11

M.R.

Would pensioners be subject to special taxation.

L.P.

Lu Ping has been well tutored !!!

J.L.

The SAR Government will consider this question.

No such tax exists at present. The economic

success of HK depends on various reasons

low taxation.

one is

L.P.

M.R.

L.P.

Raised the point about long term employment for

clarification.

Our policy is not to exclude overseas officers

from lang term employment rather one would encourage

them to work on a long term basis. There is some

contradiction with localisation.

1

Can localisation be at the recruitment stage only. HK's universities, polytechnics and other institutions are producing increasing numbers of qualified people. Nobody would dispute that at the recruitment stage, if you have sufficient persons of the right calibre they must get first chance. What is unfortunate and

causes bitterness is when the HK Government does not

renew overseas civil servants contract in mid-career.

Suddenly saying to a man in his mid-40s that he is out of a job.

Noted the point.

/P.12

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