Panel on Financial Affairs

Special meeting on Monday, 14 December 2009 at 8:30 am
in the Chamber of the Legislative Council Building

Revised agenda
(as at 11 December 2009)

*I.Depreciation allowances in respect of machinery or plants under "import processing" arrangements
(8:30 am - 9:45 am)

Meeting with deputations

  1. Federation of Hong Kong Industries
    (LC Paper No. CB(1)662/09-10(01) - issued on 11 December 2009 - English version only)

  2. Deloitte Touche Tohmatsu
    (LC Paper No. CB(1)601/09-10(01) - issued on 8 December 2009 - English version only)

  3. The Taxation Institute of Hong Kong
    (LC Paper No. CB(1)601/09-10(02) - issued on 8 December 2009 - English version only)

  4. Ernst & Young Tax Services Limited
    (LC Paper No. CB(1)601/09-10(03) - issued on 8 December 2009 - English version only)

  5. Hong Kong General Chamber of Commerce
    (LC Paper No. CB(1)601/09-10(04) - issued on 8 December 2009 - English version only)

  6. Hong Kong Watch Manufacturers Association Ltd.

  7. Hong Kong Auto Parts Industry Association

  8. Hong Kong Electronic Industries Association

  9. The Hong Kong Business Committee Joint Conference

Submissions from organizations not attending the meeting
  1. The Chinese Manufacturers' Association of Hong Kong
    (LC Paper No. CB(1)601/09-10(05) - issued on 8 December 2009 - Chinese version only)

  2. Association of Chartered Certified Accountants Hong Kong
    (LC Paper No. CB(1)601/09-10(06) -issued on 8 December 2009 - English version only)

  3. CPA Australia Ltd.
    (LC Paper No. CB(1)601/09-10(07) - issued on 8 December 2009 - English version only)

  4. KPMG Tax Limited
    (LC Paper No. CB(1)601/09-10(08) - issued on 8 December 2009 - English version only)

  5. PricewaterhouseCoopers Limited
    (LC Paper No. CB(1)601/09-10(09) - issued on 8 December 2009 - English version only)

  6. Hong Kong Institute of Certified Public Accountants
    (LC Paper No. CB(1)645/09-10(01) - issued on 10 December 2009 - English version only)

  7. SEB Asia Ltd.
    (LC Paper No. CB(1)662/09-10(02) - issued on 11 December 2009 - English version only)

Meeting with the Administration

LC Paper No. CB(1)601/09-10(10)
(issued on 8 December 2009)

-Administration's paper on depreciation allowances in respect of machinery or plants under "import processing" arrangements

LC Paper No. CB(1)209/09-10(01)
(issued on 30 October 2009)

-Hon LAM Tai-fai's letter dated 14 October 2009 on depreciation allowances in respect of machinery or plants under "import processing" arrangements (Chinese version only)

LC Paper No. CB(1)599/09-10
(issued on 10 December 2009)

-Background brief on depreciation allowances in respect of machinery or plants under "import processing" arrangements prepared by the Legislative Council Secretariat

*II.Proposed new anti-money laundering legislation for financial institutions - detailed legislative proposals
(9:45 am - 10:30 am)

LC Paper No. CB(1)601/09-10(11)
(issued on 8 December 2009)

-Administration's paper on proposed new anti-money laundering legislation for financial institutions - detailed legislative proposals

LC Paper No. CB(1)587/09-10(01)
(issued on 7 December 2009)

-Administration's consultation document on proposed new legislation on the customer due diligence and record-keeping requirements for financial institutions and the regulation of remittance agents and money changers - detailed proposals

LC Paper No. CB(1)600/09-10
(issued on 10 December 2009)

-Background brief on proposed new anti-money laundering legislation for financial institutions prepared by the Legislative Council Secretariat

III.Any other business

* All other Hon Members of Legislative Council are invited to join the discussion of Agenda Items I and II. Item II relates to legislative proposals.

Council Business Division 1
Legislative Council Secretariat
11 December 2009