

0410S