MR CHAN CHUN-YING (in Cantonese):
Deputy President, I move that the motion under my name, as printed on the Agenda, be passed.
At the House Committee meeting on 19 May 2017, Members decided to form a subcommittee to study the Financial Institutions (Resolution) (Protected Arrangements) Regulation and the Financial Institutions (Resolution) Ordinance (Commencement) Notice 2017.
To allow more time for the Subcommittee to conduct the scrutiny work, I move on behalf of the Subcommittee that the period for scrutinizing the aforesaid notice be extended to 5 July 2017.
Mr CHAN Chun-ying moved the following motion: “RESOLVED that in relation to the―
(a) Financial Institutions (Resolution) (Protected Arrangements) Regulation, published in the Gazette as Legal Notice No. 76 of 2017; and
(b) Financial Institutions (Resolution) Ordinance (Commencement) Notice 2017, published in the Gazette as Legal Notice No. 77 of 2017, and laid on the table of the Legislative Council on 17 May 2017, the period for amending subsidiary legislation referred to in section 34(2) of the Interpretation and General Clauses Ordinance (Cap. 1) be extended under section 34(4) of that Ordinance to the
meeting of 5 July 2017.”