3-

Part I

Subject

4. Tuen Mun/Yuen

Long Transport

System

Negotiations

(cont'd)

5. Franchised

Bus Services

(SCR 2/5621/79)

1.

2.

Purpose

Review of Bus Operations KMB, CMB.

KMB?

Re-examine agreements concluded with both companies in February 1980.

3. Amend Public Omnibus

Services Ordinance.

:

Progress Made & Present Position

(f) Government has re-examined the

relationship between the transport operation and the proposed land development, and sought comments from KWG on the revised proposals.

(a) All Sub groups have completed

review of KMB and started on CMB.

(b) Report on KIB under preparation.

(c) KMB refunded #40M.

(d) Tyleeland to split off from KMB

Next Quarter Targets

(a) Complete Review

of CIB.

(b) Report to TAC &

ExCo on both companies.

(c)

Release findings

of Review to public.

(d) Renegotiate

agreements with operators.

(e) Implement other

recommendations of the Review.

(f)

Continue to process

amendments to POSO.

GF 323

CONFIDENTIAL ##

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