GOVERMENT HOUSE HONG KONG.
MON 30 MAR 92 10:49
PG.22
21'
will be · credited to the AA as explained in pa
above.
Passenger Terminal Charge
38.
The agreement provides
23b
that the Government will
introduce a PTC at Kai Tak no later than the target date for
opening the new airport (June 1997).
this, it
be will
Passenger
In order to facilitate
necessary to reduce the level of Airport
Departure Tax from its current level of $150 to no This is because it may
more than $50 at March 1991 prices.
for
be necessary for the AA to set a PTC as high as $100 at the
target date
the opening of the airport in a "low case" scenario and it is considered prudent to assume that no more than a total of $150 (at March 1991 prices) could be charged
to
will
of
passengers by way of PTC and APDT at that time.
The AA
be free to set a PTC higher than $100 after the opening and the Government will approve such a the new airport
level of charges unless to do so would result in the breach
of
an international
obligation binding upon the Government
(in accordance with provisions expected to be included in the Airport Authority Ordinance).