transit authority
4.In light of the success of the market-making system in enhancing the secondary market liquidity of the Exchange Fund paper, the arrangement was extended to the notes of the Mass Transit Railway Corporation (MTRC), Airport Authority (AA), Kowloon-Canton Railway Corporation (KCRC) and the Hong Kong Mortgage Corporation Limited (HKMC).
5.During the 1999-2000 session, the Legislative Council set up 31 bills committees to scrutinise bills introduced into the council, including the Broadcasting Bill, Building Management (Amendment) Bill 2000, District Court (Amendment) Bill 1999, Exchanges and Clearing Houses (Merger) Bill, Mass Transit Railway Bill and Urban Renewal Authority Bill.

