Bills Committee on
Deposit Protection Scheme Bill

Fifth meeting on
Tuesday, 21 October 2003, at 4:30 pm
in Conference Room A of the Legislative Council Building

Agenda

I.Confirmation of minutes
(4:30 pm - 4:35 pm)

LC Paper No. CB(1) 2542/02-03
(issued on 6 October 2003)

-Minutes of the meeting held on 25 September 2003

LC Paper No. CB(1) 70/03-04
(issued on 15 October 2003)

-Minutes of the meeting held on 3 October 2003

II.Meeting with the Administration
(4:35 pm - 6:30 pm)

LC Paper No. CB(1) 2440/02-03(07)
(issued for the meeting on 17 September 2003)

-Administration's paper on "Coverage Limit" and "Comparison with Overseas Schemes"

LC Paper No. CB(1) 92/03-04(01)
(attached)

-List of follow-up actions arising from previous meetings (as at 17 October 2003)

LC Paper No. CB(1) 92/03-04(02)
(attached)

-Administration's paper on "Board Structure and Administration Costs"

LC Paper No. CB(1) 92/03-04(03)
(attached)

-Administration's paper on "Simulation Model for Determining the Target Fund Size"

LC Paper No. CB(1) 92/03-04(04)
(attached)

-Summary of concerns (as at 17 October 2003)

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

Council Business Division 1
Legislative Council Secretariat
17 October 2003

Appendix

Other relevant papers previously issued

Background information on the Bill

CB(3) 567/02-03

-The Bill

Ref : B9/2/2C
(issued by the Financial Services and the Treasury Bureau on 16 April 2003)

-The Legislative Council Brief

LC Paper No. LS96/02-03
(issued on 28 April 2003)

-Legal Service Division Report

LC Paper No. CB(1) 2226/02-03(04)
(issued for the meeting on 18 July 2003)

-Marked-up copy of the Bill

Papers provided by the Administration

LC Paper No. CB(1) 2226/02-03(02)
(issued for the meeting on 18 July 2003)

-Power-point presentation materials for the Bill

LC Paper No. CB(1) 2226/02-03(03)
(issued for the meeting on 18 July 2003)

-Summary of views pertaining to the 20 submissions received during the second round consultation in March 2002 and the Administration's response

LC Paper No. CB(1) 2440/02-03(09)
(issued for the meeting on 17 September 2003)

-Proposed discussion schedule provided by the Administration

LC Paper No. CB(1) 2496/02-03(02)
(issued for the meeting on 25 September 2003)

-Administration's paper on "Appointment to Hong Kong Deposit Protection Board"

LC Paper No. CB(1) 2496/02-03(03)
(issued for the meeting on 25 September 2003)

-Administration's paper on "Membership and Exemption Arrangement"

LC Paper No. CB(1) 2533/02-03(02)
(issued for the meeting on 3 October 2003)

-Updated discussion schedule provided by the Administration

LC Paper No. CB(1) 2533/02-03(03)
(issued for the meeting on 3 October 2003)

-Administration's paper on "Coverage"

LC Paper No. CB(1) 2533/02-03(04)
(issued for the meeting on 3 October 2003)

-Administration's paper on "Indexing Coverage Limit"

LC Paper No. CB(1) 2533/02-03(05)
(issued for the meeting on 3 October 2003)

-Administration's paper on "Timeline Showing the Sequence of Events Before Compensation is Paid to Depositors"

Papers provided by Legislative Council Secretariat

LC Paper No. CB(1) 2226/02-03(01)
(issued for the meeting on 18 July 2003)

-Background brief on Deposit Protection Scheme Bill

LC Paper No. CB(1) 2440/02-03(06)
(issued for the meeting on 17 September 2003)

-List of follow-up actions arising from the discussion on 18 July 2003

LC Paper No. CB(1) 2440/02-03(08)
(issued for the meeting on 17 September 2003)

-Summary of concerns (as at 10 September 2003)

LC Paper No. CB(1) 2496/02-03(01)
(issued for the meeting on 25 September 2003)

-List of follow-up actions arising from the discussion on 17 September 2003

LC Paper No. CB(1) 2496/02-03(05)
(English version issued for the meeting on 25 September 2003)(Chinese version to follow)

-Summary of concerns (as at 24 September 2003)

LC Paper No. CB(1) 2533/02-03(01)
(issued for the meeting on 3 October 2003)

-List of follow-up actions arising from the discussion on 25 September 2003

Submissions received

LC Paper No. CB(1) 2440/02-03(01)
(issued for the meeting on 17 September 2003)

-Submission from the Consumer Council

LC Paper No. CB(1) 2440/02-03(02)
(issued for the meeting on 17 September 2003)

-Submission from the DTC Association (English version only)

LC Paper No. CB(1) 2440/02-03(03)
(issued for the meeting on 17 September 2003)

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

LC Paper No. CB(1) 2440/02-03(04)
(issued for the meeting on 17 September 2003)

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

LC Paper No. CB(1) 2440/02-03(05)
(issued for the meeting on 17 September 2003)

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

LC Paper No. CB(1) 2461/02-03(01)
(issued for the meeting on 17 September 2003)

-Submissions from the Law Society of Hong Kong dated 30 June and 17 July 2003, together with the response from the Hong Kong Monetary Authority

LC Paper No. CB(1) 2496/02-03(04)
(issued for the meeting on 25 September 2003)

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

Council Business Division 1
Legislative Council Secretariat
17 October 2003