The following is issued on behalf of the Legislative Council Secretariat:

The Legislative Council will hold a meeting at 2.30 pm tomorrow (May 3) in the Legislative Council Chamber. In the meeting, Members will debate a motion on the risk management of information technology-related stocks.

The motion, to be proposed by Hon Eric Li, states: 'That this Council urges that the Government should, having regard to the characteristics of the Hong Kong financial market, expeditiously review the risk management of information technology-related stocks and adopt effective measures as soon as possible to develop an excellent culture of corporate governance, so as to enhance the vitality of the Hong Kong investment market, protect the legitimate rights and interests of investors and provide a level playing field for professional intermediaries in the market.'

Members will also debate a motion to be proposed by Hon Cheung Man-kwong. His motion says: 'That this Council urges the Government to immediately allocate funding to honour its undertaking to complete the School Improvement Programme for all schools by 2004, so as to ensure that all schools are equipped with adequate basic teaching facilities, including computer rooms, libraries, language rooms, interview rooms for receiving parents, student activity centres, staff common rooms and remedial teaching rooms; the Government should make immediate arrangements for redeveloping or relocating those school premises which are dilapidated, jeopardize the safety of students or suffer from an acute shortage of space, so as to improve the teaching environment and safeguard the interests of students.'

Prof Hon Ng Ching-fai will move a resolution under the Interpretation and General Clauses Ordinance to repeal the Chinese Medicine (Fees) Regulation which was published as Legal Notice No. 69 of 2000 and laid on the table of the Legislative Council on March 29, 2000.

The second reading debate on the Legal Aid (Amendment) Bill 1999 will be resumed at the meeting. Subject to the Bill receiving the second reading, it will go through the committee stage and may be given the third reading.

Members will put forward to the Government 20 questions, six of which require oral replies, on various policy areas at the meeting's 'question time'.

The full agenda of the meeting can be obtained via the Legislative Council InfoFax Service (Tel. No.: 2869 9568).

Members of the public are welcome to observe the proceedings of the meeting from the public galleries of the Legislative Council Chamber. They may reserve seats by calling 2869 9399 during office hours. Seats will be allocated on a first-come-first-served basis.

End/Tuesday, May 2, 2000

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