TNAG-2728-FCO40-3934-Hong-Kong-elections-proposed-functional-constituencies-1993 — Page 97

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2

The fact is,

enterprises

of different nationalities

can now freely join the various existing economic

Indeed, we are

aware that of the over 950

FCs.

Chinese enterprises in

Hong Kong, 144 (15%) of them

registered electors in one or

There are in fact no economic

(Appendix) are already

the other economic FCs.

FCs in which Chinese enterprises are unrepresented.

representative bodies of

the existing

None of the

economic FCs have bar on Chinese enterprises joining

them as members. Thus any Chinese enterprise which

wish to become a registered elector can do so by

becoming a member of the relevant representative body.

Insurance FC

(Note: Insurers now form part of the electorate of the

existing Financial Services FC.)

Altogether only 229 authorized insurers (all

corporations) in Hong Kong. Thus, even if they

all join the FC and assuming that voting right is

given to directors of member companies, the

electorate would still be very small (1380,

assuming that on average each company has six directors.) (At present, 200 authorized insurers registered electors of the Financial Services

are

FC.)

G.F. 316

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