Session No. 5 File name : cedb(cit)- doc
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- Examination of Estimates of Expenditure 2010-11
Question : It is mentioned under “Matters Requiring Special Attention in 2010-11” that the Administration will “seek to introduce the Competition Bill into the Legislative Council”. Will the Administration inform this Committee of the preliminary direction and contents of the Bill and the estimated time at which the Bill will be introduced into the Legislative Council? Asked by : Hon. FUNG Kin-kee, Frederick Reply : The Competition Bill under preparation contains general prohibitions on any agreements between undertakings and abuse of a substantial degree of market power that have the object or effect of preventing, restricting or distorting competition. The Bill will provide for a judicial enforcement model under which an independent Competition Commission will be established to investigate and prosecute anti-competitive conduct, whilst the Competition Tribunal established within the Judiciary will adjudicate on infringements, hear private actions and apply remedies. Appeals from determinations of the Competition Tribunal will be handled by the Court of Appeal. We are seeking to complete the drafting work of the Bill, and at the same time working with various bureaux and departments to determine the coverage and contents of relevant provisions and to finalize the details of the Bill. Although the Competition Bill is very complex, we still strive to maintain our original target on the introduction of the Bill into the Legislative Council.
Question : In the Analysis of Financial and Staffing Provision, it is stated that “Provision for 2010-11 is $1.7 million (17.3%) higher than the revised estimate for 2009-10. This is mainly due to the provision required for the creation of one position of Political Assistant”. Please inform this Committee of the latest progress of recruitment and the date when the appointee is expected to report for duty. Asked by : Hon. FUNG Kin-kee, Frederick Reply : The vacancy of the Political Assistant in the Commerce and Economic Development Bureau will be filled when a suitable candidate is identified.
Directory: citb -> doc doc -> Replies to initial written questions raised by Finance Committee Members in examining the Estimates of Expenditure 2012-13 Director of Bureau : Secretary for Commerce and Economic Development Session No. 12 File name : cedb(cit)- doc Download 4.7 Mb. Share with your friends:
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