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NO

Friday, February 23, 1973

BUDGET DAY NEXT WEDNESDAY

Hong Kong's Budget Day this year falls on Wednesday, February 28,

when the Appropriation Bill 1973 will be introduced into the Legislative

Council.

The proceedings will start at 2.30 p.m. during which the Financial

Secretary, the Hon. C.P. Haddon-Cave, will move the section reading

of the Bill and outline the main features of estimated revenue and

expenditure for the coming financial year beginning April 1, 1973.

The estimated heads of expenditure will be set out in the

schedule of the Appropriation Bill to be published on February 28.

The debate on the second reading will be adjourned and resumed

on Wednesday, March 14, and Thursday, March 15, when Unofficial Members will

speak.

The debate will be resumed on Wednesday, March 28, when the

Official Members will reply to points raised by their Unofficial colleagues.

The Council will then consider the Bill in committee stage,

to be followed by the formal third reading of the Appropriation Bill.

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