Report No. 61

Intro.-9. Policy matters outside the inquiry.- Our Report deals with issues which have been expressly referred to us by the Minister of Law, Justice and Company Affairs by his letter dated 12th April, 19731 as well as issues which arise therefrom. Before we proceed to deal with these issues, we ought, in fairness, to point out that the ultimate decision of most of these issues will involve considerations of policy of a complex political and economic character. The area covered by these considerations, however, is outside our inquiry, and our Report will be confined to the legal aspects of the issues under inquiry; and our recommendations and suggestions will be based on certain assumptions made by us from the relevant statements in .the communication of the Minister for Law, Justice and Company Affairs. We shall refer to these assumptions in due course, when we deal with the several issues serially. We thought it necessary to make this observation, in order to avoid any misunderstanding about the scope of our inquiry and about the character and effect of our recommendations and suggestions.

1. See para. Intro. 1, supra.