The Legislative Assembly (AL) yesterday passed the outline of a government-initiated bill regulating the city’s finance leasing.
The legislature also passed the outline of a bill on tax benefits encouraging the establishment of finance leasing business.
Secretary for Economy and Finance Lionel Leong Vai Tac introduced the outlines of the two bills, which aim to promote the development of the city’s finance leasing sector, during a plenary session in the legislature’s hemicycle yesterday.
Secretary for Economy and Finance Lionel Leong Vai Tac addresses yesterday’s plenary session in the legislature’s hemicycle. Photo: GCS