2.
5
Prior to the effective date of this Scheme and periodically thereafter
(as called for by the Covernment or by one or more of the Companies)
the Companies shall submit to Government their respective financing
plans and cash flow forecasts for the period ending with the forthcoming
financial year and for each of the four subsequent financial years. The
forecasts will be based on demand growth projections, inflation rates
and other significant parameters collectively agreed by the Government
and the Companies to be the most probable for the period in question.
After allowing for the availability of capital funds from other sources,
the Companies and the Government will collectively agree on the total
dollar amount of Development Fund additions to be budgeted by each company
for each of the financial years in question. The amounts so budgeted
shall, in the case of cach company, be added to the charge it makes for
electricity sold.
D.
Term
1.
This Scheme shall become effective October 1, 1978 or earlier if agreed
in writing by the Government of Hong Kong and all parties to the Scheme.
It shall continue in effect until September 30, 1993.
2.
Each of the Companies and the Government will have the right during the
year ending September 30, 1985 to request re-negotiation of any of the
terms hereof which the party concerned believes are no longer equitable
or appropriate. Should such request be made, the Government and the
Companies shall use their best efforts to reach agreement promptly
regarding modification of such terms, but until modification is agreed
by all parties concerned the Scheme as set out herein shall remain in
effect.