LegCo Panel on Financial Affairs

Meeting on Monday, 7 November 2005 at 8:30 am
in the Chamber of the Legislative Council Building


I.Confirmation of minutes of meeting
(8:30 am - 8:31 am)

LC Paper No. CB(1)192/05-06
(issued vide LC Paper No. CB(1)201/05-06 on 1 November 2005)

-Minutes of meeting on 13 October 2005

II.Information papers issued since the regular meeting held on 4 July 2005
(8:31 am - 8:32 am)

LC Paper No. CB(1)1956/04-05
(issued on 4 July 2005)

-Process Review Panel for the Securities and Futures Commission Annual Report to the Financial Secretary for 2004

LC Paper No. CB(1)2187/04-05
(issued on 11 August 2005)

-Securities and Futures Commission Quarterly Report for April to June 2005

LC Paper No. CB(1)2215/04-05
(The Report was released for collection on 26 August 2005 and despatched on 29 August 2005)

- Half-yearly Economic Report 2005 and the press release

LC Paper No. CB(1)2218/04-05
(issued on 29 August 2005)

-Mandatory Provident Fund Schemes Statistical Digest June 2005

LC Paper Nos. CB(1)2260/04-05(01) to (07)
(issued on 13 September 2005)

-Six submissions on review of the Inland Revenue Ordinance and the Administration's written response

LC Paper No. CB(1)164/05-06(01)
(issued on 27 October 2005)

-Fourth progress report on the operation of the Loan Guarantee Scheme for Severe Acute Respiratory Syndrome Impacted Industries

III.Date of next meeting and items for discussion
(8:32 am - 8:35 am)

LC Paper No. CB(1)193/05-06(01)

- List of outstanding items for discussion

LC Paper No. CB(1)193/05-06(02)

- List of follow-up actions

*IV.Briefing on the work of the Hong Kong Monetary Authority
(8:35 am - 10:05 am)

LC Paper No. CB(1)193/05-06(03)
(issued on 1 November 2005)

- Paper provided by the Hong Kong Monetary Authority

LC Paper No. CB(1)217/05-06(01)
(issued on 2 November 2005)

- Press release on "Expansion of renminbi business" issued by the Hong Kong Monetary Authority on 1 November 2005

LC Paper No. CB(1)224/05-06(01)

- Background brief on "Deregulation of interest rate rules" prepared by the Legislative Council Secretariat

*V.Rewrite of the Companies Ordinance
(10:05 am - 10:50 am)

LC Paper No. CB(1)193/05-06(04)
(issued vide LC Paper No. CB(1)217/05-06 on 2 November 2005)

- Paper provided by the Administration

LC Paper No. CB(1)193/05-06(05)

- Background brief prepared by the Legislative Council Secretariat

*VI.The 2006-07 Budget consultation
(10:50 am - 12:45 pm)

LC Paper No. CB(1)193/05-06(06)
(To be tabled at the meeting)

- Information pack for the Financial Secretary's consultations on the 2006-07 Budget

VII.Any other business
(12:45 pm)

* All non-Panel Members are invited to join the discussion of Agenda Items IV to VI.

Council Business Division 1
Legislative Council Secretariat
4 November 2005