200

12.30

Date:

28.11.86

Time:

8.30

Reporter:

PMS

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SES:

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I refer to the Government pay level.

Are you satisfied?

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CHAIRMAN:

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MR CHAN:

Yes.

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CHAIRMAN:

Okay. Could I ask, in 1981-82, was

Government subvented HK$21 million to the Tourist Association.

What was the total revenue for the Tourist Association at that

time from, at that time I think it is 4%, is it, 4 or 5%?

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SES:

13 accommodation tax.

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HK$42 million came from the hotel

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CHAIRMAN:

So from 1981-82 to '85-86 it has grown

from HK$42 million, no more than that, HK$111 million.

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SES:

HK$111.7 million, yes, for the reasons

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that I have given.

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SES:

MR CHEONG:

The revenue has grown by 80% more or less.

Perhaps, I think we should call it the

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hotel accommodation tax because there were other forms of revenue, for example, the contributions and general revenue.

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CHAIRMAN:

Yes, well, the contribution from general

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revenue is HK$21 million.

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SES:

In that year, yes.

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MR CHEONG:

In that year, but '85-86 is HK$5.6 million.

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SES:

'85-86, it has declined to 5.6, and in

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'86-87 it is nil.

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