Tag: Setting

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Setting up of Fishermen Claims Appeal Board ********************************************      The Government today (August 25) announced the establishment of the Fishermen Claims Appeal Board (FCAB) to process ex-gratia allowance (EGA) appeal cases by owners of fishing vessels (exceeding 15 metres in length) who are affected by marine works projects in Hong Kong waters.      The FCAB is a non-statutory body set up on an ad hoc basis and comprising one non-official Chairman and four non-official members. Mr Yeung Ming-tai has been appointed as the Chairman of the FCAB and the members are Mr Au Pak-ching, Dr Chung Shan-shan, Mr James ... Read more

LCQ6: Setting up “wealth fund” ****************************************      Following is a question by the Hon Mrs Regina Ip (Hon Shiu Ka-fai to ask on her behalf) and a reply by the Secretary for Financial Services and the Treasury, Mr Christopher Hui, in the Legislative Council today (July 6): Question:      Currently, the Future Fund (FF) is placed with the Exchange Fund (EF). In accordance with the Exchange Fund Ordinance, the statutory purposes for which the EF is established are to use the fund for such purposes as the Financial Secretary thinks fit affecting, either directly or ... Read more