WEDNESDAY, AUGUST 2, 1978
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R. HADDON-CAVE ALSO BROUGHT OUT TWO ASPECTS, OF THE RULES AND THE TAXATION TREATMENT BENEFITS UNDER THE INLAND REVENUE ORDINANCE. THESE ARE: TO ENSURE PROPERLY CONSTITUTED RETIREMENT SCHEMES IN THE INTERESTS OF WORKERS; AND TO ENCOURAGE THE ESTAEL ISHMENT OF SUCH SCHEMES BY WAY OF GRANTING TAX RELIEF TO EMPLOYEES AND, TO A SOME..HAT LESSER EXTENT, EMPLOYERS.
R. HADDON-CAVE OBSERVED THAT THERE HAVE BEEN VERY FEX CASES IN THE PAST WHERE APPROVAL FOR SCHEMES SUBMITTED HAS HAD TO BE ITHHELD BECAUSE THE SCHEME WAS NOT PROPERLY FUNDED, ..OP HAS THE REQUIREMENT FOR. PROPER FUNDING PROVED TO BE AN CESTACLE TO NEW SCHEMES BEING SUBMITTED FOR APPROVAL.
IN FACT, HE SAID, THE NUMBER OF APPROVALS WAS RISING EVERY YEAR FROM 56 IN 1973-74 TO 154 IN 1975-76 AND TO 192 IN 1977-79.
MR. HADDON-CAVE ADDED, HOWEVER, HE WOULD CONSIDER FURTHER THE PROPOSITION OF UNOFFICIAL MEMBERS ON THE MATTER.
16
TOPLEY LINKS EDUCATION PLANNING WITH DEMAND FOR PLACES AND MANPOWER NEEDS
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THE DIRECTOR OF EDUCATION, THE HON. KENNETH TOPLEY, TODAY SPELLED OUT THE EXTENT TO WHICH THE PLANNING OF SENIOR SECONDARY AND TERTIARY EDUCATION PROVISION TOOK INTO ACCOUNT THE DEMAND FOR PLACES BY STUDENTS AND PARENTS, AND HONG KONG'S PROJECTED MANPOWER NEEDS.
MR. TOPLEY WAS REPLYING IN THE LEGISLATIVE COUNCIL TO COMMENTS MADE LAST MONTH BY MEMBERS OF THE UMELCO AD-HOC GROUP ON THE GREEN PAPER ON SENIOR SECONDARY AND TERTIARY EDUCATION.
HE SAID THE RELATIONSHIP BETWEEN PLANNING AND MANPOWER NEEDS WAS AN ISSUE THAT CAUSED LONG DEBATE AND REVEALED CONSIDERABLE VARIATIONS IN OPINION AMONG THE WORKING PARTY THAT PRODUCED THE GREEN PAPER.
+ON THE ONE HAND THERE IS THE SCHOOL OF THOUGHT WHICH BELIEVES THAT PROVISION SHOULD BE MADE TO ENABLE ALL TO ACHIEVE THE HIGHEST LEVEL OF EDUCATION OF WHICH THEY ARE CAPABLE REGARDLESS OF THE ECONOMIC NEEDS OF SOCIETY, MR. TOPLEY SAID.
/+AT THE OTHER END