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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.