olc.
which will continue to provide subsidised land including free land
for rental housing indefinitely, With this Council the Finance Committee ^. of which will continue to vote funds for the authority
Vec
の
dc.
の
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سم
بھر
Upon reorganisation, the Authority will enjoy greater freedom in day-to-day affairs, but will otherwise retain its present relationship with the Government this Council and the OMELCO. Housing Panel. Government will still be accountable to the public for the Authority's
affairs.
پھر
The financial arrangements are a give-and-take package which attempts to be equitable to all parties. Its benefit is an increased financial flexibility which will enable the Authority to place its resources where its priorities are, so as to implement the Long Term Housing Strategy most effectively.
پور
To conclude, Sir, the reorganisation and amendments proposed in the Bill before this Council will increase the Authority's freedom without reducing Government's public obligations. Housing will remain a
major social commitment, continuing to be provided on the basis of need and charged on the basis of affordability.