TNAG-1734-FCO40-2447-Minutes-and-Hansards-of-the-Legislative-Council-of-Hong-Kong-1988 — Page 95

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?

4.

Дause 2

It is considered that lause 2 must be given

retrospective effect in order to ensure that those who have

already entered into otherwise legitimate transactions with large

legal, accounting and stockbroking firms are not precluded from

enforcing their rights or are permitted to evade their

There is also a

obligations arising from such transactions.

significant risk that where the large firms have acted as agents

in legal proceedings or in commercial, financial or share

transactions the parties for whom they acted and persons with

whom they dealt may be unable to enforce their interests unless

the clause operates retrospectively.

2

بھر

I move

Sir, I commend this Bill to the Council as a sensible

tidying-up measure designed to remedy an oversight.

that the debate on this motion be now adjourned.

Question on adjournment proposed, put and agreed to.

!