CONFIDENTIAL
125
M(87) 11
(a) under section 37 of the
Waterworks
Ordinance
(Chapter 102), that subject
to the amendment decided at
(c) above, the Waterworks
(Amendment) Regulations 1987
at Annex D to the memorandum
should be made; and
(e) that before future increases
are sought, the concepts
behind the charges should be
examined with a view to
clarifying whether increases
in charges should be based
on inflation or on the need
to secure an adequate return
on ANFA.
(The Director of Water Supplies, Mr T.H. TOMLINSON,
the Deputy Secretary for Lands and Works, Mr A.P. ASPREY, the
Assistant Financial Secretary, Mr
Mr A.J. DEEPROSE, and Crown
Counsel, Mrs. Y.C. FUNG, attended before the Council for the
discussion of this item.)
CONFIDENTIAL