Subcommittee on
Proposed Resolution under section 3(1) of the Loans Ordinance
(by way of issuance of Government Bonds)

First Meeting on
Thursday, 13 May 2004, at 4:30 pm
in Conference Room B of the Legislative Council Building

Agenda

  1. Election of Chairman

  2. (4:30 pm - 4:35 pm)

  3. Meeting with the Administration

  4. (4:35 pm - 6:25 pm)

    Background information

    (a)the Legislative Council Brief on "Resolution to authorise the proposed issuance of Government bonds" issued by the Financial Services and the Treasury Bureau on 31 March 2004 (File Ref: FIN CR 1/2241/03);

    (b)the Legal Service Division Report (LC Paper No. LS73/03-04) issued vide LC Paper No. CB(2)2213/03-04 dated 29 April 2004;

    (c)information Paper provided by the Administration (LC Paper No. CB(1)1806/03-04(01) (attached)

    (d)a background brief on the Proposed Resolution (LC Paper No. CB(1)1806/03-04(02) (attached)); Correspondences between Legal Service Division and the Administration

    (e)LC Paper No. CB(1)1806/03-04(03)
    (attached)

    -Letter dated 23 April 2004 from Assistant Legal Adviser to the Administration;

    (f)LC Paper No. CB(1)1806/03-04(04)
    (attached)

    -The Administration's reply dated 26 April 2004 to the Assistant Legal Adviser;

    (g)LC Paper No. CB(1)1806/03-04(05)
    (attached)

    -Letter dated 27 April 2004 from Assistant Legal Adviser to the Administration

    (h)LC Paper No. CB(1)1806/03-04(06)
    (attached)

    -The Administration's reply dated 27 April 2004 to the Assistant Legal Adviser.

    Submissions received

    (i)LC Paper No. CB(1)1806/03-04(07)

    -Submission dated 11 May 2004 from Fitch Ratings

    (j)LC Paper No. CB(1)1806/03-04(08)

    -Submission dated 11 May 2004 from the Association of Chartered Certified Accountants

    (k)LC Paper No. CB(1)1821/03-04(02)

    -Submission dated 12 May 2004 from the Hong Kong Association of Banks

    The Administration's response to submissions

    (l)LC Paper No. CB(1)1811/03-04(01)
    (English version)
    LC Paper No. CB(1)1821/03-04(01)
    (Chinese version)

    -The Administration's response to submissions from Fitch Ratings Hong Kong Limited and the Association of Chartered Certified Accountants Hong Kong


  5. Any other business

  6. (6:25 pm onwards)

Council Business Division 1
Legislative Council Secretariat
13 May 2004