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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

Arbitration law changes proposed

The Government will introduce legislative amendments to the Arbitration Ordinance. The bill will be gazetted on February 19 and introduced into the Legislative Council on February 24.    The amendment aims to fully implement the Supplemental Arrangement Concerning Mutual Enforcement of Arbitral Awards between the Mainland and the Hong Kong Special Administrative Region signed between the Hong Kong SAR Government and the Supreme People's Court of the People's Republic of China last year.   The purpose of signing the supplemental arrangement is to bring it more fully in line with the current practice of international arbitration, including aligning the definition of the scope of arbitral awards with the prevalent international approach of "seat of arbitration" under the New York Convention.   It also allows parties to make simultaneous applications to both the courts of the Mainland and the Hong Kong SAR for enforcement of an arbitral award.   The Government noted that the implementation of the supplemental arrangement in full will be conducive to the promotion of the development of Hong Kong's legal and dispute resolution services.   It added that Hong Kong's status as an international legal hub for legal, deal-making and dispute resolution services will be further enhanced. 
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