:

CONFIDENTIAL #Z

12.

In summary

- 8 -

(a) the Airport

objectives

legislation;

Authority

will work within the

laid down by the Government through

(b) it

will be fully accountable to the Government

and in particular any injection of Government

funds into the Authority will be subject to

the approval of the Hong Kong legislature;

(c) it will be managed on commercial principles,

and will

operate with the benefit of a wide

range

of. professional,

managerial expertise.

CONFIDENTIAL

technical

:

and

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