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'Silver economy' panel set up

The Commerce & Economic Development Bureau today established the Advisory Panel on Silver Economy and convened its first meeting with the aim of initiating research on the development of Hong Kong’s growing elderly population as a consumer segment.    Chairing the panel, Secretary for Commerce & Economic Development Algernon Yau said the elderly demographic was emerging as an important part of the city’s economy.    He highlighted that many products and services designed to enhance the quality of life enjoyed by elderly residents are spurring growth and business opportunities.    Mr Yau added that promoting such products and services can help to foster the development of the so-called silver economy and unleash business potential in the elderly market, whilst also catering to the aspirations and needs of elderly people. He said this would be the advisory panel’s focus.     At today’s meeting, the panel endorsed its terms of reference, reviewed statistics relating to

Building owners face legal action

The Buildings Department announced that it has initiated prosecution proceedings against owners or owner's corporations (OCs) of about 110 buildings for failing to comply with notices under the Mandatory Building Inspection Scheme.
In a statement, the department explained that about 2,200 buildings of the 2,700 buildings with expired notices under the scheme have made progress in the past few months after the Government announced in July that it would step up its follow-up actions.  
It said this indicated that most owners are willing to assume their maintenance responsibility but may need assistance throughout the process. The department, together with the Home Affairs Department and the Urban Renewal Authority, will continue to provide full assistance to these owners to comply with the notices as soon as possible.
It further stated that for the some 470 buildings with expired notices with no progress and reasonable excuse, the department has initiated prosecution proceedings against owners or OCs of about 110 buildings and will consider prosecuting the owners or OCs of the remaining 360 buildings. 
Of the aforementioned 110 buildings, summonses were issued to about 20 buildings since the fourth quarter this year. Among which, the owners of two buildings were convicted and fined about $4,500 and $3,100 by the magistrates and the remaining cases are pending hearings scheduled by the court.
The department also pointed out that it has proactively initiated and completed special inspections of the external walls of about 170 buildings with potentially higher risk and immediately followed up the required emergency works in an effort to reduce the risk to public safety from the buildings with expired notices.
It emphasised that this special operation is aimed at the buildings’ external walls and cannot replace the owners' responsibility in building maintenance and compliance with the notices.
The owners or OCs concerned are still required to conduct inspection and repair works in respect of the buildings’ common parts.
Upon reviewing the Buildings Ordinance in the future, the Government will consider streamlining prosecution procedures against the expired notices and increasing fines in order to enhance its deterrence.
The Government will also put forward the legislative amendments for public consultation within next year, the department added.

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