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07-REB-1990 17:28

GOVERNMENT SECRETARIAT.

CONFIDENTAL

7

892 521 7058

F.OT

below.)

Care

should also be

avnarionna (monerally

hv

that taken

points scored for

those who are older) do not

nullify the effect of points for age. For these reasons, it is

necessary to "cap" experience points at 15 years.

15.

However, the value of experience for businessman cannot "Longer years of experience does

maketh." businessman

be solely measured in years.

not by itself

is

a better

arguably

better

reflected

in

his

The value of a

direct

businessman contribution to the economy as measured by his earnings from

dividends and

the

salaries, bonuses,

derived from profits

business in

It is thus proposed which he is actively engaged. that points scored for experience for businessman should take account of his success in business, defined as average earnings declared for tax purposes for the last three years.

16.

Education/training

in general,

better

is

a>

all altribule because,

a better-educated or more highly-trained person is A maximum of able to contribute to society and economy.

150 points may be scored under this head divided as follows:

(a)

General Education (Max. 50 points)

10 points for completion of Primary 6, 20 points for completion of Secondary Form 3 (compulsory education limit in Hong Kong), 30 points for completion of Form 40 points for completion of Form 7, and 50 points for completion of first degree.

5,

(b) Basic Vocational/Professional Qualification

(Max. 50 points)

Points scored under this sub-head take account of the

level

of

the

training/qualification

vocational/professional

basic

required

for entry into each

CONFIDENTIAL

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