TNAG-1733-FCO40-2446-Minutes-and-Hansards-of-the-Legislative-Council-of-Hong-Kong-1988 — Page 270

TRAVEL AGENTS (AMENDMENT) BILL 1988

The Financial Secretary moved the Second Reading of :'A Bill to amend the Travel Agents Ordinance'.

He said :

Sir,

I move that the Travel Agents (Amendment) Bill 1988 the second time.

cap

be read the

The purpose of this Bill is to assist the outbound travel industry to introduce self-regulation. The proposals

for self-regulation were

were announced in December last year after the Governor in Council endorsed the major principles of the policy. These measures were designed to meet three objectives :

first, to introduce self-regulation of the

outbound

travel industry

government involvement;

with limited

secondly, to replace the Travel Agents' Reserve Fund with a new compensation scheme to be established by the travel industry offering the travelling public a degree of protection; and

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