Subject

12.

Hiving off

the KCR

(CR 1/645/77)

i

Purpose

To"hive off" KCR from the Government and to determine the future organization.

Progress Made & Present Position.

(a) Terms and conditions of employment

in the KCR Corporation are being determined.

(b)

(c)

The Ex-gratia Payment Assessment Panel has been constituted and met on 30th April.

Work has commenced on Instructions to Counsel.

Next Quarter Targets

Carry out the tasks of the Transitional KCR Board through its sub- committees. Target vesting date is 1st Jan. 1983. Legislative proposals should go to ExCo in August/September and to Leg.Co. by end of October.

i...

機密

GF 323

CONFIDENTIAL

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