cap/s.c

сар

l.c

Speech by the Honourable the Chief Secretary Sir David Ford, KBE, LVO, JP

in the Legislative Council on 13 January 1988 Betting Duty (Amendment) Bill 1987

Resumption of Second Reading Debate

CHIEF SECRETARY:

Sir

Mr.

I have listened with interest to he

Hen HUI Yin-fat's plea that the allocation of

lotteries proceeds to the Lotteries Fund should

be increased.

In addition, sal

He has somewhat understated the Fund's contribution to the social welfare sector. Over

three

the past 3 years, the Lotteries Fund has spent

or

committed

for expenditure the following

earlier

amoun ts for Papery capital projects

projects in this sector. In the fiscal year 1986/87, some $69 million was spent and $123 million committed to

figures

Ө

expenditure. The corresponding ********** for 1987/88 are $90 million for expenditure and $142

million on commitments and for

for 1988/89 $105 million for expenditure and $170 million on

commitments.

-I must say I was somewhat surprised to hear his introductory remark that he believed that the popularity of the Mark Six lottery that due to the fact

Wished

to contribute to

that many people

winning a prize

at last

A

charity. I

would have thought that they police the prospect of

contributed somewhat to people's

motivation.

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