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Following is the speech by the Secretary for Financial Services and the Treasury, Mr Frederick Ma, in moving the resolution on Proof of Debts (Amendment) Rules 2007 in the Legislative Council today (June 14):
Madam President,
I move the fourth resolution standing in my name on the agenda. The resolution seeks this Council's approval of the Proof of Debts (Amendment) Rules 2007, which were made by the Chief Justice under section 36 of the Bankruptcy Ordinance.
Like what I have explained, the Amendment Rules are consequential amendments essential to implementing the Bankruptcy (Amendment) Ordinance 2005 enacted by this Council in July 2005. I hope Members will support.
Thank you, Madam President.
Ends/Thursday, June 14, 2007
Issued at HKT 15:21
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