Bills Committee on
Companies (Amendment) Bill 2002

Eleventh meeting on
Thursday, 23 January 2003, at 2:30 pm
in Conference Room A of the Legislative Council Building

Agenda

I.Confirmation of minutes
(2:30 pm - 2:35 pm)

LC Paper No. CB(1) 767/02-03
(issued on 20 January 2003)

-Minutes of the meeting held on 9 January 2003

II.Meeting with the Administration
(2:35 pm - 4:30 pm)

LC Paper No. CB(1) 777/02-03(01)
(issued on 22 January 2003)

-Assistant Legal Adviser 7's letter dated 14 January 2003 to the Administration

LC Paper No. CB(1) 777/02-03(02)
(issued on 22 January 2003)

-List of follow-up actions arising from the discussion on 9 January 2003

LC Paper No. CB(1) 777/02-03(03)
(issued on 22 January 2003)

-Administration's response to CB(1) 777/02-03(02)

LC Paper No. CB(1) 777/02-03(04)
(issued on 22 January 2003)

-Administration's response to comments from members and/or deputations on certain provisions in the Bill

(A list of other relevant papers previously issued is in the Appendix)

Council Business Division 1
Legislative Council Secretariat
23 January 2003


Appendix

Other relevant papers previously issued


Background information on the Bill

CB(3) 342/01-02

-The Bill

Ref: C2/1/55(2001)Pt9
(issued by the Financial Services Bureau on 17 January 2002)

-The Legislative Council Brief

LC Paper No. LS50/01-02


-Legal Service Division Report

LC Paper No. CB(1) 2346/01-02(01)
(issued on 25 July 2002)

-Marked-up copy of the Bill prepared by Legal Service Division

Papers provided by the Administration

LC Paper No. CB(1) 2395/01-02
(issued on 2 August 2002)

-The Report of the Standing Committee on Company Law Reform on the Recommendations of a Consultancy Report of the Review of the Hong Kong Companies Ordinance (English version only)

LC Paper No. CB(1) 42/02-03(06)
(issued for the meeting on 15 October 2002)

-Administration's response to the list of follow-up actions arising from the discussion on 4 October 2002

LC Paper No. CB(1) 42/02-03(08)
(issued for the meeting on 15 October 2002)

-Consultation document on corporate governance published in July 2001

LC Paper No. CB(1) 64/02-03(01)
(issued for the meeting on 15 October 2002)

-Recommendations arising from Review of Companies Ordinance and Corporate Governance Review

LC Paper No. CB(1) 101/02-03(02)
(issued for the meeting on 22 October 2002)

-Administration's response to the list of follow-up actions arising from the discussion on 15 October 2002

LC Paper No. CB(1) 194/02-03(02)
(issued for the meeting on 6 November 2002)

-Administration's response to the list of follow-up actions arising from the discussion on 22 October 2002

LC Paper No. CB(1) 303/02-03(01)
(issued for the meeting on 18 November 2002)

-Administration's responses to Legal Service Division's letters dated 9 October and 1 November 2002 issued under LC Paper Nos. CB(1) 42/02-03(04) and CB(1) 212/02-03(01) respectively

LC Paper No. CB(1) 303/02-03(04)
(issued for the meeting on 18 November 2002)

-Administration's response to the list of follow-up actions arising from the discussion on 6 November 2002

LC Paper No. CB(1) 395/02-03(01)
(issued for the meeting on 28 November 2002)

-Administration's response to Assistant Legal Adviser's concerns on clauses 58, 59 and 60 regarding "credit transaction" and "quasi loan"

LC Paper No. CB(1) 448/02-03(02)
(issued for the meeting on 6 December 2002)

-Administration's response to the lists of follow-up actions arising from the discussion on 11 and 18 November 2002

LC Paper No. CB(1) 644/02-03(04)
(issued for the meeting on 9 January 2003)

-Administration's response to the lists of follow-up actions arising from the discussion on 28 November and 6 December 2002

Papers provided by the Legal Service Division

LC Paper No. CB(1) 42/02-03(04)
(issued for the meeting on 15 October 2002)

-Assistant Legal Adviser 7's letter dated 9 October 2002 to the Administration (English version only)

LC Paper No. LS8/02-03
(issued for the meeting on 22 October 2002)

-A note prepared by the Legal Service Division regarding Mr David WEBB's comments on the Legal Service Division Report circulated under LC Paper No. LS50/01-02

LC Paper No. CB(1) 212/02-03(01)
(issued for the meeting on 6 November 2002)

-Legal Service Division's letters dated 1 November 2002 to the Administration

LC Paper No. CB(1) 303/02-03(02)
(issued for the meeting on 18 November 2002)

-Legal Service Division's letter dated 14 November 2002 to the Administration

LC Paper No. CB(1) 644/02-03(01)
(issued for the meeting on 9 January 2003)

-Assistant Legal Adviser 7's letter dated 3 January 2003 to the Administration

LC Paper No. CB(1) 644/02-03(02)
(issued for the meeting on 9 January 2003)

-Assistant Legal Adviser 7's comments on the Annex to the Administration's paper on governance of shadow directors issued under LC Paper No. CB(1) 448/02-03(02)

Papers provided by Legislative Council Secretariat

LC Paper No. CB(1) 2340/01-02(03)
(issued on 23 July 2002)

-Background brief on Companies (Amendment) Bill 2002

LC Paper No. CB(1) 2622/01-02(06)
(issued for the meeting on 4 October 2002)

-Summary of deputations' concerns (as at 2 October 2002)

LC Paper No. CB(1) 42/02-03(05)
(issued for the meeting on 15 October 2002)

-List of follow-up actions arising from the discussion on 4 October 2002

LC Paper No. CB(1) 101/02-03(01)
(issued for the meeting on 22 October 2002)

-List of follow-up actions arising from the discussion on 15 October 2002

LC Paper No. CB(1) 101/02-03(03)
(issued for the meeting on 22 October 2002)

-Summary of deputations' concerns (as at 21 October 2002)

LC Paper No. CB(1) 194/02-03(01)
(issued for the meeting on 6 November 2002)

-List of follow-up actions arising from the discussion on 22 October 2002

LC Paper No. CB(1) 251/02-03(01)
(issued for the meeting on 11 November 2002)

-List of follow-up actions arising from the discussion on 6 November 2002

LC Paper No. CB(1) 303/02-03(03)
(issued for the meeting on 18 November 2002)

-List of follow-up actions arising from the discussion on 11 November 2002

LC Paper No. CB(1) 383/02-03(01)
(issue for the meeting on 28 November 2002)

-List of follow-up actions arising from the discussion on 18 November 2002

LC Paper No. CB(1) 448/02-03(01)
(issued for the meeting on 6 December 2002)

-List of follow-up actions arising from the discussion on 28 November 2002

LC Paper No. CB(1) 644/02-03(03)
(issued for the meeting on 9 January 2003)

-List of follow-up actions arising from the discussion on 6 December 2002

Submissions received

LC Paper No. CB(1) 2340/01-02(02)
(issued on 23 July 2002)

-Submission from the Law Society of Hong Kong (English version only)

LC Paper No. CB(1) 2547/01-02(01)
(issued on 18 September 2002)

-Submission from the Hong Kong Association of Banks (English version only)

LC Paper No. CB(1) 2547/01-02(02)
(issued on 18 September 2002)

-Submission from the Faculty of Business, City University of Hong Kong enclosing with it the "Guidelines for Good Corporate Governance Practice" formulated by the Pacific Economic Cooperation Council (English version only)

LC Paper No. CB(1) 2592/01-02
(issued on 25 September 2002)

-Submission from the Hong Kong General Chamber of Commerce (English version only)

LC Paper No. CB(1) 2604/01-02
(issued on 27 September 2002)

-Submission from Mr David WEBB (English version only)

LC Paper No. CB(1) 2610/01-02(01)
(issued on 30 September 2002)

-Submission from the Chinese General Chamber of Commerce (Chinese version only)

LC Paper No. CB(1) 2610/01-02(02)
(issued on 30 September 2002)

-Submission from Mr Clement SHUM, Department of Accounting and Finance, Lingnan University (English version only)

LC Paper No. CB(1) 2622/01-02(01)
(issued for the meeting on 4 October 2002)

-Submission from the Stephenson Harwood & Lo (English version only)

LC Paper No. CB(1) 2622/01-02(02)
(issued for the meeting on 4 October 2002)

-Submission from the Baker & McKenzie (English version only)

LC Paper No. CB(1) 2622/01-02(03)
(issued for the meeting on 4 October 2002)

-Submission from the Consumer Council

LC Paper No. CB(1) 2622/01-02(04)
(issued for the meeting on 4 October 2002)

-Submission from the Hong Kong Institute of Company Secretaries (English version only)

LC Paper No. CB(1) 2622/01-02(05)
(issued for the meeting on 4 October 2002)

-Submission from the Securities and Futures Commission (English version only)

LC Paper No. CB(1) 2645/01-02
(issued for the meeting on 4 October 2002)

-Submission from the Federation of Hong Kong Industries (English version only)

LC Paper No. CB(1) 2658/01-02
(issued on 8 October 2002)

-Submission from the Society of Chinese Accountants & Auditors (English version only)

LC Paper No. CB(1) 42/02-03(01)
(issued for the meeting on 15 October 2002)

-Submission from the W H LAM & Company (English version only)

LC Paper No. CB(1) 42/02-03(02)
(issued for the meeting on 15 October 2002)

-Submission from Ms YUNG Wing-sheung, Islands District Council member (English version only)

LC Paper No. CB(1) 42/02-03(03)
(issued for the meeting on 15 October 2002)

-Submission from the Hong Kong Society of Accountants (English version only)

LC Paper No. CB(1) 64/02-03(02)
(issued for the meeting on 15 October 2002)

-Submission from Mr Peter TASHJIAN, Managing Director of Institute of Professional Development (English version only)

LC Paper No. CB(1) 94/02-03
(issued on 21 October 2002)

-Submission from Mr Winston POON, SC (English version only)

LC Paper No. CB(1) 135/02-03
(issued on 24 October 2002)

-Submission from the Hong Kong Bar Association (English version only)

LC Paper No. CB(1) 219/02-03(01)
(issued on 5 November 2002)

-Submission from Democratic Alliance for Betterment of Hong Kong (Chinese version only)

LC Paper No. CB(1) 439/02-03
(issued on 4 December 2002)

-Further submission from Mr Winston POON, SC (English version only)

Administration's response to submissions

LC Paper No. CB(1) 2622/01-02(07)
(issued for the meeting on 4 October 2002)

-Administration's response to submission from the Law Society of Hong Kong and the Hong Kong Association of Banks (LC Paper Nos. CB(1) 2340/01-02(02) and CB(1) 2547/01-02(01))

LC Paper No. CB(1) 42/02-03(07)
(issued for the meeting on 15 October 2002)

-Administration's response to summary of deputations' concerns (as at 10 October 2002)

LC Paper No. CB(1) 101/02-03(04)
(issued for the meeting on 22 October 2002)

-Administration's response to summary of deputations' concerns (as at 21 October 2002)

LC Paper No. CB(1) 194/02-03(03)
(issued for the meeting on 6 November 2002)

-Administration's response to summary of deputations' concerns (as at 24 October 2002)

LC Paper No. CB(1) 251/02-03(02)
(issued for the meeting on 11 November 2002)

-Administration's response to summary of deputations' concerns (as at 6 November 2002)

Council Business Division 1
Legislative Council Secretariat
23 January 2003