(181) Finally, the HKCC was exceptionally quick to implement a full leniency policy, and it adopted an overwhelmingly orthodox program built quite obviously on international leniency experience.
Sections 80 and 81 of the HKCO respectively allow the HKCC to offer and to terminate leniency agreements.
Kevin Clyne, an HKCC partner, said, "Many of these operations make choices on site selection, purchase price or rent they are willing to pay for business reasons entirely separate and apart from the objective value of the real estate.
The HKCC lawyers believe those courts are wrong, because the sale price or lease payments of these types of properties reflect the volume of the business of the store does, said Herman, an experienced tax-certiorari expert.
HKCC (1996) How competitive is the private residential property market?
The Proposals suggest that the HKCC will have all the necessary investigative powers and the ability to impose financial penalties up to a certain limit as well as cease and desist orders.
As regards the institutional arrangements, HKCC members will be appointed by the Chief Executive, and neither he nor the relevant minister will be empowered to issue directions to the HKCC.
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HKCC is already in the process of developing mutual exchange programs, including theological training and rural development as well as resource sharing.