The Financial Services & the Treasury Bureau has launched a three-month consultation on the Companies Ordinance review, covering measures to improve provisions on company names, directors' duties, corporate directorship and registration of charges.
The views collected from the consultations will be considered for incorporation into a White Bill to be issued for public consultation in mid-2009. The new Companies Bill is tentatively scheduled to be introduced into the Legislative Council in the third quarter of 2010.
For details of the consultation paper click here. Comments should be sent by mail to the bureau's Companies Bill Team, 15/F, Queensway Government Offices, 66 Queensway, Hong Kong, faxed to 2869 4195, or emailed to co_rewrite@fstb.gov.hk by June 30.
To participate in a forum on the topic click on the headline above.