SECRET 高度機密
B55-2040w
3
The
Financial Services FC is already very small (eligible electorate: 1,043, registered: 647;
mixture of corporate and individual electors.)
Splitting insurance from it would therefore
create two even smaller FCs
electors,
Financial Services:
(Insurcance:
230
813 electors).
The proposal
Definitely a retrograde step.
therefore goes against the guideline that FCS
should be substantial.
If, notwithstanding its small franchise, we were
to proceed to establish an Insurance FC, this
could well lead to demands by other small sectors
now subsumed under existing FCs to have FCs of
their own.
[Examples: Dentists (eligible
electors: 1450) in the Medical FC (6,800), or
deposit-taking companies (144) in the Finance FC (400)] Where will such demands and arguments lead
us to?
G.F. 316
SECRET 高度機密
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