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(c)
The Working Party's approach
The foregoing discussion indicates that serious doubts exist as to whether some of the
key benefits intended to flow from adopting an entirely new code would in fact
materialise if the CPR were adopted in Hong Kong. The ratio of effort to anticipated
benefits would appear somewhat less favourable than the ratio envisaged by Lord
Woolf in the English context, militating against adoption of Proposal 74.
The approach which the Working Party therefore adopts is :-
(a)
to try, if possible, to avoid the pitfalls revealed by the CPR experience, for
example, in respect of measures carrying front-loaded costs;
(b)
to try to form a realistic view of the benefits likely to be achievable under local
conditions; and
(c)
to ask whether such benefits can be achieved with less effort than by
introduction of an entirely new code.
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