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More HZMB private car quotas set

The governments of Hong Kong and Macau have agreed to increase the regular quotas for Hong Kong cross-boundary non-commercial private cars using the Hong Kong-Zhuhai-Macao Bridge to Macau, the Transport Department announced today.   The decision was made to enhance traffic flow between Hong Kong and Macau, better utilising the bridge, the department said.   It will increase the Hong Kong quota by 1,000, following the earlier quota allocation of 1,800 for Hong Kong.   The additional quota will be distributed in two phases from the second quarter.   Half of the additional 1,000 quota allocations is for company applicants and the other half is for individual applicants. The quotas are valid for no more than three years. The eligibility criteria of quota applications remains the same.   Private cars allocated with Hong Kong quotas will be permitted to access the city of Macau multiple times using the bridge.   The Hong Kong quota allotments will be re-allocated upon expiry thro

New inspection arrangements reliable

The Financial Services & the Treasury Bureau said the new inspection arrangements for the Companies Register are reliable.   The bureau made the statement today in response to media enquiries on an online report alleging that the Secretary for Financial Services & the Treasury had provided misleading information regarding the implementation of inspection arrangements for the Companies Register at the Legislative Council Panel on Financial Affairs’ meeting on April 9.   The bureau described the allegation as groundless.   It said the Secretary for Financial Services & the Treasury explained at LegCo last week that the Companies Registry, simulating the proposed new inspection arrangements, had conducted a stocktaking exercise on the Companies Register this month in regard to records of current individual directors of live companies holding Hong Kong Identity Cards who may have identical full names and partial identity card numbers.   Results showed that, amongst about 588,000 current directors holding Hong Kong Identity Cards, only eight pairs of them have identical Chinese or English full names, as well as the same alphabet and the first three numbers of the identity card, equivalent to a chance of 0.003%.   Some media today quoted an online report with information obtained from the Companies Register that includes a comparison of partial identity card numbers in a way which is not the pattern to be adopted under the new inspection arrangements. Therefore, the bureau pointed out that the results are not directly comparable.   Meanwhile, some people with identical details, as quoted in the online report, are from dissolved companies that are no longer live on the register, it added.   The bureau said the Companies Registry's exercise results could effectively demonstrate the level of reliability of the search services under the new inspection arrangements.   Taking into account comments from members of the LegCo Panel on Financial Affairs, the bureau said it will look into the possibility of providing additional information for searchers to identify directors if they have identical partial identification numbers and Chinese or English full names, without compromising the principle of protecting the full identification numbers of directors.
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