62

Date:

Time:

25.11.86

2.15 to 5.00

Reporter:

JPM

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MR CHEONG:

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Well, we will come to that later but you

did point out to the relevant Secretaries that under the current Ordinance, you are practically required to issue demand notes?

CRV:

Oh yes, I stated in writing that in point

of fact although the policy was going to be decided hopefully, under the terms of the Ordinance legally I had to assess.

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to guide you

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MR HO:

I hoped that earlier than that letter in

all the relevant cases you did document your view that you have to follow the law, and then the Policy Department might suggest something

as otherwise you would always want to follow the law

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to evaluate?

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CRV:

Very definitely Mr Ho, yes.

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MR HO:

In every case?

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CRV:

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Oh yes, and very simply if the case under the Ordinance makes it specific that a particular tenement it be a market stall or otherwise, I would have to assess.

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whether

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CHAIRMAN:

Okay. Peter - ?

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MR POON:

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May I direct my question to the DFS:

would you agree with the Director of Audit when he said that the rating of market stalls is ultimately a cost-effective exercise, and the early rating exercise if carried out, would there be a net gain of $1.4 million a year accruing to Government?

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DFS:

I don't believe that it would be a cost-

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collect rates (at least in part) in order to provide revenue for

the Urban Council.

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SMS:

If I may Sir, the Commissioner drew the

i

ig

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